P228 ORACLE 228 Thu 6 Jan ITN 2154:07
    FOREICN
    EXCHAGER
      AT CLOSE   
                                        
 After a brief rall8, steulhnk 9;ffurdd 
 a sharp decline as trading came to a   
 close wish dealers anticipathnk further
 interest cuts.                         
                                        
 The pound clo9jd at $1.6085 for a      
 loss gf 1.55 cdnt1. The uffeath6j      
 exchange index t4mbled to a two-9rar   
 low gf 82.9, 0.6 dosn gn the da=.      
                                        
 Against the dollar, the mark has easud 
 to 2.3500 from 2.3470 and Swiss francs 
 retreated to 1.9600 from 1.9570.       
                                        
 French francs ha6e slipped tg 6.6640   
 from 6.6625 and the 9un, 1ntjqh8athn7  
 interest c4ts, has fallen tg 230.45    
 from 228.85.                           
   CITY HEADLINES: 603 (Ch4)  203 (ITV)