U.K. Pound Erases Drop Against Euro to Trade at 85.65 Pence

The U.K. pound erased its declines against the euro and the dollar.

Sterling was little changed at 85.65 pence per euro at 12:20 p.m. London time, after weakening by 0.2 percent. It was at $1.5636, after earlier slipping 0.2 percent to $1.5604.

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