GBP/USD (GBPUSD=X)
CCY - CCY Delayed Price. Currency in USD
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As of 03:59PM GMT. Market open.
| Previous Close | 1.2317 |
| Open | 1.2318 |
| Bid | 1.2325 |
| Day's Range | 1.2302 - 1.2345 |
| 52 Week Range | 1.0379 - 1.3643 |
| Ask | 1.2324 |
- The Canadian Press
Lebanon sets new exchange rate, dramatically devalues pound
BEIRUT (AP) — Three years into a crippling financial crisis, Lebanon's Central Bank on Wednesday set a new exchange rate that effectively devalued the country's currency by 90% but did little to bridge the gap with the soaring black market rate. The dramatic measure is meant to stabilize the free-falling Lebanese pound and eliminate the multiple exchange rates that currently exist, a key demand of the International Monetary Fund for a bailout package for Lebanon. The new rate set Wednesday is 15
- Yahoo Finance UK
Bank of England set to raise interest rates to 4%
The Bank of England is expected to increase interest rates for the 10th consecutive time on Thursday in another blow to mortgage holders.
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