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Pound Soars Against Dollar

Sterling passes $2.02, raising hopes and filling coffers

By Sophie Goldstein,  Newser User

Posted Jul 4, 2007 1:24 PM CDT

(Newser) – The British pound climbed against the dollar today to a level not seen since June 1981, nudging past $2.02 before closing at $2.0136. The third consecutive trading session with a 26-year high came as the UK braced for a interest rate hike and...   Read full story »

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