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Pound rallies as PM May relents on Brexit debate
Investors relieved as she accepts demand to allow MPs to vote on her plan for taking Britain out of EU
Published Wed, Oct 12, 2016 · 09:50 PM
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Singapore
THE pound surged against the US dollar, heading for the biggest gain in almost two months, after UK Prime Minister Theresa May accepted that Parliament should be allowed to vote on her plan for taking Britain out of the European Union (EU). Sterling climbed at least 0.7 per cent against all its 31 major peers.
The mo…
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