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BLBG: Pound Rises Against Dollar, Reversing Loss; Trades at $1.6022
 
By Agnes Lovasz

Nov. 5 (Bloomberg) -- The pound gained against the dollar, reversing earlier losses.

The U.K. currency was at $1.6022 by 12:10 p.m., from $1.5956 yesterday, after slipping as low as $1.5753. Against the euro, the pound rose to 80.96 pence, from 81.34 pence.

To contact the reporter on this story: Agnes Lovasz in London at alovasz@bloomberg.net

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