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London-Sana
The pound fell today to its lowest level in more than two years after the contraction of the British economy in the second quarter of this year.
The pound fell to US $ 1,206, its lowest level since January 2017, before the UK dollar rallied slightly to $ 2,072, but remains down 0.5% from the previous year. the previous close, Reuters reported.
The pound sterling also fell against the euro to hit a new low in two years of 92.88 pence.
According to data from the Office for National Statistics, the British economy has contracted at a quarterly rate of 0.2%, which represents a first contraction since 2012 and a year on the year. ;other.
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