Economic news

Review: Pound jumps to 2-1/2 week peak vs dollar on progress of Brexit talks

The pound jumped half a percent to a 2-1/2 week peak on Monday after reports the UK would make an improved financial offer to the EU.

Sterling surged to a top of $1.3272 in early trading on Monday, its highest level since Nov. 2.

Versus the euro, it touched a one-week peak of 88.75 pence.

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