Economic news

Review: Pound holds gains

The pound stayed below seven-month peak against the greenback on Friday.

By 08:51 GMT, sterling was 0.2 percent lower at $1.2860. In mid-May, it reached its top since September at $1.3048.

The pound has recently been suffered from political fears after polls showed Prime Minister Theresa May would lose 20 seats in new parliament.

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