ThePoundsterlinghasfallenaftertheGeneralElection2017exitpollindicatedtheConservativesmayfallshortofanoverallmajority.By00:00GMTsterlinghadshed1.8percenttoatwo-m
UK consumer price inflation rose to its highest mark in more than two years, according to figures released on Tuesday, as the effects of a sharp depreciation in sterling following the Brexit vote begin to be felt in prices.
The Bank of England (BOE) Friday asked the Bank for International Settlements (BIS) to investigate the flash crash in sterling that took place during trading on Friday.
China's central bank announced on Wednesday that it has allowed the China Foreign Exchange Trading System to carry out direct trading of the yuan against the sterling as an important move between the Chinese and British governments to facilitate bilateral trade.
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