Sterling climbs above $1.39 for first time since 2018

article author: 
Author: 
Tue, 2021-02-16 01:09

LONDON: The British pound climbed above $1.39 on Monday for the first time in nearly three years, lifted by broad-based dollar weakness as well as by hopes for the end of a third national lockdown.

The currency has been a key gainer against a struggling greenback this month as the aggressive rollout of the COVID-19 vaccination program in the UK raised hopes that its economy will be able to recover more swiftly than its European peers.

Main category: 
Tags: 


from ArabNews https://ift.tt/3qvpt5G
via Latest News of Dubai

Post a Comment

0 Comments