Tag: Pound sterling

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Yuan jumps as Beijing vows to boost economy; euro and pound stem losses

China's yuan strengthened after the country's top leaders pledged to step up policy support for the flailing economy, while the euro and sterling steadied...

Sterling rises after UK retail sales beat forecasts

The pound bounced on Friday after data showed UK consumer spending was stronger than expected in June, in spite of high inflation, as wage...

Sterling gives up initial gains after hot UK inflation figures

The pound slipped on Wednesday after data showed British inflation cooled by much less than expected in April. Sterling initially rose after the data, which...

Sterling maintains losses after Bailey speech

The pound slipped against a strengthening dollar on Wednesday and maintained its losses after Bank of England Governor Andrew Bailey reiterated he expected price...

Sterling steadies after UK economy posts fragile Q1 growth

The pound steadied on Friday after data showed the UK economy avoided recession in the first quarter, recovering from its biggest one-day drop since...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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