Sterling holds at five month low after wage data

LONDON (Reuters) – The pound stayed at a five month low versus the dollar on Tuesday, extending declines slightly after data showed British wages excluding bonuses grew by 6.0% in the three months to the end of February year on year.

It was last down 0.16% against the dollar at $1.2450, and a fraction weaker against the euro at 85.42 pence per euro.

(Reporting by Alun John, editing by Anna Pruchnicka)

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