British pound is taking on 'emerging market' characteristics, Bank of America says - CNBC
5/31/2022 12:00:00 AM2 years 11 months ago
by Elliot Smith
by Elliot Smith
Sterling is in danger of becoming an "emerging market" currency as falling growth and growing risks cause investors to flee the pound, according to Bank of America.
A trader pauses while monitoring financial data on computer screens at ETX Capital, a broker of contracts-for-difference, in London, U.K. on Friday, Oct. 7, 2016. LONDON Sterling is in danger of bec… [+4903 chars]
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