Britons dash for euros, dollars as EU vote nearsBritons have flocked to swap their pounds for euros and US dollars in the days running up to the European Union referendum, high street foreign exchange companies said on Wednesday. Most forecasters expect the pound to fall sharpl More… |
Chine rout wipes billions of euros off Europe sharesEuropean stocks slumped on Monday after a rout in Chinese markets, wiping hundreds of billions of euros off leading shares and sending one benchmark index to a seven-month low. The pan-European FTSEurofirst 300 fell 3.2 per cent t More… |
More than a third of Greek ATMs run dryMore than a third of automated teller machines across Greece ran out of cash on Saturday before they were replenished as Greeks pulled out money on fears their country was set to crash out of the euro, three banking sources said. More… |
Gold edges up fourth day on risk appetiteGold edged up for a fourth day on Thursday, having backed off Wednesday's peaks as equity markets and the euro rose, encouraging investors to delve back into riskier assets. The more upbeat mood was not apparent across all markets. More… |
Iran to sell 45 billion euros from reservesIran's central bank will sell 45 billion euros ($54.95 billion) from its reserves to buy dollars and gold ingots, a report on the website of state-owned Press TV said on Wednesday. There was no announcement of the sale on the bank' More… |