Tag: Pound sterling

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Pound hits eight-week high as banking worries recede

The British pound hit its highest level against the dollar in eight weeks on Wednesday as worries about the health of the global financial...

Dollar eases as investors ponder outlook for Fed rates

The dollar held around five-week lows on Wednesday, before the conclusion of the Federal Reserve's policy meeting at which investors will be looking for...

Dollar scales 3-month peak as Powell flags higher rates

The dollar scaled multi-month highs against most other major currencies on Wednesday, after Federal Reserve Chair Jerome Powell warned that U.S. interest rates might...

Euro rally pauses ahead of Europe inflation data

The euro fell against a strengthening dollar on Thursday, after having posted its largest one-day gain in a month, ahead of euro zone inflation...

Pound heads for biggest monthly loss since September, even after Brexit deal

The pound edged up on Tuesday, drawing some strength from Britain's agreement with the European Union on post-Brexit trade, but it was still heading...

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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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