pound sterling

Hammond Vows to Protect UK Economy During Brexit, Sterling Falls

By William James and Kylie MacLellan BIRMINGHAM, England, Oct 3 – British finance minister Philip Hammond vowed on Monday to protect the economy from any turbulence during negotiations to leave the EU, as sterling fell on worries the country is heading towards a disruptive divorce with its biggest trading partner. Hammond made his promise to

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World Stocks, Sterling Fight Back After Brexit Beating

By Marc Jones LONDON, June 28 – World stocks rose for the first time in three days and sterling and the euro climbed on Tuesday, as investors made a rush for Brexit-bashed assets hammered by some of the biggest falls since the 2008 collapse of Lehman Brothers. Bargain hunting trumped still widespread uncertainty over Britain’s

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Sterling Slides to 31-year Low as Brexit Shock Deepens

LONDON, June 27 – Sterling fell to a 31-year low against the dollar on Monday as a sell-off stemming from Britain’s decision to quit the European Union gathered pace, with the euro also pressured as Brexit clouded the future of the rest of the bloc. Safe-haven currencies like the yen and the Swiss franc extended

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