Pound US dollar exchange rate sinks as turmoil in Middle East boosts demand for greenback

The pound US dollar exchange rate eased today, with the pairing currently trading around $ 1.312 as demand for the “greenback” rose amid rising tensions in the Middle East. US-Iran relations have continued to sour after a Washington-ordered airstrike resulted in the death of the Iranian General Qasem Soleimani.
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