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Sterling passes another landmark

Sterling burst through its September 1992 high to a 26-year peak of $2.0133 yesterday and New York's Dow Jones Industrial Average recorded a fresh all-time high.

Sterling burst through its September 1992 high to a 26-year peak of $2.0133 yesterday and New York's Dow Jones Industrial Average recorded a fresh all-time high, in another day of drama in global financial markets.