Sterling falls close to 11-month low, amid fears of Omicron


Madar News, published in 2021/11/29 at 9:55 pm

Madar News /

The British pound fell on Monday, approaching an 11-month low, as investors weighed the implications of the discovery of the new coronavirus, “Omicron”, on the outlook for the British economy.

Sterling fell 0.31 percent against the US dollar to $1.3299 by 16:04 GMT, not far from its lowest level since December 2020 of $1.3278.

Against the European currency, the British currency fell 0.12 percent to 84.72 pence per euro.

Source: “Reuters”





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