December 13, 2024 – Written by Frank Davies
STORY LINK Pound Sterling Drops Against Euro and Dollar Amid Second Month of Economic Contraction
The Pound Sterling fell against the Euro and US Dollar following the latest UK GDP data release on Friday.
The Pound to Dollar (GBP/USD) exchange rate dipped to 10-day lows at 1.2620 while the Pound to Euro (GBP/EUR) exchange rate retreated to 1.2065, well below 33-month highs of 1.2150 recorded earlier in the week.
