Pound sterling

The Pound/Dollar (GBPUSD) forecast for 2024, as projected by PandaForecast, paints a positive picture for the currency pair. Starting the year at 1.2780, the forecast anticipates an upward trajectory, reaching 1.32 by March. However, a reversal is expected in the last quarter, settling the pair back to 1.28.

Police on Thursday was searching for a man who robbed a foreign currency exchange in western Athens on Wednesday, removing thousands in different currencies.

The suspect, who had covered his features, entered the store at around 7 p.m., pretending to be an employee of a courier company. He then pulled a pistol and pointed it at the teller demanding money.

The cost of living in Cairo has soared so much that security guard Mustafa Gamal had to send his wife and year-old daughter to live with his parents in a village 70 miles south of the Egyptian capital to save money.

Political uncertainty and growing economic woes, including spiralling inflation and the threat of a recession, are weighing heavily on the British pound, against both the U.S. dollar and the also struggling euro.    

The British pound hit a fresh March 2020 low after the announcements

The Turkish Treasury borrowed nearly 12.6 billion Turkish liras (nearly $1.8 billion) from domestic markets on April 6. 

Some 7.6 billion Turkish liras ($1.1 billion) in 14-month zero coupon Treasury bills- first issue- were sold in the first auction, the Treasury and Finance Ministry announced.

The Treasury bills will be settled on Wednesday and mature on June 9, 2021.

Such an epilogue was announced by International Olympic Committee member Dick Pound.
Because of the coronavirus pandemic, such a decision will be made in the coming days and the biggest sporting event will take place in the summer of 2021, Pound noted.

As the wrangling over how Britain should leave the EU reaches fever pitch, one country is already experiencing a Brexit dividend: Bulgaria.

Resorts in the south-eastern European country have seen a surge in bookings from British holidaymakers as families seek out alternative summer destinations.

The dollar is about to send the fourth session in a row, taking into account lower values and although monthly dollar index stood at plus, analysts say the mood is minor,  Market Watch wrote in his analysis.

Britain's annual inflation rate eased in April to 2.4 percent, the lowest level since March 2017, official data showed on May 23, weighing on the pound.