P508ORACLE 508 Mon 6 Jan C4 1712:04   THE      Mon 15.00    £ Index 77.9 (-0.1) Fri close 78.0 £1 = $1.4415 (+28 points) £1 = $1.4387 Sterling reverses earlier falls as the exchanges react to signs of a further upturn in UK interest rates. The pound, having fallen to just above $1.43 following a big sale of the currency at the out1et, climbed as high as $1.44 at one stage. This was in response to indicatigns from the money markets that the next move in UK rates could be up rather than the long-expected fall.  City headlines 500 BARGAIN TRAVEL BRITISH RAIL *** 125