Pound Defies Expectations With Calm Amid UK Political and Economic Upheaval
The British pound has emerged as an unlikely oasis of calm in a turbulent year for the UK, repeatedly wrong-footing traders who bet on the currency to weaken at the first sign of trouble. Markets appear to be giving incoming political figures, including Andy Burnham, the benefit of the doubt, helping underpin sterling's resilience through a period of political and economic upheaval.
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