P508ORACLE 508 Mon 2 Dec C4 1703:43   THE      Mon 16.00    £ Index 81.4 (+0.1) Fri close 81.3 £1 = $1.4885 (+5 points) £1 = $1.4880 The dollar staged a good recovery after earlier dropping through two key resistance levels. Sterling reached $1.5010 at one stage as operators continued to switch money into the pound to take advantage of the high UK interest rates. On the Continent, the pound also firmeb against the mark but the US currency fell through the DM2.50 level to reach a two-and-a-half year low of DM2.4990.  City headlines 500 Updated exchange rates from ESM 596