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May 04, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

British currency

Sterling slips to one-month low versus dollar
Markets

Sterling slips to one-month low versus dollar

  • Versus the euro, it was down 0.4% at 86.24 pence per euro .
  • "Sterling's bearish bias has been in place over the past week or so as it toyed with breaking below 1.41 against the dollar."
Published 15 Jun, 2021 05:42pm
Sterling sidelined as dollar softens, euro plays catch-up
Markets

Sterling sidelined as dollar softens, euro plays catch-up

  • The pound's performance this year has been second only to the commodity-driven Canadian dollar among G10 currencies, buoyed by Britain's fast rollout of vaccines that sparked hopes of its economy reopening.
  • Traders said a lack of fresh economic data or other strong drivers meant the pound could not for now continue its recent march back to its high for the year of $1.4240, a level last reached in February.
Updated 25 May, 2021 06:48pm
Sterling sinks
Business & Finance

Sterling sinks

LONDON: Sterling sank on Wednesday as profit-taking by traders after a strong first quarter for the British currency...
Updated 08 Apr, 2021 09:06am
Sterling sinks to 5-week low vs. euro, one-week low vs dollar
Markets

Sterling sinks to 5-week low vs. euro, one-week low vs dollar

  • The pound fell on Tuesday, losing 0.6% against the dollar and over 1% against the euro - its worst day against the single currency in five weeks as investors took cash off the table.
  • Against the euro, it traded 0.7% lower to the euro at 86.50 pence, having hit a five-week low of 86.62 pence.
Published 07 Apr, 2021 08:36pm