Tag Archives: Pound

Pound hits highest level since Brexit vote

Sterling has jumped to its highest level against the US dollar since the Brexit vote. The surge to almost $ 1.37 came after Bloomberg reported that the Spanish and Dutch finance ministers had agreed to seek a Brexit deal that ...

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Lebanese central bank says pound stable, adds to forex reserves

BEIRUT: The Lebanese central bank has the foreign-currency reserves it needs to keep the pound stable against the US dollar at its pegged rate for the foreseeable future, the central bank governor said on Tuesday.Riad Salameh said in an interview ...

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Pound jumps as Bank of England hints at rate rise

The Bank of England has said that higher inflation and a pick up in growth could lead to a rate hike in “the coming months”. Members of the Bank’s nine-strong Monetary Policy Committee voted 7-2 to keep interest rates on ...

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