Sterling inches up but still near one-month lows LONDON: The British pound edged up on Thursday, but remained close to this week’s one-month lows against the dollar,... Published 08 Aug, 2024 02:54pm
Markets Sterling dented by one-two punch from dollar and euro LONDON: The pound neared its lowest in almost two months against a robust dollar on Tuesday, as the US currency got... Published 02 Jul, 2024 02:18pm
Markets Sterling steady ahead of BoE decision; dollar wobbles against yen SINGAPORE: The British pound held broadly steady on Thursday ahead of a rate decision from the Bank of England (BoE)... Published 20 Jun, 2024 09:54am
Business & Finance Indian rupee ends flat MUMBAI: The Indian rupee ended little changed on Wednesday as a slight recovery in the greenback offset the positive... Published 21 Dec, 2023 03:54am
Markets Sterling weakens as soft data supports BoE rate view LONDON: The British pound extended the previous day’s losses on Wednesday after gloomy economic data affirmed the... Published 25 Oct, 2023 03:25pm
Business & Finance Sterling edges back from 10-month peak LONDON: The British pound edged lower on Friday but remained close to a 10-month high against the dollar, supported... Published 15 Apr, 2023 06:19am
Markets Sterling rises for first day in five as dollar ebbs LONDON: The British pound rose for the first day in five against a softening dollar on Tuesday as risk-sentiment... Published 11 Apr, 2023 03:25pm
Markets Sterling hits 4-month low versus euro ahead of expected BoE, ECB hikes LONDON: The British pound slipped on Thursday to its lowest level against the euro since September as investors... Published 02 Feb, 2023 03:23pm
Markets Sterling edges up against euro and dollar, set for third straight weekly drop LONDON: The British pound edged up against the U.S. dollar and euro on Friday in thin trading conditions, but was... Published 23 Dec, 2022 03:44pm
Markets Sterling choppy as BoE sends mixed messages LONDON: The British pound edged higher on Wednesday after the Bank of England affirmed its commitment to end its... Published 12 Oct, 2022 01:26pm
Markets Pound rebounds after record dollar low LONDON: The British pound rebounded Tuesday after sinking to a record low against the dollar on concerns a UK... Published 27 Sep, 2022 12:48pm
Business & Finance Sterling hits all-time low versus dollar, gets BoE’s attention NEW YORK: The British pound hit an all-time low against the dollar on Monday amid investor concerns that Britain’s... Published 27 Sep, 2022 04:06am
Business & Finance Indian rupee plumbs fresh low MUMBAI: The Indian rupee marked its record low close for a fourth straight session on Monday as the British ... Published 27 Sep, 2022 04:06am
Markets Spread in rates between inter-bank, open markets narrows as 'speculation ends' IMF programme revival results in massive gain for rupee in open market Published 30 Aug, 2022 07:52pm
Business & Finance Pound falls to lowest since March LONDON: The British pound fell to its lowest level since March 2020 on Monday as mounting concern about the economic... Published 30 Aug, 2022 06:21am
Business & Finance Sterling set for weekly loss LONDON: The British pound fell on Friday, on track for a weekly loss after a hawkish speech by US Federal Reserve... Published 29 Aug, 2022 05:44am
Business & Finance Sterling struggles as inflation outlook sours mood LONDON: The British pound weakened against the dollar on Thursday after policy minutes from the Federal Reserve... Published 19 Aug, 2022 05:57am
Business & Finance Dollar slips as before US jobs data as markets digest Fed Hawkishness NEW YORK: The dollar eased against most major currencies on Thursday as support from the Federal Reserve’s hawkish... Published 05 Aug, 2022 06:27am
Business & Finance Sterling falls against dollar LONDON: The British pound slipped against a broadly stronger dollar on Wednesday, with investor focus set to turn to... Published 04 Aug, 2022 05:43am
Markets Sterling holds near day’s high after Johnson quits as PM LONDON: The British pound was unmoved and held near the day’s highs versus the dollar on Thursday while UK stocks... Published 07 Jul, 2022 04:55pm
Markets Pound inches up as traders look to next BoE signals The British pound rose against the dollar on Monday, pulling away from two-week lows, as investors anticipate more... Published 04 Jul, 2022 02:25pm
Markets Pound rises despite record current account shortfall The British pound rose against the dollar and euro on Thursday as investors shrugged off official data revealing a... Published 30 Jun, 2022 02:22pm
Markets Sterling retreats as UK inflation hits new 40-year high LONDON: The British pound pulled back on Wednesday after data showed UK consumer inflation hit a new 40-year high,... Published 22 Jun, 2022 01:56pm
Opinion Emergence of new global currency As the sun was settling down on the British Empire, the US was flexing its economic and arsenal might to get crowned... Updated 17 Jun, 2022 03:45pm
Business & Finance Swiss franc soars vs dollar, euro NEW YORK: The Swiss franc soared against the dollar and the euro on Thursday after the Swiss National Bank delivered... Published 17 Jun, 2022 06:37am
Markets Toxic cocktail darkens outlook for British pound LONDON: A toxic cocktail of sluggish growth and high inflation, plus Brexit and fallout from the coronavirus... Published 10 Jun, 2022 10:33am
Markets Pound up vs weaker dollar as Johnson faces confidence vote LONDON: The British pound rose on Monday against a broadly weaker dollar, hours before Prime Minister Boris Johnson... Published 06 Jun, 2022 02:47pm
Business & Finance Pound extends fall LONDON: The British pound fell against the US dollar on Tuesday, wrapping up five months of straight losses for the... Published 01 Jun, 2022 05:53am
Markets Sterling rangebound near one-month high LONDON: The British pound edged higher against a faltering U.S. dollar on Monday and was set for its first monthly... Updated 30 May, 2022 07:34pm
Opinion Emerging superpower and its bloc of nations! During the Second World War, the US played a very pivotal role in its victory by financing the war efforts of many... Published 25 May, 2022 04:40am