Sterling falls broadly

Posted by 7Star Friday, January 22, 2010

Sterling fell broadly on Thursday, hitting a one-week low against the dollar on concerns about UK fiscal health and very weak UK money supply data. Although British public sector borrowing was slightly less than expected in December, it still hit record highs for the month and the financial year to date, highlighting the UK's poor fiscal health.

0 comments

Post a Comment

Labels

Followers

Archive

BlogCatalog