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LONDON, July 1 Sterling fell to a three-year low against a basket of currencies on Friday, dragged down by expectations that the Bank of England is likely to ease policy in coming months to cushion the economy from the impact of Britain's vote to leave the European Union.
NEW YORK, July 1 The U.S. dollar tumbled against the safe-haven yen on Friday as a plunge in benchmark U.S. Treasury yields reduced the attractiveness of U.S. debt and traders expected dovish Federal Reserve policy through this year, while sterling dipped.
July 1 Currency speculators reduced their net short position against the British pound in the week after the United Kingdom voted to exit the European Union, according to Reuters estimates and data from the Commodity Futures Trading Commission released on Friday.
BAKU, July 1 Azerbaijan's foreign currency reserves stood at $4.284 billion as of July 1, unchanged from a month earlier, the central bank said on Friday. (Writing by Margarita Antidze; Editing by Dmitry Solovyov)