Official Exchange rates

Exchange rates in the Forex Market - daily refresh

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11. Jul 2020 1.2588 1.2588 0.0092 1.0394 0.7415 0.6933 0.6432 0.1079 0.1508 0.1060
10. Jul 2020 1.2588 1.2588 0.0092 1.0394 0.7415 0.6933 0.6432 0.1079 0.1508 0.1060
09. Jul 2020 1.2588 1.2588 0.0092 1.0394 0.7415 0.6933 0.6432 0.1079 0.1508 0.1060
08. Jul 2020 1.2588 1.2588 0.0092 1.0394 0.7415 0.6933 0.6432 0.1079 0.1508 0.1060
07. Jul 2020 1.2588 1.2588 0.0092 1.0394 0.7415 0.6933 0.6432 0.1079 0.1508 0.1060

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Exchange rates in the Forex Market - daily refresh

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Vodafone Looks Beyond Turbulent Markets With Tower Sale Plan

12. May 2020 09:03:32 |

(Bloomberg) -- Vodafone Group Plc kept its sales growing in the three months to March and pressed ahead with plans to bring in new investors for its wireless towers next year. The shares rose as much as 8.8%.Chief Executive Officer Nick Read said Vodafone’s go-it-alone strategy in the U.K. was still the right one, after rivals Liberty Global Plc and Telefonica SA announced a $39 billion merger of their British operations.The international mobile carrier reported organic service revenue growth...

Oil Boosted by Demand Rise and Deeper Saudi Arabian Output Cuts

12. May 2020 09:05:06 |

(Bloomberg) -- Oil edged higher as signs of a recovery in demand continued to surface following the easing of virus-led lockdowns in some regions, while Saudi Arabia pledged to cut production further.Futures rose 2.6% in New York after falling Monday. Pockets of fuel demand are starting to emerge in India and China, and while a huge glut remains, global stockpile builds are starting to slow. Saudi Arabia announced a surprise move to deepen daily output cuts by another 1 million barrels, which...

US fossil fuel giants set for a coronavirus bailout bonanza

12. May 2020 10:09:50 |

Exclusive: oil, coal and fracking companies in line to benefit from $750bn bond scheme Coronavirus – latest updatesSee all our coronavirus coverageFossil fuel companies and coal-powered utilities in the US are set for a potential bonanza under federal government plans for a bond bailout, part of the rescue package for the coronavirus crisis.At least 90 fossil fuel companies, many of them established giants such as ExxonMobil, Chevron and Koch Industries, stand to gain from the Federal Reserve...

What Does CenturyLink, Inc.'s (NYSE:CTL) Share Price Indicate?

12. May 2020 11:24:16 |

Today we're going to take a look at the well-established CenturyLink, Inc. (NYSE:CTL). The company's stock saw a...

The U.S. Is Testing the Patience of Bondholders

12. May 2020 12:30:28 |

(Bloomberg Opinion) -- It’s now clear in hindsight that a global pandemic was one of those things that financial markets never truly considered a real threat. This raises the question of what other so-called black swans might be lurking out there? Here’s one that might happen sooner rather the later: a failed auction of government bonds by the U.S. Treasury Department.Such a notion was unthinkable just a few months ago for the world’s richest economy and one that enjoys the exorbitant privile...

2 Cruise Line Stocks to Bet on After the Coronavirus Crisis (And 1 to Avoid)

12. May 2020 12:50:17 |

As the U.S. travel industry remains mostly shutdown, one industry remains set to be hit the hardest. While airlines continue to fly drastically reduced schedules, the cruise lines are shutdown with major questions on future demand.As the coronavirus swept through parts of Asia, the Diamond Princess cruise ship was hit with tons of cases and numerous deaths. The way passengers were quarantined on the ship and subsequent events should really question the legitimate demand for cruising in the ne...

Billionaire Musk's net worth zooms past Warren Buffett's - Bloomberg News

11. Jul 2020 04:29:33 |

Musk's fortune rose by $6.07 billion on Friday, Bloomberg News said, following a 10.8% jump in the electric carmaker's stock. Buffett's net worth dropped earlier this week when he donated $2.9 billion in Berkshire Hathaway stock to charity, the report added.

Has Apple Surged Too Far, Too Fast? Analyst Weighs In

11. Jul 2020 01:25:34 |

With the market getting extra frothy, it is legitimate to wonder whether we are in the midst of a bubble. Despite the growing disconnect between Wall Street and Main Street, the surge has been almost relentless since the coronavirus inflicted meltdown in March. Tech stocks, in particular, have outperformed, including the world’ largest company by market cap – Apple (AAPL).It has become increasingly hard to keep up, as Apple has repeatedly notched new all-time highs recently. In a research not...

Remdesivir Tied to Fewer Deaths; Japan Trace Fails: Virus Update

11. Jul 2020 01:21:40 |

(Bloomberg) -- Texas hospitalizations topped 10,000 for the first time and California suffered its second-highest day of deaths. Florida’s biggest county had a record number of patients in its intensive-care units.New York will allow limited visitors into nursing homes and long-term facilities for the first time in months. Overall U.S. cases rose 1.9%, matching the average daily rise over the past week.Gilead Sciences Inc.’s remdesivir treatment reduced the mortality risk for Covid-19 patient...

Is United Airlines Stock a Buy Right Now? This Is What You Need To Know

11. Jul 2020 01:12:09 |

The airline industry has been hit hard by COVID-19. Border closures and shelter in place measures brought the industry to a standstill during the virus’ initial wave, as air traffic was grounded across the globe.Whether the pandemic has peaked or not, United Airlines (UAL) upcoming flight schedule acknowledges normality is still a way off. Air travel volume remains weak and currently United’s cash burn rate amounts to roughly $40 million a week. As a result, United has issued warnings that al...

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