Dollar extends gains after three-day rally, pound slips as inflation holds steady

The U.S. dollar inched up on Wednesday, rising for a fourth day against a basket of currencies, while the pound fell after ...
Opinion

There is no debt doom signal. And stop worrying about the pound, too

Not again... Just when the pound was off to a strong year, debt fears whack it anew. You know that drill. Rising 30-year gilt yields supposedly portend big Budget risks, with Britain reliant on the ...
U.S. News & World Report

Pound, Gilts Hit by Surge in UK Borrowing

LONDON (Reuters) - The pound headed for its biggest two-day drop since late July on Friday, while bond yields rose, after a surge in UK public borrowing and a Bank of England rate decision that laid ...

GIFT City mulls expanding Foreign Currency Settlement System to include Euro, GBP & more

The Foreign Currency Settlement System (FCSS) launched recently at GIFT City is set to expand soon, with plans to support ...
Nairametrics

Naira strengthens below N1,950/£ against British pound

The naira appreciated against the British pound as global currency markets remained volatile. The British pound ended Wednesday’s trading session ...

Sudan Pound Suffers as De Facto UAE Flight Ban Hits Gold Exports

According to Sudanese central bank data, the UAE imported almost 90% of Sudan's legal gold exports, about 8.8 tonnes, in the ...

Dollar pauses after three-day rally, pound slips as inflation holds steady

The U.S. dollar was flat against a basket of currencies on Wednesday, pausing after a three-day rise, while the pound fell ...