BR100 Decreased By (-0.6%)
BR30 Decreased By (-1.11%)
KSE100 Decreased By (-0.5%)
KSE30 Decreased By (-0.45%)
AGHA 6.72 Increased By ▲ 0.04 (0.6%)
BECO 4.37 No Change ▼ 0.00 (0%)
BML 56.56 Decreased By ▼ -0.76 (-1.33%)
BOP 30.13 Decreased By ▼ -0.22 (-0.72%)
CNERGY 13.01 Decreased By ▼ -0.11 (-0.84%)
CSIL 5.35 Decreased By ▼ -0.06 (-1.11%)
FCCL 52.29 Decreased By ▼ -0.50 (-0.95%)
FFL 14.58 Decreased By ▼ -0.14 (-0.95%)
FNEL 1.12 No Change ▼ 0.00 (0%)
KEL 6.14 Increased By ▲ 0.05 (0.82%)
KOSM 6.16 Increased By ▲ 0.43 (7.5%)
LOTCHEM 26.26 Decreased By ▼ -0.20 (-0.76%)
MLCF 91.51 Decreased By ▼ -1.65 (-1.77%)
NBP 163.90 Decreased By ▼ -0.76 (-0.46%)
NCPL 53.64 Decreased By ▼ -2.02 (-3.63%)
NPL 58.99 Decreased By ▼ -2.17 (-3.55%)
OGDC 314.50 Decreased By ▼ -2.23 (-0.7%)
PACE 9.90 Increased By ▲ 0.03 (0.3%)
PAEL 35.19 Decreased By ▼ -0.44 (-1.23%)
PIBTL 14.64 Decreased By ▼ -0.04 (-0.27%)
PPL 222.01 Decreased By ▼ -4.90 (-2.16%)
PRL 92.00 Decreased By ▼ -1.02 (-1.1%)
PTC 59.40 Decreased By ▼ -0.86 (-1.43%)
SSGC 23.26 Decreased By ▼ -0.55 (-2.31%)
TBL 8.75 No Change ▼ 0.00 (0%)
TELE 7.68 Decreased By ▼ -0.12 (-1.54%)
TPL 22.11 Decreased By ▼ -0.24 (-1.07%)
TPLP 12.60 Decreased By ▼ -0.37 (-2.85%)
TREET 21.89 Decreased By ▼ -0.27 (-1.22%)
TRG 56.50 Decreased By ▼ -0.06 (-0.11%)
Markets

Sterling hits new lows, traders cite new web poll on Scotland

Published Updated

imageLONDON: Sterling hit a fresh 10-month low against the dollar and a three-month trough against the euro on Wednesday as traders cited an online poll on the Scottish independence which gave the "Yes" camp a 53.9 percent lead.

The pound hit $1.6052, its lowest since November 2013 , before recovering a little to $1.6070, down 0.2 percent on the day. Earlier, it had been trading as high as $1.6153.

The euro strengthened against sterling to a three-month low of 80.635 pence, last trading at 80.49 pence, up 0.2 percent on the day.

Spanish 10-year bond yields rose 10 basis points to 2.30 percent, with traders citing worries that the Scottish independence push may inspire a similar move in Catalonia.

Comments

Comments are closed for this article.