Chinese production slowed once again in August although the flash Purchasing Managers' Index (PMI) edged...
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
Bank of England MPC vote 9 – 0 to keep interest rates at all time low.
Minutes released for the last meeting of the Bank of England monetary policy committee showed...
Inflation worries for Australia
The latest consumer price index figures rose more than expected in the second quarter. The...
European bank stress tests
The European Banking Authority’s (EBA) tests showed just eight banks failed the tests yet it...
The key market driver is the Greek austerity measures
The key driver for the markets this week is the Greek austerity measures. As the...
UK data remains weak
The Consumer Price Index remained unchanged for the month of May at 4.5%, however it...
Sterling Up Against Euro After Negativity From Trichet
The Pound managed to bounce back against the Euro on Thursday afternoon when Jean-Claude Trichet...
Threat to UK AAA rating
UK retail sales fell in May as consumers demonstrated their nervousness about the future. The...
IMF Report Gives UK Little Support
We start the day with the pound once again on the back foot versus the...
Sterling Prepares for Difficult Week
Following last week's poor showing for sterling, this week starts with a hopeful outlook on...