Pound sterling operates stable and around R$ 6.41 after Boris Johnson’s resignation

THE pound sterling the currency of the United Kingdom, operates stable against the real this Thursday (7), despite the appreciation against the dollar and the euro after Prime Minister Boris Johnson resign .

Around 18:50, the pound fell 0.02%, quoted at R$ 6.416. The British currency remains at levels higher than at the beginning of the year, when the real there was a movement of appreciation with the entry of foreign investments. In the year, the lowest price was R$ 6.03, recorded on April 21.

Throughout the day, the pound operated in the negative field, while the real appreciated against the euro and the dollar favored by an inflow of foreign investment following a reduction in global risk aversion following the release of the Federal Reserve Minutes considered smoother than expected.

The market reacted positively to Boris Johnson’s resignation, which took place after a series of scandals and collective waiver of more than 50 government members . Johnson said he intends to stay in office until the fall in the Northern Hemisphere, when a new leader of his party will be chosen to succeed him.

The FTSE 100, the main index of the London Stock Exchange, ended on a high for this session .

The resignation also comes as the world’s fifth-largest economy grapples with a series of economic problems tied to a record level of inflation . The pound sterling came close to a two-year low against the dollar.

The Bank of England started a process of raising interest rates to contain inflationary pressures, but without harming economic activity. Currently, inflation in the country is 9.1%, the highest value in 40 years, but the central bank’s projection is that it will reach 11%.

Source: CNN Brasil

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