Chancellor of the Exchequer George Osborne has cut the UK governments economic growth forecasts and...
GBP Exchange Rate News and Forecasts
Please find our latest Pound Sterling (GBP) exchange rate news and up-to-date currency forecasts below.
Currency Code: GBP
Currency Symbol: £ – Pounds p – Pence
Nicknames: ‘Quid’
Affiliated Central Bank: Bank of England (BoE)
The Pound Sterling is in circulation in the following denominations:
Coins – 1p, 2p, 5p, 10p, 20p, 50p, £1, £2
Notes – £5, £10, £20, £50
US Companies added less workers in November than October
A month after Superstorm Sandy brought the US to a standstill the economic repercussions are...
Australian growth slows
A slowdown in China has dented Australia’s economic growth after the Oceanic nation saw its...
Osborne under pressure after BCC cuts UK outlook
Fears that the UK economy could re-enter recession if significant steps aren’t taken to boost...
RBA Slashes Rate to 3 Year Low
As predicted by economists, the Reserve Bank of Australia’s rate decision resulted in a rate...
Aussie strengthens against the ‘Greenback’
The Reserve Bank of Australia has cut its benchmark interest rate by 25 basis points...
UK Manufacturing Exceeds Expectations
Today Markit/CIPS Purchasing Managers Index for the manufacturing sector leapt to 49.1 in November, the...
‘Fiscal cliff’ saga rolls on, now its stalemate
The crucial negotiations over the upcoming ‘fiscal cliff’ have been brought to a stalemate after...
Sandy triggers unexpected drop in US Consumer Spending
The US might be recovering from the physical havoc caused by Superstorm Sandy but the...
India’s growth slows
The rate of economic growth in India has fallen to 5.3% in the third quarter,...