Pound US dollar exchange rate: GBP/USD steady, UK average earnings hit 11-year high

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The pound US dollar exchange rate steadied at around $ 1.236 today after July’s UK average earnings hit an 11-year high, rising from 3.8 percent to 4 percent. Today also saw July’s UK ILO unemployment rate ease from 3.9 percent to 3.8 percent – its lowest in 45 years.
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