LONDON/TOKYO—Data showing British inflation stayed above 10 percent in March meant the pound climbed against the dollar while other currencies dipped, with the greenback underpinned by a tick-up in U.S. yields.
Sterling was last 0.25 percent higher at $1.2454, heading back to last week’s 10-month high, after data showed British consumer price inflation eased by less than expected in March to 10.1 percent from February’s 10.4 percent.
