Jun 28, 2013
Flash: GBP/USD on the decline – Investec
The GBP/USD fell by almost a cent against the dollar and euro yesterday following a set of historical revisions to UK GDP data, which meant that UK output was revised to stand 3.9% below its pre-crisis peak, from just 2.6% below that level previously, notes Lee McDarby, Corporate Treasury at Investec.
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