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