British pound rises 0.8 percent vs dollar in early Asian trade


TOKYO Oct 12 The British pound jumped 0.8
percent to $1.2210 in early Asian trading on Wednesday,
bouncing back from a low below $1.20 touched in late U.S. trade
the previous day.

Some market players suspect sterling benefited from a report
by Bloomberg that British Prime Minister Theresa May has
accepted that Parliament should be allowed to vote on her plan
for taking Britain out of the European Union.

(Reporting by Hideyuki Sano and Wayne Cole; Editing by Chris
Reese)




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