The British pound has put the volatility in U.K. financial markets during the former premiership of Liz Truss very far in the rearview window as the Bank of England readies another interest-rate hike.
The U.K. currency GBPUSD was holding above $1.26 on Wednesday, part of an impressive recovery since falling as low as $1.03 in the aftermath of the mini-budget last year from Liz Truss’s finance minister Kwasi Kwarteng.
In…
