GBP falls to 31 year low after Brexit

2 weeks after Brexit, the GBP/USD falls to 31 year low of 1.2952 today. Please see this GBP/USD weekly chart to understand how the GBP has suffered from Brexit decision. Most economists and investors had been warning the British people of this situation if they chose Brexit and yet 52% of British voters chose Brexit […]
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RBI Forex Reference Rates – 30Apr2015

As on 30-Apr-2015 13:50:00 Underlying RBI Reference Rate      1 $ 63.5780      1 £ 97.9864      1 € 70.5334      100 ¥ 53.5300 The Euro is recovering well after steep losses in the last 3-4 months. Recovery of the Euro is positive for global economy as it indicates release of some hoarding pressure from the US Dollar, and […]
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