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Sterling enjoyed some respite Tuesday after British economic growth showed no change in the fourth quarter in spite of market expectations of a fall, but the currency remained around its lowest levels for this year amid uncertainty over Britain’s future trade relationship with the European Union.

Preliminary data for the fourth-quarter gross domestic product showed the economy rose 1.1% year-on-year, the same as in the previous quarter. Economists polled by Reuters had forecast an 0.8% increase.

https://www.devdiscourse.com/article/business/870105-update-1-sterling-bounces-following-economic-growth-data 

Skills

Posted on

February 12, 2020