Sterling slips as budget brushed off

  • 2/5/2023
  • 12:15
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LONDON, Rabi'I 6, 1439, Nov 24, 2017, SPA -- Sterling edged down from a six-week high on Thursday, with traders largely brushing off cuts to Britain's economic growth forecasts announced in the previous day's budget statement and refocusing on Brexit negotiations, Reuters reported. Against a stronger euro, sterling was down a third of a percent at 89.02 pence. Sterling showed little reaction to data on Thursday showing the economy grew at 0.4 percent in the third quarter, as expected, with households increasing the pace of their spending. --SPA 00:17 LOCAL TIME 21:17 GMT www.spa.gov.sa/w545088

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