(Bloomberg) -- Private-sector Indian companies have fared well in the bond market this week despite a sovereign rating downgrade by Moody’s Investors Service, as investors focus more on early signs of some improvement in the economy. Spreads on the firms’ U.S. currency notes dropped 5.7 basis points compared with last week, according to DBS Bank Ltd. data, even after Moody’s cut India’s rating to the lowest investment grade with a negative outlook on Monday.
Pound Rebounds Versus Euro Exchange Rates as European Central Bank News Digested Pound to Euro Exchange Rate Climbs despite Dire UK and Brexit Outlooks The Pound Sterling to Euro (GBP/EUR) exchange rate is once again attempting to advance today, after yesterday’s European Central Bank (ECB) news knocked the pair. Sterling (GBP) is advancing despite dire UK data and Brexit fears. After opening this week at the level […]
GBP/ZAR Exchange Rate Falls as UK House Prices Drop in May The Pound to South African Rand (GBP/ZAR) exchange rate fell by -0.2% today, with the pairing currently fluctuating around R21.26. The GBP/ZAR exchange rate fell today after last night’s release of the flash GfK consumer confidence report for May remained in the doldrums at […] The post Pound to South African Rand (GBP/ZAR) Exchange Rate Dips as UK Consumer Confidence Drops to Decade Lows appeared first on Future Currency ...
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Investors expecting a sudden surge in bitcoin's price, after it underwent a technical adjustment three weeks ago that reduced the rate at which new coins are generated, may have to wait a few months, or perhaps a few years.
By Peter Nurse Investing.com - The euro has posted strong gains in early European trade Friday, as the European Central Bank’s decision to expand its stimulus measures has boosted optimism of a global economic recovery.
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