Economic news

Pound firms after biggest fall in a month

The pound strengthened on Monday after posting its biggest daily fall in more than a month on Friday as investors added some long bets in a week when Britain and the European Union are expected to move to the next stage of Brexit negotiations.

The British currency was broadly stable versus the dollar at $1.3375 after sliding 0.7 percent on Friday, its biggest daily decline since Nov. 2.

Versus the euro, the pound eased by 0.3 percent to 88.15 pence in early trade on Monday.

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