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The Pound Sterling (GBP) falls vertically from fresh four-month high as investors hope that the Bank of England (BoE) may shift to a dovish monetary policy stance amid
The Pound Sterling (GBP) prints a fresh four-month high as investors hope that the Bank of England (BoE) will maintain a restrictive monetary policy stance for a longer period than other Group of Seven economies. The GBP/USD pair has continued its four-day winning streak as the market mood is quite cheerful due to early rate cut expectations from the Federal Reserve (Fed).
Foreign institutional investors net sold shares worth Rs 306.56 crore, while domestic institutional investors bought Rs 721.24 crore worth of stocks on November 22, provisional data from the National Stock Exchange showed.
The British Business Bank will set up a new fund for pension schemes and asset
managers to invest in growth companies, part of wider reforms to
unlock savers cash to boost the economy, the UK.