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Pound US Dollar (GBP/USD) Exchange Rate Muted as UK Food Inflation Hits 18 Year High

March 28, 2023 – Written by John Cameron

Pound US Dollar (GBP/USD) Exchange Rate Muted as UK Food Inflation Hits 18 Year High

The Pound US Dollar (GBP/USD) exchange rate narrowed during Tuesday’s session, as soaring inflation kept Sterling’s appeal low.

At the time of writing, GBP/USD traded at around US$1.2312, showing little movement from Tuesday morning’s opening rates.

Pound (GBP) Muted as UK Food Inflation Hits 18 Year High

The Pound (GBP) endured muted traded during Tuesday’s morning session, following the news that…
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