A London Based Digital Publication Covering Diplomatic & Business Activities Globally

Tuesday, March 19, 2024

Pound firms after EU grants Brexit extension

The pound firmed versus the dollar after the European Union granted an extension to Brexit until the end of January while but London stocks were broadly flat.

Around 1330 GMT, sterling had edged higher at $1.2844 compared with late deals in New York on Friday.

London’s benchmark FTSE 100 stocks index was up less than 0.1 percent but Frankfurt and Paris posted solid gains.

European Union states on Monday agreed to postpone Brexit for up to three months, stepping in with a decision less than 90 hours before Britain was due to crash out with no divorce deal.

The next deadline is now January 31 — although the EU would allow an earlier date should London ratify a withdrawal agreement sooner.

Latest Posts

Latest Posts

Stay in touch

To be updated with all the latest news, offers and special announcements.

RELATED ARTICLES

UAE & Turkmenistan expand Economic ties

Turkmenistan's Berdimuhamedow urges UAE collaboration in gas field development....

Crown Prince Appreciates the World Governments Summit Team

The Crown Prince Appreciates the valuable efforts of the...

WTO Promotes Consensus

The final World Trade Organization General Council meeting before...

UK and Azerbaijan celebrate growing bilateral relations

UK PM Rishi Sunak congratulated President Ilham Aliyev on...

World Government Summit brings Global leaders to Dubai

The pre-summit day of the World Governments Summit (WGS)...

HH Shiekh Mohammed bin Rashid Meets Youth

Sheikh Mohammed bin Rashid Al Maktoum met with Arab...

Shiekh Hamdan Bin Zayed Honors Environmental Achievers

His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler’s...

Princess Kate shares a Message after meeting HM the King

Prince William and Kate Middleton share a Children's Mental...

HM King of Sweden to visit Europe

King Frederik X of Denmark and Queen Mary will...