Pound USD: Exchange rate declines as production slows and trade deficit grows



The pound to US dollar exchange rate got off to a shaky start today, with Sterling falling around a quarter of a per cent in the pairing on a string of poor UK data releases. Whilst the GBP/USD rate remains above the low of $1.322 seen in late May, the current exchange rate of $1.336 is still relatively poor compared to April’s high of $1.434.
Pound USD: Exchange rate declines as production slows and trade deficit grows Pound USD: Exchange rate declines as production slows and trade deficit grows Reviewed by Melbal Business News And Directory on 11 June Rating: 5

No comments:

Trending News


About Business News And Directory

A Business news and business directory site offers access to the latest business news. It's also a business article directory publishing useful quality business articles.

Business news and business directory provides it's readers with the latest business news, articles and opinions on a wide variety of business and finance areas as well as politics. Learn more here »



Swissgolden United Kingdom Swissgolden Marketing Program
Powered by Blogger.