ICICI Direct, The British pound edged lower by almost 2.00% yesterday after the Bank of England said borrowing costs were likely to go up less than markets expect and warned that the economy was heading for a longer recession even as it raised rates by the most in three decades.
November 04, 2022 / 09:24 AM IST
ICICI Direct’s currency report on USDINR
The British pound edged lower by almost 2.00% yesterday after the Bank of England said borrowing costs were likely to go up less than markets expect and warned that the economy was heading for a longer recession even as it raised rates by the most in three decades.
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.
04112022 – currency
`); } if (res.stay_updated) { $ (“.stay-updated-ajax”).html(res.stay_updated); } } catch (error) { console.log(‘Error in video’, error); } } }) }, 8000); })
