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Pound Rises After U.K. Employment Data

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
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The British pound strengthened against other major currencies in the European session on Tuesday, following the release of positive U.K. employment figures for the three months ending December.

Data from the Office for National Statistics showed that U.K. unemployment rate remained unchanged in the fourth quarter. The jobless rate came in at 4.4 percent in three months to December, the same as in the preceding period. Economists had forecast the rate to rise to 4.5 percent.

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