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Pound Eases From 4 1/2 -month High Against Dollar

9/17/2012 3:34 PM ET

After hitting a 4 1/2 -month high of 1.6276 by about 11:10 am ET, the British currency reversed its direction against the US dollar in New York afternoon deals on Monday. As of now, the sterling is trading near 1.6237 versus the greenback, compared to last week's closing value of 1.6232.

by RTT Staff Writer

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