Sterling continues as coronavirus crisis escalates

2021-01-13 22:24:02 GMT (Economies.com)
Sterling continues as coronavirus crisis escalates

The British pound fell against the US dollar on Wednesday, as the coronavirus crisis continues to escalate in the UK.

 

The new Covid-19 strains that have emerged in several countries around the world pushed the number of infections to almost 100 million cases, with a death toll of nearly 2 million victims.

 

The coronavirus has spread rapidly in Britain recently, especially after identifying a new strain in the country that more infectious.

 

Consequently, British Prime Minister Boris Johnson re-imposed lockdown restrictions in the country from January to mid-February to curb the outbreak.

 

Bearing in mind that the UK has launched Covid-19 vaccination campaigns using the Pfizer-BioNTech vaccine in addition to  vaccines by AstraZeneca-Oxford and Moderna.

 

As of 20:50 GMT, GBP/USD fell 0.3% to 1.3628, after hitting a high of 1.3701, and a low of 1.3613.

 
 
 
  Symbol Last Change Chg.%
1.2125
0.0060
0.4961%
1.3674
0.0125
0.9215%
Tadawul
8878.30
-29.61
0.33%
25.730
0.825
3.312%
53.041
0.741
1.417%
56.08
-0.23
0.41%
1868.490
32.375
1.763%
 
 
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