Friday, February 13th, 2026

British pound wobbles as May announces resignation



BERLIN: The British pound wobbled after Prime Minister Theresa May announced her resignation, while stock markets mostly rebounded as US President Donald Trump offered an “olive branch” to China in their trade war, dealers said.

Sterling sank below $1.27 after May said she would step down on June 7 as prime minister, paving the way for a brutal contest to replace her.

 

Publish Date : 24 May 2019 20:41 PM

World Radio Day being observed today

KATHMANDU: Today marks World Radio Day, celebrated across the globe

Fog likely in Terai, light rain and snow possible in high hills

KATHMANDU: Westerly winds are affecting the country’s weather, bringing partial

Economic Digest: Nepal’s Business News in a Snap

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Authorities warn against protests around TIA, cite security and election concerns

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NRB issues today’s foreign currency exchange rates

KATHMANDU: Nepal Rastra Bank has fixed the foreign exchange rates