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Posted On: 26 January 2009 08:18 am
Updated On: 12 November 2020 02:09 pm

Britons to gain from tumbling sterling

Paper Boy
Paper Boy
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British residents here stand to gain from a tumbling sterling. It was inadvertently reported yesterday that they stand to be hit hard. The error is regretted. Sterling has been losing against the dollar-pegged Qatari riyal (QR). Sterling was available in the local foreign exchange market for QR5.07 on Saturday, as against QR7.5 a few months ago. Foreign exchange operators here said yesterday they were keeping a close track on the movement of the currency. I think everyone's to gain....