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The National (Scotland)
The National (Scotland)
National
Hamish Morrison

Sterling languishing against dollar as interest rate hike speculation builds

Chancellor Kwasi Kwarteng is facing grim economic conditions before his mini-Budget this week

STERLING is continuing to languish against the dollar ahead of the new Chancellor’s first fiscal statement expected later this week.

The pound is hovering near a 37-year-low against the US currency.

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