Tag: Pound

London: The pound has fallen below $1.29 for the first time in almost a year on continuing worries Britain will leave the EU without a trade deal. Sterling also hit a nine-month low against the euro, and was down against the yen and Swiss franc, BBC reported on Thursday. Bank of England governor Mark Carney […]

London: The British pound on Monday stabilised on Asian markets, remaining at its low following last week’s general election results. The currency traded at $1.2740 early on Monday after Friday’s $1.2743 close, reports the BBC. On Friday, the British currency reacted to the vote by sliding 1.7 per cent, its biggest one-day drop in about […]