British Pound

Pound stands firm after Theresa May's Brexit deal voted down by a crushing margin; PM's defeat factored in by market

The pound sterling had sunk more than 1 percent against the dollar earlier on Tuesday but rallied back after the parliamentary vote, with the sizable defeat for May seen forcing Britain to pursue different options.

Rupee on recovery path, gains 34 paise to end at one-week high against dollar on positive macro data

Rupee also benefitted from the massive US Dollar re-pricing in the aftermath of the weak US inflation report, discounting the chances of Fed hiking rates four times this year.

Rupee crashes to all-time low on Turkish lira shock; logs biggest single-day fall in 5 years

Previously, the rupee had dropped 2.4 percent or 148 paise in a single day in August 2013.

TCS N Chandrasekaran sees no major impact of Brexit, US elections on business

Chandrasekaran's optimism comes amidst the uncertainties about the outcome of the forthcoming American presidential polls scheduled for November 8 wherein the Republican hopeful Donald Trump has threatened to end outsourcing and put up many trade protectionist measures if elected to the White House.

The Brexit effect: Serena Williams loses out on Wimbledon prize money worth $380,000

Serena Williams' joy of winning Wimbledon 2016 might die down a little as she is set to lose out on a sum of nearly USD 380,000 due to Brexit.

Sterling, Asian stocks struggle with Brexit hangover

Asian stocks fell and the British pound tumbled more than 2 percent on Monday as markets struggled to shake off deep uncertainty sparked by Britain's decision to leave the European Union.

Brexit: Sensex tanks over 1,000 points; rupee down 86 paise

In the currency market, the rupee crashed 86 paise to trade at 68.11 against the dollar

Brexit: Britain's PM David Cameron to present EU deal to parliament, rally party on referendum

David Cameron is hoping to win support for his campaign to stay in the bloc after London Mayor Boris Johnson dealt a blow by backing a "Brexit".

Pound jumps after Britain's Conservatives lead election

The British pound jumped Friday after exit polls showed Prime Minister David Cameron's Conservatives headed for victory, while the dollar won support on hopes for a solid US jobs report later in the day.

Will rupee fall or rise in 2015? Don't be surprised if it's the latter

The rupee fell 3 percent in 2014 against the dollar but it actually gained against the other hard currencies like the euro, the yen, the Swiss franc and the British pound. So a fall appears unlikely in 2015