March 7, 2024 – Written by Frank Davies
Leave a comment STORY LINK GBP/CAD Exchange Rate Posts 6-Month Highs on UK Budget Hopes
The Canadian dollar has been unable to make any headway in March amid concerns over the domestic economic outlook as higher interest rates bite.
The Pound has held firm in global markets on hopes for a UK recovery. In this context, the Pound to Canadian dollar (GBP/CAD) exchange rate has hit 6-month highs just below the 1.7300 level on Wednesday.
If there is a positive response to the UK budget with net gains in equities, there…
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