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Coronavirus
VERY HIGH Source: covid.gov.pk
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4224hr
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2,06024hr
4.58% positivity
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454,510
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32,837
Islamabad
104,913
KPK
172,766

Sterling

Dollar steadies after week of falls

Dollar steadies after week of falls

  • The dollar is on track for a nearly 1% weekly fall against a basket of major currencies, although it edged up a fifth of a percent on the day.
  • The euro and yen are poised for their largest weekly percentage gains of the year versus the dollar, up around 1.2% and 0.9% respectively.
Updated 09 Apr, 2021 05:08pm
Sterling steadies
Business & Finance

Sterling steadies

LONDON: Sterling steadied against the dollar and euro on Thursday, recovering after a bruising bout of profit-taking...
Updated 09 Apr, 2021 09:19am
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 moves up
Business & Finance

Sterling moves up

LONDON: Sterling rose against the dollar and the euro on Wednesday as traders looked past economic data in Britain...
Published 01 Apr, 2021 04:10am
Sterling steadies below $1.38
Markets

Sterling steadies below $1.38

  • Expectations that Britain's economy will reopen quickly after its rapid vaccine rollout lifted sterling to $1.42 in February, at the time making it the best performing G10 currency.
Published 30 Mar, 2021 02:31am
Sterling steadies
Business & Finance

Sterling steadies

LONDON: Sterling steadied against the dollar and euro on Thursday after two consecutive days of losses prompted by...
Updated 26 Mar, 2021 09:25am
Sterling reaches two-week high vs euro on BoE governor's cautious optimism
Markets

Sterling reaches two-week high vs euro on BoE governor's cautious optimism

  • More than 22 million people have had the first dose of a COVID-19 vaccine in the UK. Traders expect the swift inoculation programme will help the economy rebound from its biggest contraction in 300 years.
  • In early London trading, the pound rose to a two-week high against the euro at 85.57 pence. It was flat at 85.76 pence at 1227 GMT.
Updated 09 Mar, 2021 09:33pm
Sterling weakens against resurgent dollar
Markets

Sterling weakens against resurgent dollar

  • US Federal Reserve Chair Jerome Powell failed to soothe investor concerns about a recent surge in borrowing costs as he spoke at a Wall Street Journal forum on Thursday, pushing the safe-haven dollar higher.
  • Sterling fell to a three-week low against the dollar, briefly dropping below $1.38. It was last down 0.6% at $1.3810.
Published 05 Mar, 2021 09:49pm