Tag: #Euro
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EU Slashes Economic Recovery Forecast on Virus Second Wave
EU has slashed its economic recovery forecast upon the second wave of the virus.
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Closing Rates of Kerb Currency Market
Here are the closing rates of the kerb currency market.
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Rupee Continues Bullish Trend
The rupee continues its bullish trend.
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Rupee Gains 67 Paisas Against the Dollar
The Rupee has Gained 6 Paisas against the US Dollar.
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Sterling slides on no-deal Brexit fears
London, Dec 17 (AFP/APP): Sterling sank Tuesday on no-deal Brexit fears after Prime Minister Boris Johnson appeared set to outlaw any extension to a Brexit transition beyond the end of next year. Around 1000 GMT, the pound was down 1.25 percent at $1.3165, compared with late on Monday in New York. The euro surged almost…
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Pound sinks into losses on Brexit deal rejection fears
London, Oct 17 (AFP/APP): Sterling sank into losses in chaotic trade on Thursday on fears that Britain’s Brexit draft deal might not win parliamentary approval, having earlier spiked close to $1.30 on news of the agreement. At 1240 GMT, the pound was down 0.34 percent against the dollar at $1.2788. The euro meanwhile rose 0.69…
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Turner painting unveiled on Britain’s new £20 note
London, Oct 10 (AFP/APP): The Bank of England unveiled Britain’s new £20 polymer banknote on Thursday, featuring artist J. M. W. Turner and his most cherished masterpiece. The note includes Joseph Mallord William Turner’s self-portrait and his 1838 oil painting “The Fighting Temeraire”. It will enter general circulation on February 2, 2020. “As the new…
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ECB stimulus lifts stocks and euro
London, Sept 12 (AFP/APP):European stock markets rose on Thursday after the ECB unveiled a massive stimulus programme and cut interest rates to goose a sluggish eurozone economy. The euro was volatile, dropping against the dollar in an initial reaction before recovering in late business. The ECB took a key interest rate further into negative territory…
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ECB stimulus lifts stocks, sends euro skidding
London, Sept 12 (AFP/APP):The euro skidded lower while stocks climbed higher after the ECB unveiled Thursday a massive stimulus programme and cut interest rates to goose a sluggish eurozone economy. The ECB took a key interest rate further into negative territory in its first rate cut since 2016 and announced it would resume stimulus via…