November 20, 2024 – Written by John Cameron
STORY LINK Flaring Russia-Ukraine Tensions Spark Pound US Dollar Exchange Rate Losses
The Pound US Dollar (GBP/USD) exchange rate weakened on Tuesday as worries about the Russia-Ukraine war sparked widespread risk aversion.
The Pound (GBP) dropped on Tuesday as mounting tensions in the Russia-Ukraine conflict weighed heavily on the UK currency.
Over the weekend, outgoing US President Joe Biden approved the use of US weapons for Ukrainian strikes on Russian…
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