British pound breaches $1.3 for the first time in a year
LONDON — The British pound on Wednesday broke above the $1.3 level against the U.S. dollar for the first time in a year, as investors bank on a coming period of growth-friendly policies and political stability under the newly elected Labour government. Sterling was 0.49% higher at $1.3027 at 9:55 a.m. in London (4:55 a.m. … Read more
