Published On: Wed, Jan 8th, 2020

Pound US dollar exchange rate sinks as turmoil in Middle East boosts demand for greenback

The pound US dollar exchange rate eased today, with the pairing currently trading around $ 1.312 as demand for the “greenback” rose amid rising tensions in the Middle East. US-Iran relations have continued to sour after a Washington-ordered airstrike resulted in the death of the Iranian General Qasem Soleimani.
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