LONDON Dec 12 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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India's economic growth expectedly eased in the quarter through December, data showed on Monday, adding pressure on Prime Minister Narendra Modi's administration to expedite stalled reforms in the upcoming parliament session. Full Article