Factbox-Sterling’s importance to global currency markets
LONDON (Reuters) - Sterling has faced its share of trials and tribulations in recent decades but remains a widely used...
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Sterling bows to dollar strength after UK GDP data – Business & Finance
LONDON: The pound eased on Thursday after data confirmed the UK economy entered recession in the second half of last...
MPs cool on UK CBDC prospects
A House of Commons committee has cast doubt on the value of a UK central bank digital currency, saying any...
Can BRICS de-dollarise the global financial system?
The highlight of the 15th BRICS summit was the agreement to admit six new member countries – Argentina, Egypt, Ethiopia,...
Pound rises against other monarchical countries in Charles’s reign
The pound has risen in value against two thirds of other monarch-led countries since King Charles ascended to the throne, analysis from No1 Currency has shown.Since September 8 last year, sterling has risen the most against the Norwegian Krone, jumping 13 per cent.The pound rose 10 per cent against the Canadian dollar in the period, as well as gaining 8.8 per cent on the Australian dollar, 8.6 per cent on the Jamaican dollar, 8 per cent on the East Caribbean dollar and 5.3 per cent against the New Zealand dollar.In...
Top-end art and luxury zoom while crypto bros dump NFTs
The rich are living in a different economic world right now. You can see that from all the Dior handbags...
Should Investors Panic About the Weak Pound?
Something’s been made abundantly clear in the last two weeks – currencies matter a lot, and can play a significant...
