BLBG: Pound Set for Biggest Weekly Drop Versus Dollar Since Oct. 24
The pound fell for a second day against the dollar, trading down 1 percent to $1.3744 as of 6:29 a.m. in London. The British currency was set for its biggest weekly drop since Oct. 24.
Against the euro, the pound dropped for a sixth day, trading at 94.09 pence, from 93.70 pence yesterday, and set for its steepest weekly decline since Dec. 5.