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Sterling on course for strongest month since 2009

After a grim year, the British pound has quietly rallied back in the last month

Sterling on course for strongest month since 2009
Photo: iStockPhoto

After a grim year, the British pound has quietly rallied back in the last month – in fact, the currency is likely to record its strongest single month in seven years this November.

Sterling's trade weighted index, compiled by the Bank of England, has risen by more than 5% in the last 30 days. If it holds its rise for another week, November will be the most positive month for sterling since January 2009.

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