Buy GBPINR; target of : 93.90 : ICICI Direct

Currencies

ICICI Direct, The British pound slipped on Monday amid weaker than expected economic data from Britain.

October 25, 2022 / 09:26 AM IST

Representative image

Representative image

ICICI Direct’s currency report on GBPINR

The British pound slipped on Monday amid weaker than expected economic data from Britain. UK services PMI fell to 47.5 in October 2022, well below expectations of 49 and marking the first contraction in the British service sector activity since February 2021.

For all Currency report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

25102022 – currency

`); } if (res.stay_updated) { $ (“.stay-updated-ajax”).html(res.stay_updated); } } catch (error) { console.log(‘Error in video’, error); } } }) }, 8000); })