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Dollar Declines To 11-day Low Against Pound

06:29, 20th October 2014

(RTTNews) - The U.S. dollar drifted lower against the pound in European deals on Monday.

The greenback hit 1.6147 against the pound, its lowest since October 9, and was 0.4 percent lower from Friday's closing quote of 1.6086. If the greenback slides further, 1.62 is seen as its next possible support level.

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