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Find all the economic and financial information on our Orishas Direct application to download on Play StoreOn Monday, the pound sterling recorded an increase. It is approaching its multi-monthly highs against the euro and the dollar, a day before the release of important wage data that will guide the Bank of England's future monetary policy plans
.The pound rose 0.46% against the dollar to $1,2505, its highest level in a year, at $1.2679 last week, before falling sharply. It also strengthened against the euro, with one euro worth 86.97 pence, a fall of 0.2% over the day. Last week, the pound hit 86.62 pence per euro, its highest level against the euro since
2023.
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