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Sterling shrugs at rising inflation, hovers below US$1.42 | Money - Vimarsana News

Sterling shrugs at rising inflation, hovers below US$1.42 | Money

LONDON, May 19 — Sterling traded flat to the dollar and hit its lowest in more than a week against a broadly stronger euro today, after data showed a doubling of consumer price inflation in Britain in April. British consumer prices rose by 1.5 per cent in April, the Office for National Statistics...