Official Exchange rates

Exchange rates in the Forex Market - daily refresh

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06. Jun 2020 0.6933 1.2588 0.0092 1.0394 0.7415 0.6933 0.6432 0.1079 0.1508 0.1060
05. Jun 2020 0.6933 1.2588 0.0092 1.0394 0.7415 0.6933 0.6432 0.1079 0.1508 0.1060
04. Jun 2020 0.6933 1.2588 0.0092 1.0394 0.7415 0.6933 0.6432 0.1079 0.1508 0.1060
03. Jun 2020 0.6933 1.2588 0.0092 1.0394 0.7415 0.6933 0.6432 0.1079 0.1508 0.1060
02. Jun 2020 0.6892 1.2549 0.0092 1.0395 0.7393 0.6892 0.6366 0.1072 0.1499 0.1048
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Luckin Stock Drops Further As Lenders Seek To Seize 76.4M Shares For Defaulted Loan

07. Apr 2020 11:03:49 | finance.yahoo.com

The shares of Luckin Coffee Inc. (NASDAQ: LK) dropped another 18% lower on Monday as Goldman Sachs Group Inc. (NYSE: GS) sought enforcement action against an entity controlled by the company's chairman Charles Zhengyao Lu.What Happened The bank, acting as a "disposal agent" on behalf of a host of lenders, said Luckin investor Haode Investment Inc., defaulted on a $518 million margin loan facility.According to Goldman, about 515.3 million Class B and 95.4 million Class A ordinary shares were p...

Gilead Generates Street Skepticism Ahead of Covid-19 Results

07. Apr 2020 11:34:02 | finance.yahoo.com

(Bloomberg) -- Results from a study of Gilead Sciences Inc.’s experimental Covid-19 medicine are top-of-mind for Wall Street as cases surpass 1.35 million and deaths approach 76,000.With a potential vaccine more than a year away, Gilead’s antiviral remdesivir offers one of the nearest-term hopes for a treatment in the pandemic that’s sweeping across the globe and putting many countries, including most of the U.S., on lockdown. Results from late-stage studies out of China are expected this mon...

Exxon Disrupts Shale Ambitions to Shrink Spending by 30%

07. Apr 2020 11:55:12 | finance.yahoo.com

(Bloomberg) -- Exxon Mobil Corp. is targeting its premier shale assets for deep cuts as it slashes worldwide spending to a four-year low and delays major projects to adapt amid the worst oil-price rout in decades.Exxon will reduce this year’s spending by 30% to $23 billion, the Irving, Texas-based company said in a statement on Tuesday. It will be the second-largest budget cut in the company’s modern history, overshadowed only by 2016, when crude markets last collapsed.The largest share of th...

Stock markets gain on signs of slowing coronavirus spread – business live

07. Apr 2020 12:41:49 | www.theguardian.com

Rolling live coverage of business, economics and markets as futures point to another day of strong gains on Wall Street‘No change’ in Boris Johnson’s condition - live updatesLarge increases on European stock markets Airline industry cuts 90% of flights in Europe Coronavirus – latest updatesSee all our coronavirus coverage 1.41pm BST The airline industry has cut 90% of its flights in Europe, the International Air Travel Association (Iata) has said. Worldwide it is an unprecedented 70% decline...

3 “Strong Buy” Penny Stocks With Over 50% Upside Potential

07. Apr 2020 12:45:35 | finance.yahoo.com

Are you ready to find some deals in the stock markets? The S&P 500 skyrocketed 7% yesterday, marking a strong trading session in what appears to be a true rally. Judging by the market charts, it looks like stocks bottomed out on March 23.Bob Doll, chief equity strategist at Nuveen, noted, "The stock market will bottom before the economy does, The stock market may have bottomed at 2,192 on the S&P."It’s a situation that gives investors an incentive to buy. We’re not in a true bull market – not...

Ex-Obama adviser Dr. Emanuel explains what it will take for America to 'return to full normalcy'

07. Apr 2020 13:06:51 | finance.yahoo.com

The U.S. reached a grim milestone on Monday, passing 10,000 coronavirus-related deaths, and according to a prominent physician, the nation won’t move beyond the crisis without a vaccine.

Monzo customers shut out of accounts in lockdown

06. Jun 2020 10:00:19 | www.theguardian.com

Some of the bank’s customers have been unable to get to their money when they need it mostHundreds of customers of the online bank Monzo say they were left without access to money at the height of the Covid-19 lockdown after the company froze their accounts without warning.Despite the Financial Conduct Authority telling banks it expected them to help consumers get through the crisis, Monzo has been freezing accounts without notice. Continue reading...

OPEC, Russia meet to extend record oil cuts, push for compliance

06. Jun 2020 09:04:44 | finance.yahoo.com

OPEC and its allies led by Russia meet on Saturday over plans to extend record oil production cuts and to push countries such as Iraq and Nigeria to comply better with existing curbs. Nigeria's oil minister said he expected a deal on an extension, which has the backing of Saudi Arabia and Russia, to be concluded in the video conference talks despite "reservations of one or two member countries," which he did not name. The alliance known as OPEC+ previously agreed to cut supply by a record 9...

'I'm squeaking by right now': voices of America's unemployment crisis

06. Jun 2020 07:00:16 | www.theguardian.com

The coronavirus pandemic has devastated the US economy, costing 42 million people to file for unemployment insuranceThe coronavirus pandemic has wrought destruction on US workers at a scale and speed that is almost unfathomable. It was only in February that Donald Trump was touting an unemployment level of 3.5%, a 50-year low. The unemployment rate dropped on Friday to 13.3% – but is still at its highest level since the 1980s – and many economists fear the real figure is far higher. Continue ...

Super-rich spot bargains as luxury London townhouse sells for just £15m

06. Jun 2020 07:00:16 | www.theguardian.com

Wealthy buyers are snapping up homes at a big discount in Covid-19 crisis after viewings via ZoomSome of the world’s richest people are snapping up luxury London mansions despite the coronavirus pandemic and lockdown – but only if the seller knocks a million or two off the sale price.Estate agents are reporting that rich overseas buyers have spent tens of millions on historic central London properties during the pandemic even though they have often only seen the homes over Zoom video calls. C...

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