Sterling hits five-week high versus dollar

LONDON Wed Dec 12, 2012 3:06pm IST

LONDON Dec 12 (Reuters) - Sterling hit a five-week high against the dollar on Wednesday after the number of UK unemployment claims fell unexpectedly in November.

The pound hit a high of $1.6134, its highest level since Nov. 1, before paring gains to last trade close to flat on the day at $1.6120. (Reporting by Philip Baillie, Editing by Nia Williams)

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