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Tag: pound

Sterling edges back from 10-month peak

The British pound edged lower on Friday but remained close to a 10-month high against the dollar, supported by improving appetite for risk ahead...

Pound Sterling edges up against weakening dollar

Pound Sterling edged higher against a weakening dollar on Friday after British economic data came in stronger than expected. According to official data, Britain's economy...

Pound plunge means even higher prices for UK consumers

British consumers are likely to face a further hike in prices of clothing and homewares following the pound's plunge against the dollar, consultants McKinsey...

Pound Sterling: A history of UK currency crises and crashes

Britain's pound plunged to an all-time low early on Monday as international investors reacted to plans laid out by the country's new prime minister...

US dollar, euro, pound shed value against rupee during week

KARACHI: The Pakistani rupee recovered from a declining trend against United States (US) dollar, pound, euro and other foreign currencies in the interbank and...

Pound hits more than 5-month lows as UK COVID-19 cases surge

LONDON: Britain's pound hit a five-month low against the dollar and traded close to a five-week low against the euro on Tuesday, as broad...

New COVID-19 strain hits pound, euro as investors seek dollars

The British pound and the euro fell on Monday as investors sought refuge in the dollar, after a fast-spreading new coronavirus strain shut down much of the United Kingdom

Coronavirus outbreak: Pound dives to weakest since 1985

Sterling has also suffered due to heightened global demand for the greenback, with a gauge of dollar strength up for a seventh session.

Brexit ‘no matter what’, PM Johnson promises as sterling falls

Johnson was expected to tell Welsh farmers on Tuesday they will get a better deal after Brexit

Stocks around the world in green ahead of no-confidence vote against May

Strong earnings from Bank of America and Goldman Sachs as well as a multibillion-dollar deal in the fintech sector kept stocks in positive territory.

Pound jumps as BBC forecasts May to win vote

LONDON: The British pound jumped Wednesday after the BBC reported that a majority of Conservative Party lawmakers were set to back Prime Minister Theresa...

France overtakes Britain as world’s 5th largest economy

PARIS/LONDON: France and Britain were vying for fifth place on the list of the world's biggest economies on Wednesday, with France nudging ahead after a renewed slump in the pound in the wake of the Brexit vote, Reuters calculations showed.

Pound edges up after hitting 31-year low

TOKYO, JAPAN: The pound rose in Asia Tuesday after hitting a new 31-year low in New York on worries about the effects of Britain's exit from the European Union, but analysts warned it could face fresh selling as the crisis develops.

Pound, Asia markets collapse as Britain quits EU

LONDON: The pound collapsed to a 31-year low and currency, equity and oil markets went into freefall Friday as projections showed Britain has voted to leave the European Union.

Pound sinks as ‘leave’ vote rises in Brexit polls

LONDON: The pound sank against the dollar and euro Tuesday after fresh polls showed British voters more in favor of quitting the European Union.

Air strikes pound Syria’s Aleppo, ‘calm’ farther southwest

BEIRUT: Nearly 30 air strikes hit rebel-held areas of Syria's northern city of Aleppo on Saturday, killing more people in a ninth straight day of bombardments by warring sides, and a temporary "calm" declared by Syrian military took hold around Damascus and in the northwest.

Coalition planes pound ISIS in Iraq’s Ramadi to aid attack, TV says

BAGHDAD: Coalition air forces pounded positions held by Islamic State in Ramadi on Thursday, Iraqi military statements said, in support of government troops seeking to retake the western Iraqi city and push on to drive the militants from key population centers.

Arab air strikes pound Yemen amid reports of progress toward talks

SANAA: Political sources on Monday reported progress in efforts to convene a dialogue among Yemen's warring factions as warplanes from a Saudi-led coalition carried out air strikes on Monday against Yemen's Houthi group across the country.

Saudis pound arms depots in Yemen, Houthis block aid

ADEN: Saudi-led aircraft pounded Iran-allied Houthi militiamen and rebel army units in central Yemen and the capital Sanaa on Monday, residents said, reporting that food and medical supplies were running low.

Warplanes hit Houthi base in central Yemen, students reported killed

SANAA: Warplanes from a Saudi-led air coalition on Tuesday bombed a military base in central Yemen controlled by Houthi fighters and their army allies, and a website of the Houthi-run defense ministry said two students were killed at a neighboring school.
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