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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Four state-run banks reported a spike in bad loans and provisions for sour debt on Tuesday after a clean-up exercise ordered by their regulator, sending three of them to net losses for the fiscal third quarter. Full Article