Sterling hits 3-year high as vaccinations fuel hopes for end of lockdown

The currency has been a key gainer against a struggling greenback this month as the aggressive rollout of the Covid-19 vaccination programme in the UK raised hopes that its economy will recover

The British pound climbed above $1.39 on Monday for the first time in nearly three years, lifted by broad-based dollar weakness as well as by hopes for the end of a third national lockdown.
 

The currency has been a key gainer against a struggling greenback this month as the aggressive rollout of the Covid-19 vaccination programme in the United Kingdom raised hopes that its economy will be able to recover more swiftly than its European peers.
 

British Prime Minister Boris Johnson will judge this week how fast England can exit its Covid-19 lockdown after vaccinating 15 million of its most