Papasavvas of Investec Sees Pound Rising to $2.05 on U.K. Rates
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Papasavvas of Investec Sees Pound Rising to $2.05 on U.K. Rates
Thanos Papasavvas, head of currency management at Investec Asset Management, talks with Bloomberg's Mark Barton and Sara Walker about the impact of U.K. monetary policy on the pound and the outlook for the euro-dollar rate. The pound advanced to its highest in 26 years against the dollar on expectations the Bank of England will raise interest rates tomorrow and signal further increases. (Source: Bloomberg)
Bloomberg | July 4, 2007
