Wednesday, October 22, 2008

Pound Drops To New Multi-Year Lows Against Dollar & Yen

The UK's sterling staged a sharp slide against its major rivals on Wednesday morning in Asia. The pound fell to new multi-year lows of 1.6512 against the US dollar and 165.43 against the Japanese yen by 8:00 pm ET, compared to yesterday's closing values of 1.6708 and 167.36, respectively.

read more | digg story

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