Business

Pound US dollar exchange rate: GBP steadies against USD as Ireland braced to ‘BACK’ May

THE pound US dollar exchange rate is virtually unchanged from this morning’s opening levels, holding just above $ 1.30 after the pairing soared over half a cent on Thursday. The pound remains in a position of strength against the US dollar and the majority of others this morning as Sterling sentiment remains buoyed by reports that Ireland backs Theresa May’s ...

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FINANCIAL CRASH WARNING: World economy ‘VULNERABLE to SECOND Great Depression’

THE world economy is at risk of another financial CRASH, the International Monetary Fund warned as the international organisation spoke of “large challenges” ahead “to prevent a second Great Depression”. In a new report, downcast predictions pointed to cheap interest rates and surging debt levels as potential triggers for economic chaos. Daily Express :: City and Business Feed

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‘Rupee is BROKEN’ India rupee PLUMMETS to record low as soaring oil squeeze Indian economy

THE rupee plummeted to a record low against the US dollar earlier today, with the crisis-hit currency being described as “broken” by the President of the Indian National Congress. Soaring oil prices and market instability are currently squeezing the Indian currency, with concerns over capital outflows also putting the rupee under pressure. Daily Express :: City and Business Feed

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