ICICI Direct, The pound rebounded by about 1.80% yesterday after the Bank of England (BoE) said it would step in to calm the turbulence in the UK government bond market.
September 29, 2022 / 09:40 AM IST
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ICICI Direct’s currency report on GBPINR
The pound rebounded by about 1.80% yesterday after the Bank of England (BoE) said it would step in to calm the turbulence in the UK government bond market. However, further upside was prevented after the International Monetary Fund (IMF) and ratings agency Moody’s reprimanded Britain over its new spending plans.
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29092022 – currency
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