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