Pound Sterling Rate Today- January 2, 2024

LONDON: Pound Sterling (GBP) just had its best year against the dollar since 2017, yet a weakening economy and election uncertainty make a repeat performance unlikely.

It is not hard to see why investors flocked back to Britain’s currency after it hit a record low only 16 months ago: the economy did better than feared, sticky inflation meant the Bank of England was set to wait longer than…

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News Source: arynews.tv