BLBG:British Pound Weakens Against Dollar as Greece Triggers CACS for Debt Swap
The pound weakened against the dollar after Greece said the participation rate in its government bond swap reached 95.7 percent after triggering collective action clauses.
Sterling fell 0.2 percent to $1.5801 at 6:12 a.m. London time, and traded little changed versus the euro at 83.78 pence.
To contact the reporter on this story: Paul Dobson in London at pdobson2@bloomberg.net
To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net
