British pound is beating 92% of global currencies on UK economic rebound

British pound is beating 92% of global currencies on UK economic rebound

The British pound is beating more than 90% of the world’s currencies this year on signs the nation’s economy is holding up better than expected, keeping interest rates higher for longer. Only 11 currencies — including those of Kenya, Zambia and Sri Lanka — have outperformed sterling in 2024, according to a universe of more … Read more