LONDON Dec 5 The euro rose to a one-month high against the pound on Wednesday, tracking a rise in the euro's gains against the dollar as European shares rose.
The euro rose to 81.460 pence, its highest level since Oct. 24. Near-term resistance was expected at the October high of 81.65 pence. (Reporting by Philip Baillie, Editing by Nia Williams)
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India has waived retrospective imposition of a minimum alternative tax (MAT) affecting foreign funds, the Finance Minister said on Tuesday, a move that could resolve a dispute that had shaken investor confidence. Full Article