February 7, 2013 / 10:16 AM / 4 years ago

Sterling hits session high versus dollar

1 Min Read

LONDON (Reuters) - Sterling hit a session high against the dollar on Thursday, with traders citing a Bloomberg report that quoted incoming Bank of England governor Mark Carney as saying the central bank must exit unconventional monetary policy.

Sterling rose 0.5 percent on the day to $1.5750, from around $1.5672 beforehand.

The euro also fell to a session low against the pound to trade down 0.2 percent on the day to 86.05 pence.

Reporting by Nia Williams; editing by Anirban Nag

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