Japanese Yen - British Pound (JPY - GBP) Currency

0.0062 0.0000 -0.07%

10:30:00 PM

Currency Snapshot

0.0062

0.0062

0.0062

0.0062

0.0062

0.0058

0.0068

0.0062

03:30 AM

03/20/23

News

Business Insider 123d

The UK has laid out a $65 billion package of tax rises and spending cuts to restore faith after political upheaval and a market storm

Finance minister Jeremy Hunt unveiled a new budget as the UK battles to rebuild its economic credibility and tame soaring inflation.

Business Insider 124d

UK inflation tops 11% to hit its highest level since 1981 as food and energy prices soar

Inflation in October would have been almost 14% if the UK government hadn't put a price cap on household energy bills, the ONS said.

Business Insider 136d

Pound tumbles as Bank of England hikes rates, warns of a recession for all of next year

Sterling fell about 2% against the US dollar to $1.11 on Thursday, hitting the lowest levels since October 21.

Business Insider 136d

The dollar's blistering rally is almost over as support from US economic outperformance is fading, Societe Generale says

The outlook for US economic growth "matters more for the dollar going forwards than where US bond yields go next," said SocGen.

Business Insider 153d

UK Prime Minister Liz Truss resigned after the market rebelled against her aggressive economic growth plan. It's a warning for global leaders with lofty ambitions.

Truss stepped down after an investor backlash roiled markets, forcing her to scrap planned tax cuts and sack her finance minister.

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