Business

US dollar notes are photographed in Buenos Aires, on June 23, 2022. - Argentines do their accounts in dollars, traumatised by recurrent economic crises and tormented by the inflation that is eating away at their pockets and is projected to exceed 60% this year. (Photo by Luis ROBAYO / AFP)

Dollar sinks against pound on US jobs data

By ahmadomar

January 06, 2023 | 08:15 p.m EDT

London: The dollar fell Friday versus the pound on news that US wage growth slowed in December, dimming expectations of more aggressive interest rate hikes from the Federal Reserve, dealers said.

At about 1600 GMT, sterling climbed 1.2 percent to $1.2043 following publication of the data.

dollar UK us pound

January 06, 2023 08:15 PM

Opinion

Music and civilization

Opinion

Indeed, we are in need!

The Zionist entity’s carte blanche

By Nejoud Al-Yagout Recently, in Amsterdam, there were clashes between Zionist football hooligans and Palestinians. Depending on which news network you believe, the blame was thrust on either the Zionists or the Palestinians. Interestingly enough, a...

Keep smiling

By Hassan T Bwambale World Kindness Day is an international observance of kindness every November 13. It was introduced in Japan in 1998 by the World Kindness Movement. A smile is among the acts of kindness. Smiling has a great effect on a person’...