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Cryptopolitan 2023-09-13 11:32:19

UK economy contracts more than expected, pound falls

The UK’s economy shrank more than anticipated in July, indicating a slowdown in activity amid tightening measures by the Bank of England (BoE). In response, the pound saw a 0.4% decline against the dollar, reaching $1.2449. Additionally, the euro gained 0.2% against the pound, approaching its highest level in a month at 86.27 pence. The ... Read more

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