BLBG: Pound Falls 0.3% to $1.6388, Trimming First Weekly Gain in Three
By Daniel Tilles
July 17 (Bloomberg) -- The pound fell 0.3 percent to $1.6388 as of 6:25 a.m. in London, trimming its first weekly gain in three against the dollar.
The British currency was little changed versus the euro, trading at 86.15 pence, from 86.06 pence yesterday, set for its fourth consecutive weekly drop, the longest run of declines this year.
To contact the reporter on this story: Daniel Tilles in London at dtilles@bloomberg.net
