Official Exchange rates

Exchange rates in the Forex Market - daily refresh

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19. Dec 2018 0.7427 1.2648 0.0089 1.0077 0.7427 0.7182 0.6850 0.1103 0.1522 0.1145
18. Dec 2018 0.7427 1.2648 0.0089 1.0077 0.7427 0.7182 0.6850 0.1103 0.1522 0.1145
17. Dec 2018 0.7456 1.2614 0.0089 1.0069 0.7456 0.7176 0.6803 0.1104 0.1520 0.1157
16. Dec 2018 0.7471 1.2583 0.0088 1.0021 0.7471 0.7177 0.6798 0.1104 0.1515 0.1160
15. Dec 2018 0.7472 1.2588 0.0088 1.0021 0.7472 0.7181 0.6797 0.1104 0.1518 0.1161
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Danske Bank was behind large share of Estonian cross-border payments in 2008-2015: central bank

22. Oct 2018 15:04:34 | feeds.reuters.com

Danske Bank, which is involved in a 200 billion euro ($230 billion) money laundering scandal in Estonia, processed a large share of the country's cross-border payments between 2008 and 2015, its...

Freudenberg picks JP Morgan, Morgan Stanley for Vibracoustic IPO: sources

22. Oct 2018 16:53:56 | feeds.reuters.com

German technology group Freudenberg picked JP Morgan and Morgan Stanley to act as so-called global coordinators for a planned 2019 stock market flotation of its Vibracoustic unit, people close to...

Facebook and Google are run by today's robber barons. Break them up

23. Oct 2018 06:00:10 | www.theguardian.com

Regulation is needed to make the tech industry act in line with the public good and not just its CEOs’ stock optionsYou hear a lot today about artificial intelligence and ethics, and for good reason. As algorithms get smarter, they are increasingly making decisions that affect people’s lives. We need to be careful these algorithms are fair and transparent – but it’s not only the algorithms that are concerning.If Tom Wolfe were still alive, he might be turning his critical pen towards people l...

Top U.S. funds seek sunset rules on dual-class share listings

23. Oct 2018 23:02:07 | feeds.reuters.com

A trade group representing top U.S. pension funds and asset managers, including BlackRock Inc and T. Rowe Price Group, will ask stock exchanges to limit how long companies may operate with unequal...

U.S. fund investors pull most cash from stocks since June: ICI

24. Oct 2018 18:54:48 | feeds.reuters.com

U.S. fund investors intensified their onslaught on the stock market in the latest week, pulling out the most cash since June as investors fretted about interest rate hikes, Investment Company...

AMP loses nearly one-quarter of its value amid investor exodus

25. Oct 2018 08:05:20 | www.theguardian.com

Australia’s ASX 200 plunged by 2.8%, but the spotlight fell on the wealth manager after its royal commission scandalsDisgraced wealth manager AMP has endured one of its worst days in its 169-year history, with its share price haemorrhaging as investors desert it in droves in the wake of the banking royal commission.The once-proud insurer, which opened its doors in 1849, lost nearly a quarter of the value of its stock on Thursday – plummeting 24.47% – after it revealed investors had shifted $1...

Trump heaps pressure on Federal Reserve over interest rate rise

18. Dec 2018 18:36:51 | www.theguardian.com

After heavy market losses, Wall Street faces its bleakest Christmas since the 1930sWhy are markets falling, and are we heading for global recession?Donald Trump has stepped up his pressure on America’s central bank to shelve plans for an expected increase in interest rates to prevent the bleakest December for Wall Street since the US was in the throes of the Great Depression.After days of heavy stock market falls, Trump tweeted before New York trading opened on Tuesday to warn the Federal Res...

Carlyle seeks to double holding in PNB Housing, gain controlling stake

18. Dec 2018 10:43:00 | www.business-standard.com

Carlyle is considering expanding its 32.4% holding after valuations for the housing finance company turned attractive

YES Bank sends Brahm Dutt's name to RBI for post of chairman: Report

18. Dec 2018 10:10:00 | www.business-standard.com

Yes Bank has recommended the name of its board member Brahm Dutt for the post of Chairman to the RBI, according to sources. The Chairman post fell vacant after resignation of Ashok Chawla in November following issues related to probity. "The bank has sent the name of Dutt to the Reserve Bank for the Chairman post," a source said Tuesday. Since Dutt is already a part of the bank and understands various aspects of the system in a better way, it would be good to have him as the chairman, source...

Banks to be banned from charging higher fees for unarranged overdrafts

18. Dec 2018 08:38:36 | www.theguardian.com

FCA says banks make £2.4bn a year from overdrafts and market is ‘dysfunctional’Banks are to be banned from charging excessive fees for unauthorised overdrafts as part of the City watchdog’s clampdown on the “dysfunctional” high-cost credit sector.In what the Financial Conduct Authority described as the biggest intervention in the overdraft market for a generation, it is proposing a simple, single interest rate for each overdraft with no fixed daily or monthly charges. Continue reading...

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