FOLLOW US :
  • |
  • |

Equity

Daily Market Tracker
Market Analysis
Other Markets
Corporate Actions
News
Corporate Information

Other Markets

Back
GBP/USD hits two-week high, Minouche Shafik appointed as chief economic adviser
(02-Sep-2025, 11:46 Hours IST)  
British Pound stayed supported as a break above 1.3500 mark extended for GBP/USD. British Prime Minister Keir Starmer on Monday appointed economist and former Columbia University president Minouche Shafik as his chief economic adviser as part of a staff shakeup aimed at strengthening the government's response to a sluggish economy. GBP/USD pair moved up after a recent choppy trend and hit two-week high of 1.3553. It currently quotes at 1.3528, up 0.11% on the day. Major gains are unlikely for the Pound amid tepid economic cues. UK manufacturing sector continued to shrink in August, survey results from S&P Global showed on Monday. The factory Purchasing Managers' Index fell to 47.0 in August from a six-month high of 48.0 in July. On the NSE, GBP/INR futures are quoting at 119.32, down 0.15% on the day after falling near 119.10 mark earlier in the session.

Powered by Capital Market - Live News

IMPORTANT LINKS

QUICK LINKS

FOR GRIEVANCE MAIL TO invgrieviss@iseindia.com

BSE EQUITIES : INB011077733 | NSE F&O EQUITIES : INF231077737 | NSE CASH MARKET : INB231077737 | NSE CURRENCY DERIVATIVES : INE231077737 | MCX-SX : INE261077737

ISS Enterprise Limited [Erstwhile: ISE Securities & Services Limited], a wholly owned subsidiary of Inter-connected Stock Exchange of India Ltd. (ISE)

© 2013 ISS Enterprise Limited [Erstwhile: ISE Securities & Services Limited]. All rights reserved.

Designed, developed & powered by C-MOTS Infotech (ISO 9001:2008 certified)