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Continuing its downward trend, the Indian rupee hit a new low of Rs72.91 to a dollar; Rs19.85 to Dh1; on Wednesday morning. The rupee has been on a down slide owing to inflationary pressure and decline among its global peers against the dollar. On Wednesday, it opened at a low of 72.78 per dollar, against the previous close 72.69 per dollar.
Sterling jumped on Tuesday after a senior European Union legal adviser said Britain could unilaterally withdraw its Brexit notice, easing concern among investors about Britain crashing out of the blo
Pound vigilantes may not have enough ammunition to force parliament to pass Prime Minister Theresa May’s Brexit deal even in a second vote, influential investors say. Speculation has been growing tha
The Bank of England on Wednesday warned a no-deal Brexit would trigger a financial crisis in Britain, causing the pound to plunge by 25 percent. The central bank also said in a report that such a sce
The great crypto crash of 2018 plunged deeper over the weekend. Bitcoin slid another 4.5 percent to $3,635 at midnight Sunday in New York, according to Bitstamp. It recouped most of the losses by 7:
The pound rebounded against the dollar on Friday, a day after a severe shellacking, as some investors were willing to bet on British Prime Minister Theresa May getting a controversial Brexit draft de