Dollar slipped to a three-year low against a basket of currencies, headed for its biggest weekly loss in two years, as bearish factors offset support the US currency.
Britain’s top share index came under pressure from a firmer pound following some stronger than expected inflation data, though a rise among mining groups stemmed losses.
Barclays is likely to follow other major lenders in the United States in stopping customers from buying Bitcoin and other cryptocurrencies with its credit cards.
LINK said it will do “whatever it takes” to retain free access to cash for all communities.
India’s telecoms operator, Airtel does not see much value in buying debt-laden Nigerian rival 9mobile and withdrew from submitting a firm bid before the deadline.
Barclays is increasing its focus on the middle market financial sponsored market, prompted by growing opportunities.
Goldman Sachs Group, Barclays and Societe Generale SA are interested in buying the Equities, Markets and Commodities division of Germany’s Commerzbank AG .
Shares in International Business Machines rose nearly 2%, helped by a double-notch upgrade for the company from Barclays ahead of Q4 results.
The US Department of Justice (DoJ) has charged a former Barclays foreign exchange trader over his alleged role in a scheme to defraud a client of the bank.
JPMorgan and Goldman Sachs paid their top bankers in Britain an average of $1.5 million each in 2016, compared with $1 million for local rivals HSBC and Barclays.
US dollar ends higher against rupee
Mumbai: The US dollar ended sharply higher against the rupee at 64.21/22 per dollar and the pound sterling also finished higher at Rs 90.34/36 per pound at the close of the Interbank Foreign Exchange (forex) market here today.
Following are the Interbank forex and RBI rates: (In Rs per unit) Unit Interbank RBI Reference US Dollar 64.21/22 US Dollar Rs 63.9097 Pound Sterling 90.34/36 Euro Rs 80.1683 Euro 80.18/20 Japanese Yen (100) 60.50/52
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