The pound slumped against the US dollar as investors flocked to the safe haven currency, leaving the pairing trading around $1.289. The dollar was buoyed after the rapid spread of coronavirus increased fears that the outbreak of Covid-19 could become a pandemic.
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Pound US Dollar exchange rate slumps as opportunity to contain Covid-19 ‘narrowing’
![Pound US Dollar exchange rate slumps as opportunity to contain Covid-19 ‘narrowing’]()
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24 February
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