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Sell GBPINR; target of : 86.90 : ICICI Direct

ICICI Direct, The pound rebounded by about 1.80% yesterday after the Bank of England (BoE) said it would step in to calm the turbulence in the UK government bond market.

September 29, 2022 / 09:40 AM IST
Representative image

Representative image


ICICI Direct's currency report on GBPINR


The pound rebounded by about 1.80% yesterday after the Bank of England (BoE) said it would step in to calm the turbulence in the UK government bond market. However, further upside was prevented after the International Monetary Fund (IMF) and ratings agency Moody's reprimanded Britain over its new spending plans.


For all Currency report, click here


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29092022 - currency

first published: Sep 29, 2022 09:40 am