ICICI Direct, The pound dropped more than 0.40% amid weak retail sales data from Britain.
September 19, 2022 / 09:54 AM IST
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ICICI Direct’s currency report on GBPINR
The pound dropped more than 0.40% amid weak retail sales data from Britain. Retail sales in the UK sank 1.6% MoM in August 2022, the biggest decline so far this year and following a 0.4% rise in July. Figures came much worse than market forecasts of a 0.5% drop.
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19092022 – currency
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