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British Pound News
US dollar rises as trade tensions ease
Tue, May 22, 2018
The US dollar rose as market sentiment was boosted by an easing of trade tensions between China and the US. In late New York trading on Monday, the euro fell to $1.1772 from $1.1775 in the previous session, and the British pound was down to $1.3414 from $1.3482 in the previous session.
Unilever warns of British price hikes as pound falls
Thu, Oct 13, 2016
Dutch food giant Unilever, reportedly caught up in a pricing war with a British supermarket chain, warned Thursday the falling pound will likely hike its prices in Britain.
Finance leaders issue fresh warnings amid Deutsche worries, fall in pound
Fri, Oct 07, 2016
Deutsche Bank has been struggling to overhaul its business model that is built around trading activities that have become much less lucrative under new regulation enacted sin ce the 2008-2009 financial crisis.
Pound slumps to 31-year low versus dollar
Tue, Oct 04, 2016
"It seems that it is going to be hard to provide a tourniquet for sterling`s recent wounds given the solidity of the newly announced Brexit timeline," said Connor Campbell, analyst at traders Spreadex.
IMF includes China's yuan in elite club of reserve currencies
Sat, Oct 01, 2016
The yuan joins the US dollar, the euro, the yen and British pound in the IMF's special drawing rights (SDR) basket, which determines currencies that countries can receive as part of IMF loans.
Asia shares gain, pound weakens on BoE rate cut
Fri, Aug 05, 2016
Japan`s Nikkei advanced 0.3%, on track for a loss of 1.6% for the week.
Brexit impact: Currency volatility may hit India's exports, says FIEO
Sat, Jun 25, 2016
Currency volatility post Britain's decision to exit from the European Union (EU) may put pressure on India's exports in the immediate future as both British Pound and Euro will depreciate, giving greater competitiveness to their products, exporters' body FIEO said on Friday.
Crude oil climbs as Brexit risks ease
Mon, Jun 20, 2016
Oil extended gains in Asian trading on Monday as a weaker dollar and easing worries over Britain's possible exit from the European Union (EU) helped support crude.
Will Brexit push Indian Rupee to 70?
Fri, Jun 17, 2016
CARE Ratings, in May said that Rupee is likely to depreciate in value and trade around 69 to a dollar in the current year. Although its reasoning were more to do with the US Federal Reserve, and FCNR deposits that are coming up for redemption.
US dollar up 0.41% in late trading on upbeat jobless data
Fri, Jun 10, 2016
The dollar climbed to 0.9638 Swiss francs from 0.9587 Swiss francs, and it inched up to 1.2721 Canadian dollars from 1.2711 Canadian dollars.
US dollar index down 0.25% in late trading as rate-hike expectation dims
Thu, Jun 09, 2016
The dollar index, which measures the greenback against six major peers, was down 0.25% at 93.591 in late trading.