At 1320 GMT the pound was up 1.2 per cent to $1.1411, and up 0.7 per cent against the euro to 87.64 pence.
LONDON: The pound rose more than one per cent against the dollar on Tuesday after Rishi Sunak took office as Britain's Prime Minister.
At 1320 GMT the pound was up 1.2 per cent to $1.1411, and up 0.7 per cent against the euro to 87.64 pence.