Rupee back near 75 per US dollar after sharp fall

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Rupee back near 75 per US dollar after sharp fall

The rupee today fell sharply to settle 25 paise lower at 74.94 against the US dollar amid strengthening American currency and volatile trade in the domestic equity market. After opening at 74.74 at the interbank forex market, the rupee lost further to hit 74.97 at …
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Argentina Bond Deal Endorsed by Old Allies Gramercy and Fintech

Argentine bond prices rose Monday after the country’s government revised a restructuring proposal it made in April by offering to increase bondholder recoveries. The new deal garnered support from two hedge funds that played prominent roles in previous …
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Ford expects relaunch of iconic Bronco SUV line to stoke US sales, profits, executive says

Ford expects a new lineup of Bronco vehicles to create “significant value” for the company as it attempts to tap into a cult following for the nameplate. Combined annual sales for the new Bronco models are expected to be in the hundreds of thousands, …
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Deutsche Bank CEO evaluating help for Wirecard Bank

FRANKFURT (Reuters) – Deutsche Bank’s chief executive said on Tuesday it was too early to say how it might help Wirecard Bank, the banking wing of collapsed payments firm Wirecard. Germany’s largest bank said last week that it was working with financial …
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Europe Leads, UK and US Lag as Recovery Divergence Increases

… and divergence between countries has increased, according to Bloomberg Economics' daily activity gauges. European countries such as Germany,
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