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Daily News And Economic Overview UK


holyangel

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The greenback slipped versus the pound on Friday even after the S & P affirmed a stable outlook on the ratings 'AAA' belonging to Britain, which indicates if theagency has been more optimistic about the government's measures to improvefiscal conditions.

 

However, success in maintaining the momentum Sterling will still depend on theassessment of the Bank of England policy makers about the potential damage to the export sector and whether the data in the coming weeks will clarify thesustainability of economic recovery.

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