Buy GBPINR; target of : 93.30: ICICI Direct

Currencies

ICICI Direct, The pound appreciated by almost 1.00% on Monday amid a weak US dollar index and strong GDP data from the UK.

September 13, 2022 / 08:55 AM IST

Representative image

Representative image

ICICI Direct’s currency report on GBPINR

The pound appreciated by almost 1.00% on Monday amid a weak US dollar index and strong GDP data from the UK. The British economy expanded 0.2% in July from June 2022, rebounding from a 0.6% fall in the previous month. Services was the main driver of the expansion, namely information and communication.

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13092022 – currency

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