Tag: Currency

Indian rupee posts weekly gain on expectations of Fed rate hikes

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Indian shares registered their second straight weekly gain on Friday, boosted by energy and automobile stocks and as a fall in U.S. Treasury yields made riskier assets more appealing. The NSE Nifty 50 index advanced 0.28% to 17,786.80 at close, and the S&P BSE Sensex ended 0.34% higher to 59,959.85. For the truncated week, the […]

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Scotland Considering own Currency – Brexit is entering the Second Stage?

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In an independent Scotland, the currency would be the Scottish pound, and it would transition to its own currency when the “time is right.” Nicola Sturgeon outlined the view at a briefing, giving updated arguments for what could happen if the country voted for independence. The first minister said that a timetable for creating a […]

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