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UK: Coronavirus reproduction “R” number declines below 1

FX Street
Updated:

Following a three-week national lockdown in England, the reproduction “R” number is estimated to be between 0.9 and 1, UK Government Office for Science said on Friday, as reported by Reuters.

The number of new confirmed COVID-19 infections is currently contracting by between 0% and 2% daily after increasing by between 0% and 2% last week, government scientists further noted. 

Market reaction

The UK’s FTSE 100 ındex showed no immediate reaction to this development and was last seen losing 0.37% on the day at 6,339.

FX Street

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