ICICI Direct, The British pound surged almost 2% to a one-week high after reports of a possible U-turn by the UK government on its fiscal plans.
October 14, 2022 / 09:44 AM IST
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ICICI Direct’s currency report on GBPINR
The British pound surged almost 2% to a one-week high after reports of a possible U-turn by the UK government on its fiscal plans. However, further upside was restricted after a survey showed sentiment in the UK financial sector was falling at the fastest pace since 2019 in the third quarter of this year. .
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14102022 – currency
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