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Sterling hits new lows as recession fear bites - Business News, Business - The Independent
Expectations that the Bank of England would soon cut interest rates to zero, or close to it, drove investors to other currencies, particularly the euro. The pound fell to below €1.14 for the first time, with €1 buying 87.7p - the highest since the single currency was launched in 1999.


*Lunatic*, n.
One whose delusions are out of fashion.
by DoDo on Thu Dec 11th, 2008 at 03:18:59 PM EST
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