P129 CEEFAX 129 Wed 11 Nov 16:51/48
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,, FOREIGN EXCHANGES/WEDNESDAY Midday ,
Trading volume has been very low with
the American markets closed for the
Veteran Day Holiday and some European
centres also shut for Armistice Day.
Sterling has moved steadily higher in
terms of the generally weak dollar, and
also shows gaink against most of the
other Europeans. The pound's effective
index at midday stood at 89.1 after an
opening calculation of 88.9.
The dollar's weakness was largely the
result of profit-taking after Tuesday's
strong gains.
,,,,,,,,,, EXCHANGE RATES 135 ,,,,,,,,,