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Citi says sterling-dollar parity is possible as UK risks currency crisis

Por: CNBC Business September 23, 2022

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A trader, center, wears a Citigroup jacket while working on the floor of the New York Stock Exchange.Michael Nagle Bloomberg Getty ImagesLONDON — The U.K. risks a currency crisis that could see reach parity with , according to analysts at Citi.The U.K. government announced the most in decades Friday morning, as Finance Minister Kwasi Kwarteng said the Treasury was targeting a 2.5% trend in growth. British economic growth has been sluggish in... + full article



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