Pound hits highest level since Brexit vote, with Bank of England expected to raise interest rates today – business live | Business

Pound hits highest level since Brexit voteNewsflash: The pound has hit its highest level since its crash after the Brexit referendum a decade ago.Data released by the Bank of England shows that the pound reached its strongest level against a basket of other currencies since 23 June 2016 – the day of the EU vote - yesterday.The sterling effective exchange…

Pound to Dollar Surges towards 1.35 after Democrats Sweep US Elections

Modified: Wednesday, 4 November 2026 20:31 BST - Written by James Fuller STORY LINK Pound to Dollar Surges towards 1.35 after Democrats Sweep US Elections The Pound to US Dollar (GBP/USD) exchange rate surged on Wednesday as the Democrats' decisive victory in the US midterm elections triggered a sharp decline in the 'Greenback'. At the time of writing, GBP/USD was trading…

BB allows foreign currency custodial accounts for licensed money changers

The Bangladesh Bank has allowed authorised dealer (AD) banks to provide foreign currency custodial accounts to licensed money changers, aiming to improve cash management and reduce the risks of transporting physical currency. The central bank issued a circular today (4 November) outlining the rules for the accounts, which will be used exclusively to keep, deposit and withdraw physical foreign currency…

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