Previous Close | 0.8520 |
Open | 0.8520 |
Bid | 0.8516 |
Day's Range | 0.8514 - 0.8550 |
52 Week Range | 0.8330 - 0.9243 |
Ask | 0.8517 |
A sustained period of higher interest rates will present a challenge for many borrowers worldwide, as economies adapt to a new era of comparatively tight monetary policy amid a recovery in growth and enduring inflation.
The euro has plummeted against the pound to an almost two-year low. Here's what it means for you and your travel money.
BNP Paribas has struck a deal with customers after a court found it guilty of misleading practices over Swiss-franc denominated mortgages, in a move that could cost the French bank as much as 600 million euros ($658 million), a source close to the matter said. The settlement follows eight years of litigation led by French consumer group CLCV and targeting BNP's consumer unit BNP Paribas Personal Finance, which offered the loans amid the 2008-2009 financial crisis. "We confirm that, at Personal Finance's suggestion, an agreement has been reached with the CLCV association to offer an amicable solution to customers who so wish," BNP Paribas Personal Finance said in an emailed statement, without elaborating on the costs of the settlement for the bank.