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The pound is taking another tumble

The pound is taking another tumble on Friday, staying well below its opening price in trade all day. Sterling has had an up and down week against the dollar, dropping as low as $1.2150 early in the week, before recovering to a weekly high of $1.2320 on Wednesday. However, on Friday it is dropping again, falling more than 0.3% as of 3:40 p.m. BST (10:40 a.m. ET) to trade at $1.
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