Sterling sits near one-month lows ahead of Bank of England meeting

9

hat Sterling pound near its lowest level in four weeks in front of dollar The US central bank on Tuesday, as investors assess the direction the Bank of England may take at its next monetary policy committee meeting, while sentiment remains negative amid the debt problems of Chinese real estate giant Evergrande.

 

The sterling gave up all the gains it recorded earlier in the session, to trade at the end of trading, stable at 1.3660 dollars, but slightly higher from 1.3640 dollars, which it recorded in the previous session, which is its weakest level since August 23.

و .مام European currency Sterling settled at 85.83 pence per euro, but is still hovering around its lowest level in two weeks.

Source: Reuters

The Sterling article sits near its lowest level in a month before the Bank of England meeting was written in the Stock Exchange newspaper.