The pound advanced against the dollar and the euro after Bank of England Governor-designate Mark Carney said the nation must exit its unconventional policy.
The pound advanced 0.5 percent against the dollar to $1.5732 at 10:10 a.m. London time and strengthened 0.3 percent to 86.13 pence per euro.
Carney made the comments in a written testimony to a panel of U.K. lawmakers.
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