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Coronavirus
VERY HIGH
Pakistan Deaths
18,915
11824hr
Pakistan Cases
858,026
378524hr
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291,668
Punjab
317,972
Balochistan
23,324
Islamabad
77,974
KPK
123,842

British pound

Exchange rates: buying and selling

Exchange rates: buying and selling

KARACHI: Exchange rates issued by the Treasury Management Division of National Bank of Pakistan on Friday (April 30,...
Published 01 May, 2021 03:28am
Sterling falls
Business & Finance

Sterling falls

LONDON: The British pound held near a two-month low against the dollar and nursed losses against the euro on Tuesday...
Updated 14 Apr, 2021 10:11am
Pound licks wounds as Haldane exit signals dovish tilt
Markets

Pound licks wounds as Haldane exit signals dovish tilt

  • While the reaction in currency markets was muted, with the pound holding close to the day's lows against its main rivals, Haldane's exit is widely seen as a departure of one of the more hawkish figures at the central bank.
  • Against the dollar, the British currency was down 0.1% at $1.3692, having touched its lowest since Feb. 5 at $1.3670 in the previous session.
Published 13 Apr, 2021 08:23pm
Vaccine hopes boost British pound
Markets

Vaccine hopes boost British pound

  • "A stronger pound is another headwind for UK exporters and provides some small relief for households," noted Paul Dales of Capital Economics.
Published 23 Feb, 2021 09:44am
Pound hits highest since April 2018, eyes $1.38
Markets

Pound hits highest since April 2018, eyes $1.38

  • Sterling reached $1.3798 against the dollar in late afternoon deals in London, its highest level against the greenback since April 27, 2018. Against the euro, it traded flat at 87.69 pence.
  • As we have been arguing since last week's Bank of England meeting, the move lower in EUR/GBP seems to have taken a breather.
Published 09 Feb, 2021 09:25pm
Vaccine rollout lifts sterling to strongest against euro since May
Markets

Vaccine rollout lifts sterling to strongest against euro since May

  • Riskier currencies gained against the dollar, which edged lower as global market sentiment was lifted by an equity rally in the Asian and early European sessions.
  • The economy that does the best will be the one that's able to get its population vaccinated earliest, and at the moment that looks like the UK.
Published 01 Feb, 2021 06:30pm