Economic news

Review: Pound rises to 11-month highs

The pound jumped to a 11-month peak on Wednesday, as UK manufacturing activity rose in July.

Sterling edged up to $1.3245 against the dollar after the UK manufacturing purchasing managers' index climbed to 55.1 last month.

Against the European single currency, the pound was steady at 89.41 pence.

To leave a comment you must or Join us

  • avatar-8120
    • #

    I think pound will continue to rise tomorrow as rate hike is unlikely

More news

Back to economic news list

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree