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AFP News Agency Profile picture
AFP News Agency
@AFP
Top news and features from AFP's reporters around the world. Official account.

Sep 28, 2022, 5 tweets

Britain on Wednesday defended its tax-slashing budget after the IMF argued it could increase inequality and worsen inflation, having already seen the pound hit a record low against the dollar ▶️ u.afp.com/io6K

#BREAKING Bank of England buys UK bonds over markets turmoil

#BREAKING British pound slumps 1.5% against dollar despite Bank of England bond-buying move

#UPDATE The British pound slumped 1.7 percent against the haven dollar on Wednesday, despite the Bank of England snapping up UK government bonds to try to bring calm to markets ▶️ u.afp.com/ioE3

#UPDATE The British pound rebounded Wednesday afternoon, rallying more than one percent against the dollar after the Bank of England snapped up UK government bonds to try to bring calm to markets.

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