Bloomberg News

Pound Stays Lower Versus Dollar, Euro After U.K. Inflation Data

February 12, 2013

The pound stayed lower against the dollar and the euro after a report showed U.K. inflation held at the highest rate since May last month.

Britain’s currency was 0.4 percent lower at $1.5600 at 9:33 a.m. London time. It fell 0.4 percent to 85.92 pence per euro.

U.K. government bonds were little changed, leaving the 10- year yield at 2.10 percent.

To contact the reporter on this story: Emma Charlton in London at echarlton1@bloomberg.net

To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net


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