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Pound up 1% against dollar after Sunak installed as PM

The pound rose more than one percent against the dollar on Tuesday after Rishi Sunak took office as Britain's prime minister.

At 1320 GMT the pound was up 1.2 percent to $1.1411, and up 0.7 percent against the euro to 87.64 pence.

Source: Agence France Presse


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