The pound extended its slide against a resurgent dollar on Thursday morning to hit a 14-month low. The pound weakened 0.7 per cent to $1.23, its weakest since November 2023, as the dollar index, which ...

The renminbi was to join the select basket of currencies (previously comprising the US dollar, euro, Japanese yen, and British pound sterling) that constitute the IMF’s artificial currency unit, the ...

"The fall in the value of the pound against China's currency [the renminbi] means that Chinese tourists coming to the UK have seen their spending power increase by around 5% in the past three months." ...