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Currency notes

Currency notes: exchange rates

Currency notes: exchange rates

KARACHI: Exchange rates for Currency Notes issued by the Treasury Management Division of National Bank of Pakistan...
Published 27 Feb, 2021 04:29am
Sterling rises above $1.40; long positions at one-year high
Markets

Sterling rises above $1.40; long positions at one-year high

  • Sterling reached its highest levels since April 2018 when it crossed $1.40 on Friday. It has risen 2.6% against the dollar in 2021 and its rapid gains have led to talk of a possible correction.
  • Some 17.6 million people, over a quarter of the 67 million population, have now received a first dose of a COVID-19 vaccine.
Published 22 Feb, 2021 05:47pm
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
Rebound in risk sentiment pulls sterling higher
Markets

Rebound in risk sentiment pulls sterling higher

*The pound fell in early trade after risk sentiment ebbed overnight in US and Asian markets. * sterling was up 0.3% against the dollar at $1.3720 and was also up 0.3% against the euro, at 88.60 pence.
Published 26 Jan, 2021 08:55pm