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U.K. Pound Little Changed Versus Dollar as GDP Matches Estimates

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Feb. 27 (Bloomberg) -- The pound stayed little changed versus the dollar and the euro after data showed U.K. gross domestic product fell 0.3 percent in the fourth quarter, in line with analyst estimates.

Sterling was at $1.5133 at 9:33 a.m. London time, from yesterday’s close of $1.5125. The U.K. currency traded at 86.43 pence per euro.

To contact the reporter on this story: Neal Armstrong in London at narmstrong8@bloomberg.net

To contact the editor responsible for this story: Paul Dobson at pdobson2@bloomberg.net

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