Pound Climbs as Brexit Risk Seen Wan­ing

The Economic Times - - Commodities Plus -

PPound rose to its high­est level this month ver­sus the dol­lar as an­a­lysts said the risk of the UK po­ten­tially vot­ing to leave the EU in a June ref­er­en­dum may be over­done. Ster­ling gained ver­sus 12 of its 16 peers af­ter data showed a big­ger-than-fore­cast drop in UK re­tail sales.

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