pound

Egypt’s currency was stable at around 49.5 pounds to the dollar as the market opened on Thursday, a day after the central bank let the currency plunge and pledged to shift to a more flexible exchange rate system as the country secured an…
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Escalating political confusion sent the Lebanese pound plummeting to a new low on the black market, trading at 90,000 pounds to the dollar on Wednesday. The latest plunge in the local currency means the exchange rate is more than 60…
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Lebanon’s struggling banks on Friday decided to suspend their strike, which started earlier this month, for one week at the request of caretaker Prime Minister Najib Mikati. The decision comes as many Lebanese, including civil servants,…
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A sudden fall in the value of Lebanese pound has sparked confusion in the markets, widespread anger on the street and warnings that people “can no longer afford to buy anything.” The exchange rate in the parallel market reached 77,000…
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Britain received over 48 billion pounds ($66 billion) of demand within half an hour of opening order books for its second green government bond, a month after its first green gilt drew a record 100 billion pounds in demand from investors.…
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