Trends - British pound - Business Recorder

British pound

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

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 23	278.69
USD PKR Interbank Buying / Dec 23	278.43
USD to Japanese Yen / Dec 23	157.10
USD to Swiss Franc / Dec 23	0.90
Pound Sterling to USD / Dec 23	1.25
Euro to USD / Dec 23	1.04

Stock	Volume
S&P 500 / Dec 23	5,974.07
India Sensex / Dec 23	78,540.17
Tokyo Nikkei / Dec 23	39,055.35
Nasdaq / Dec 23	19,764.89
Hang Seng / Dec 23	20,105.38
FTSE 100 / Dec 23	8,102.72
Dow Jones / Dec 23	42,906.95
Germany DAX 30 / Dec 23	19,848.77

Item	Value
Crude Oil USD/Barrel / Dec 23	69.60
Karachi Cotton PKR/37.32 KG / Dec 23	17,785
Gold 10 Grams PKR / Dec 23	241,087.80
Gold Spot USD/Ounce / Dec 23	2,617.29
Cotton US¢/pound / Dec 23	69.11
Petrol/Litre / Dec 24	252.10

Gainers
Losers
Leaders

Stock	Price
First Capital Equities / Dec 23 First Capital Equities Limited(FCEL)	6.15 ▲ 1.00 (19.42%)
Dewan Sugar / Dec 23 Dewan Sugar Mills Limited(DWSM)	6.60 ▲ 1.00 (17.86%)
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	6.83 ▲ 0.92 (15.57%)
Jahangir Sidd(Pref) / Dec 23 Jahangir Sidd(Pref)(JSCLPSA)	9.50 ▲ 0.95 (11.11%)
Chenab Ltd (Pref) / Dec 23 Chenab Limited (Pref)(CLCPS)	3.75 ▲ 0.36 (10.62%)
Dewan Farooque Sp. / Dec 23 Dewan Farooque Spinning Mills Limited(DFSM)	4.72 ▲ 0.45 (10.54%)
Trust Sec.& Brok. / Dec 23 Trust Securities & Brokerage Limited(TSBL)	10.55 ▲ 1.00 (10.47%)
Dawood Equities / Dec 23 Dawood Equities Limited(DEL)	10.63 ▲ 1.00 (10.38%)
HBL Invest Fund / Dec 23 HBL Investment Fund(HIFA)	4.15 ▲ 0.39 (10.37%)

Stock	Price
Sindh Abadgar / Dec 23 Sindh Abadgar's Sugar Mills Limited(SASML)	36.60 ▼ -4.07 (-10.01%)
Blue-Ex Ltd / Dec 23 Blue-Ex Limited (GEM)(GEMBLUEX)	40.87 ▼ -4.54 (-10.00%)
J.A.Textile / Dec 23 J.A. Textile Mills Limited(JATM)	37.72 ▼ -4.19 (-10.00%)
Asia Ins. / Dec 23 Asia Insurance Company Limited(ASIC)	13.96 ▼ -1.55 (-9.99%)
Dar-es-Salaam / Dec 23 Dar-es-Salaam Textile Mills Limited(DSML)	42.01 ▼ -4.58 (-9.83%)
First Tri-Star Mod. / Dec 23 First Tri-Star Modaraba(FTSM)	14.01 ▼ -1.33 (-8.67%)
Dadabhoy Cement / Dec 23 Dadabhoy Cement Industries Limited(DBCI)	6 ▼ -0.54 (-8.26%)
Oilboy Energy / Dec 23 Oilboy Energy Limited(OBOY)	10.46 ▼ -0.93 (-8.17%)
Burj Clean Energy Modaraba / Dec 23 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	8.45 ▼ -0.65 (-7.14%)

Stock	Volume
WorldCall Telecom / Dec 23 Worldcall Telecom Limited(WTL)	99,942,750 ▲ 0.14
Cnergyico PK / Dec 23 Cnergyico PK Limited(CNERGY)	66,327,753 ▲ 0.92
Pace (Pak) Ltd. / Dec 23 Pace (Pakistan) Limited(PACE)	43,280,462 ▲ 0.19
K-Electric Ltd. / Dec 23 K-Electric Limited(KEL)	40,644,312 ▲ 0.37
Sui South Gas / Dec 23 Sui Southern Gas Company Limited(SSGC)	40,619,788 ▲ 0.76
Pak Elektron / Dec 23 Pak Elektron Limited(PAEL)	38,585,180 ▲ 1.96
Fauji Foods Ltd / Dec 23 Fauji Foods Limited(FFL)	35,015,764 ▲ 1.32
P.T.C.L. / Dec 23 Pakistan Telecommunication Company Ltd(PTC)	33,026,526 ▲ 2.58
B.O.Punjab / Dec 23 The Bank of Punjab(BOP)	29,495,012 ▲ 0.26

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British pound

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