Dollar Drops 2 Cents To Sterling Amid Hawkish Remarks From BoE`s Besley [GPB/USD]
4/22/2008 9:15:45 AM The dollar fell sharply versus the sterling Tuesday morning in New York after Bank of England voting member Tim Besley told the UK-Canada Chamber of Commerce that the central bank`s plan to thaw frozen credit markets will give policymakers the opportunity to address inflation. The dollar fell to 1.9950 by 9 am ET, down 2 cents from its early highs.

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