GDP sends sterling plummeting
28 July, 2011
CurrencyIndex
This morning’s GDP data has shown a contraction of 0.4% in the economy for Q3, dashing hopes that there would be some growth to technically end the recession.
Disappointing data – and the markets have reacted badly, with sterling dropping around 1.5c against both the Euro and US Dollar.
Contact Currency Index for the latest commercial rates.
Archive
- 2020 (59)
- 2019 (190)
- 2018 (229)
- 2017 (253)
- 2016 (254)
- 2015 (253)
- 2014 (252)
- 2013 (287)
- 2012 (270)
- 2011 (576)
New Articles
- Brexit deal to be done, or going, going, gone? 25 November, 2020
- Sterling starts the week down from the highs of last week 16 November, 2020
- Votes are in – albeit still being counted, will Donald trump Joe? 4 November, 2020
Categories
- No categories