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%
|
|
