Previous close | 7.2305 |
Open | 7.2305 |
Bid | 7.2497 |
Day's range | 7.2298 - 7.2538 |
52-week range | 7.0275 - 7.3510 |
Ask | 7.2507 |
Pound strengthened against the dollar after the President endorsed Vice President Kamala Harris to take on Donald Trump in November.
A sustained period of higher interest rates will present a challenge for many borrowers worldwide, as economies adapt to a new era of comparatively tight monetary policy amid a recovery in growth and enduring inflation.
Following widespread surges in global stock markets throughout 2023, reaching record highs in some countries, the year 2024 is anticipated to be historically significant due to a multitude of elections.