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Plunging pound pauses as investors await policy response

* Sterling and risk-sensitive currencies bounce in Asia * Traders eye BOE economist talk at 1100 GMT By Tom Westbrook SYDNEY, Sept 27 (Reuters) - Sterling steadied on Tuesday, but was perched above its record low only thanks to soaring yields on British debt and the hope of a response from policymakers or politicians, with its gyrations unnerving markets to the benefit of the dollar.
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Sterling hits all-time low versus broadly stronger dollar

By John McCrank NEW YORK, Sept 26 (Reuters) - The British pound dropped to an all-time low against the dollar on Monday as investors worried Britain's new economic plan will hurt the country's finances, while the Bank of England said it was watching financial markets "very closely" following sharp moves in asset prices. The dollar, helped by sterling's decline and a fresh 20-year low for the euro, hit a two-decade high against a basket of six peer currencies.
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Sterling hits all-time low versus dollar, gets BoE's attention

By John McCrank NEW YORK, Sept 26 (Reuters) - The British pound hit an all-time low against the dollar on Monday amid investor concerns that Britain's new economic plan will pummel UK finances, while the Bank of England said it was watching financial markets "very closely" following sharp moves in asset prices. The dollar, helped by sterling's decline and a fresh 20-year low for the euro, hit a two-decade high against a basket of six peer currencies.
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Bank of England says it "will not hesitate" to raise rates

By David Milliken and Muvija M LONDON, Sept 26 (Reuters) - Bank of England Governor Andrew Bailey said on Monday that the BoE "will not hesitate" to raise interest rates if needed to meet its 2% inflation target, and that it was watching financial markets "very closely" following sharp moves in asset prices. Sterling fell to a record low against the U.S.
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Sterling climbs from all-time low versus dollar, BoE in focus

By John McCrank NEW YORK, Sept 26 (Reuters) - The British pound sank to an all-time low against the dollar on Monday before recovering, as traders waited to see if the Bank of England would intervene to ease concerns that Britain's new economic plan will stretch the country's finances to the limit. The dollar, helped by sterling's decline and a fresh 20-year low for the euro, hit a two-decade high against a basket of six peer currencies.
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