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Pound and U.S. dollar banknotes are seen in this illustration taken January 6, 2020. Dado Ruvic/Illustration
Pound and U.S. dollar banknotes are seen in this illustration taken January 6, 2020. Dado Ruvic/Illustration
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Sterling edges up after faster-than-forecast wage growth

February 13th, 2024 | 07:14 AM MARKETS Currencies 1

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By Reuters

The pound edged higher on Tuesday after British wages excluding bonuses grew by more than forecast in the final three months of 2023 and the unemployment rate dropped to 3.8%.

The pound was last up 0.1% against the dollar at $1.2640, having briefly risen to its highest since Feb. 2.

Sterling was also trading at 85.25 pence per euro, up around 0.1%.

  • Topic
  • BRITAIN
  • ECONOMY/STERLING (URGENT)
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