March 27, 2023 – Written by John Cameron
STORY LINK Pound Australian Dollar Exchange Rate News: GBP/AUD Climbed as Banking Sector Fears Grow
Pound (GBP) Limited by Ongoing Economic Outlook Fears
The Pound (GBP) found moderate success against its weaker peers on Monday amid a lack of economic data. Comments from the head of the International Monetary Fund (IMF) have rocked market sentiment amid the global banking crisis.
After the collapses of several banks, markets turned cautious over the impact of surging interest rates are having on the financial sector. IMF head Kristalina Georgieva has issued a warning for the stability of the world…
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