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Sterling nears one-month low as investors bet on BoE rate cuts - REUTERS

FEBRUARY 20, 2026

LONDON, Feb 20 (Reuters) - The British pound hovered around its lowest in a month against the dollar on Friday, and was headed for its biggest weekly decline since January 2025, as investors weighed mixed economic data and added to bets on Bank of England interest rate cuts.

Sterling was last little changed at $1.3468, near Thursday's one-month low at $1.3435. For the week, the currency was headed for an around 1.3% decline.

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