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The crisis is over for the British pound, but analysts see further weakness ahead

Por: CNBC Business November 03, 2022

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Traders in London.DANIEL LEAL-OLIVAS AFP Getty ImagesLONDON — The is on firmer footing since the appointment of , but Wall Street still sees further vulnerability over the next 12 months.After falling to a on Sep. 25 following the disastrous fiscal policy announcements that would eventually lead to the resignation of former Prime Minister Liz Truss, sterling had recovered to around $1.139 by Thursday morning, but remains down over 15%... + full article



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