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Friday, 06 October 2017 - 9:57
Sterling stumbles on fears over May's future
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Uncertainty over Theresa May's future as prime minister helped send sterling down nearly 1% against the dollar on Thursday (05).

The pound fell 0.9% against the greenback at $1.3127 and declined 0.45% against the euro to €1.1217.

The fall reflected concern about the Conservative Party leadership following May's speech on Wednesday.

Investors are also questioning whether the Bank of England will raise interest rates this year.

 

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