April 11, 2023 – Written by John Cameron
Leave a comment Pound (GBP) Bolstered by Strengthening Retail Sector
The Pound (GBP) found renewed strength against most of its peers on Tuesday morning in the wake of stronger-than-expected retail sales figures. The British Retail Consortium (BRC) published the latest retail sales monitor data, showing that sales climbed by 4.9% YoY compared to March of last year.
The improvement matched February’s increase and surpassed market expectations as Mother’s Day purchases boosted sales despite the cost-of-living…
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