Sterling falls to its lowest since mid-July LONDON: Sterling fell to its lowest since mid-July against the dollar on Monday as surging energy costs and a summer... Published 23 Aug, 2022 05:56am
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
Business & Finance Sterling steadies LONDON: Sterling steadied on Monday after Bank of England Governor Andrew Bailey said the current inflation surge ... Published 17 May, 2022 05:39am
Business & Finance Sterling hits new lows against dollar LONDON: Sterling fell to a fresh two-year low against the US dollar on Thursday after a slew of data pointed to a... Published 13 May, 2022 05:59am
Business & Finance Sterling falls versus euro LONDON: Sterling slipped versus a strengthening euro on Thursday as the European Central Bank’s March meeting... Published 08 Apr, 2022 05:28am
Business & Finance Russian rouble stabilised as central banks launches more FX curbs MOSCOW: The Russian rouble strengthened in illiquid on- and offshore trade against the dollar on Friday following ... Published 12 Mar, 2022 04:08am
Business & Finance Euro falls to 5-year lows vs pound LONDON: The euro fell to its lowest level against the British pound since 2016 as traders weighed the impact of... Published 04 Mar, 2022 04:37am
Business & Finance Sterling slips to fresh 3-week low LONDON: Sterling slid to a fresh three-week low versus the US dollar on Tuesday as investors remained cautious on... Published 26 Jan, 2022 04:41am
Business & Finance Sterling holds above $1.37 LONDON: Sterling rose on Monday as expectations that the Bank of England could hike interest rates early next year... Published 28 Sep, 2021 05:12am
Business & Finance US dollar net shorts fall to lowest in two months NEW YORK: US dollar net shorts fell to their lowest level since late April, according to calculations by Reuters and... Published 05 Jul, 2021 04:57am
Business & Finance Sterling set for second weekly loss LONDON: The pound fell 0.5% on Friday and was on track for its second consecutive weekly loss versus the dollar ... Published 12 Jun, 2021 05:04am
Business & Finance Sterling fails to hold on to gains LONDON: Sterling fell against a strengthening dollar on Friday after data showed US consumer prices surged in April,... Published 29 May, 2021 03:59am
Markets Sterling dips as UK vaccination drive faces bump in the road "The UK's vaccination campaign faces a bump in the road owing to the EU's plans to restrict vaccine exports," said Shaun Osborne, Chief FX Strategist at Scotiabank. Updated 25 Mar, 2021 12:06am
Markets Reflation trades in FX markets expected to continue in March BENGALURU: The reflation trade that spooked currency markets and threw them into disarray will be in play for at... Published 08 Mar, 2021 05:45am
Business & Finance Sterling falls; speculative longs hit 10-month highs LONDON: The pound fell on Monday as rising COVID-19 cases hurt global risk appetite, but futures data showed the... Published 19 Jan, 2021 04:22am
KSE-100 closes above 97,000 for the first time as investors dismiss political noise, index gains 1,782 points