Money and business

The price of the British pound against the dollar and the euro today, Monday


Register today rose against
By the time the London markets closed, the pound reached (1.3409) US dollars, an increase of (0.63%).

While it increased against the European currency at (1.1512) euros, by (0.45%).

British economy

On the other hand, the International Monetary Fund raised its forecast for the growth of the British economy during the current year 2026 to 1.0%, compared to previous estimates of 0.8% last month. The past.

At the same time, he explained that the war in the Middle East is casting a shadow on the British economy, indicating that the new estimates still reflect a slowdown compared to the growth rate recorded in 2025.

Monetary policy in Britain

He pointed out that the rise in energy prices may push inflation to rise temporarily, and may delay the return of inflation to the Bank of England’s target by about an additional year.

He indicated that monetary policy in Britain must remain Tight enough, indicating that the Bank of England may keep interest rates unchanged until the end of the year.

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