Pound Erases Drop Versus Dollar; Is Little Changed at $1.6198

The pound erased declines against the dollar and the euro.

The U.K. currency was little changed at $1.6208 as of 3:58 p.m. London time, after weakening as much as 0.3 percent to $1.6160.

Sterling strengthened 0.1 percent to 81.16 pence per euro, after weakening as much as 0.3 percent to 81.43 pence.

To contact the reporter on this story: Keith Jenkins in London at kjenkins3@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.