The British pound climbs and regains its strength today, Monday, October 24, 2022

The British pound climbs and regains its strength today, Monday, October 24, 2022

While Boris Johnson declared that he had withdrawn from the leadership race, the British pound was able to regain some of its previous strength.
The former Minister of Treasury was able to become Prime Minister as a result of Johnson’s decision to drop out of the battle to reclaim his old position.
The price of the pound sterling in Egyptian banks Abu Dhabi Islamic Bank: 22. 24 pounds for purchase, and 22. 48 for sale.
22. Bank of Egypt

There are 18 pounds for purchase and 22.46 pounds for sale.
National Bank of Egypt: 22.13 and 22.46 pounds are available for sale.
The Egyptian Gulf Bank: 22. 18 pounds for purchase, and 22. 49 for sale, according to currency rates today.
The British pound was traded at $ 1. 1343 early on Monday’s trading, higher than $ 1.

1203 when the shares were closed in London on Friday, and the data of the Industrial and Service Procurement Managers Index in Britain was issued to receive shadows on the violent crisis in the country recently on the impact of the crisis Politics and the departure of Liz Trus.
The indices experienced substantial falls to support expectations that the British economy would enter a tunnel of contraction and stagnation, while the service managers index dropped to a record low of 47.

5 following his 50-point performance last month.

Today, Monday, October 24, 2022, the British pound strengthens and gains ground.

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