The Reserve Bank of Australia has cut its benchmark interest rate by 25 basis points...
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
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,...
US 3Q GDP 0.7 per cent stronger than thought
Amid all the current worries concerning the US fiscal cliff there was good news for...
Retail Sales in Japan Decline
In October retail sales in the world’s third largest economy plummeted by the most for...
‘Fiscal Cliff’ decision by Christmas says Obama
President Barack Obama has said that he hopes to reach an agreement with congress to...
Unexpected Drop in US Home Sales
Although economists predicted that sales of new homes in the US would come in at...
Obama rallies support to divert the ‘fiscal cliff’
President Barrack Obama has launched a publicity campaign to push his bid to raise taxes...