Sterling has begun to rise, heading for its biggest gain in two months, as Prime Minister Theresa May has agreed to allow Parliament to debate her Brexit plans.
The currency rose 1.2% against the US dollar in morning trading to hit $1.2269, rebounding from a 4.9% fall over the previous four days. Sterling has suffered this month, falling 6% thanks to comments by the Prime Minister (pictured) vowing to focus on immigration as a key part of her Brexit plan. Sterling also experienced a 'flash crash' last Friday, falling by 6% in two minutes, an outcome blamed on possible human error, though it failed to rebound substantially afterwards. Since the start of the year, sterling is down 16.6% versus the US dollar. However, it has slowly begun...
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