The pound sterling has experienced for its most significant weekly advance against the dollar in almost four months on Friday, trading near a peak not seen since late 2021. The rise to over $1.37 is attributed more to a general weakening of the US dollar than to inherent strength in sterling. I
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The Pound Sterling has continued to lose value against the US Dollar since the Friday Mini Budget, falling over 4% and reaching a record low of $1.03.