Pound Australian Dollar Exchange Rate Rises as UK Covid-19 Infections Continue to Fall


Source: torfx.com torfx.com

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GBP/AUD Exchange Rate Edges Higher, Number 10 Remains Cautious About UK Covid-19 Developments The Pound Australian Dollar exchange rate rose today despite Number 10’s resistance about the fall in Covid-19 cases, which it declared ‘encouraging’ but that the data has not yet reflected the effects of the unlocking of coronavirus restrictions on 19 July. The pairing is currently fluctuating around AU$1.87. Sterling failed to benefit significantly from daily infections falling to their lowest level in three weeks at 24,950. A spokesperson for Prime Minister Boris Johnson said that the UK was ‘not out of the woods yet’ adding that the...