Market News
Sterling rises to 12-week high versus weaker dollar - REUTERS
LONDON, Dec 23 (Reuters) - The pound rose to a near three-month high against a broadly weaker dollar on Tuesday, as traders assessed green shoots in the UK economy while keeping a close eye on persistent inflation.
Sterling rose 0.42% against the dollar to $1.3517, its highest level since October 1, extending last week's gains and putting it on track for its best month out of the last four.
The pound is up over 2% so far in December and on track to end 2025 about 8% higher.
