LONDON Dec 4 Sterling hit a one-month high versus the dollar on Tuesday as long-term investors bought the pound, adding to Monday's gains.
Sterling rose 0.2 percent to $1.6118, its highest level since Nov. 2. (Reporting by Philip Baillie, Editing by Nia Williams)
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Construction firm Larsen & Toubro Ltd reported a quarterly profit well below analysts' estimates, as several of its local infrastructure orders were deferred, leading to a decline in domestic business. Full Article