The British Finance Minister, Rishi Sunak, said Wednesday that his top priority is to protect as many jobs and businesses as possible through this global pandemic. coronavirus without precedents.
Commenting on public finances, Sunak said that “things would have been much worse.”
“The government will take the necessary measures to ensure the long-term health of public finances,” he added.
Market Reaction
The GBP/USD it continues to benefit from the persistent weakness of the US dollar in general, while investors continue to wait for a new US fiscal package.
The pound sterling It lost importance after the UK CPI data as it closed at 1.3000, adding 0.33% on the day.
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Credits: Forex Street
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