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CURRENCY TRADING
Rupee logs weekly decline, with RBI intervention curbing lossesThe Indian rupee faced a challenging week, depreciating against the dollar amidst mounting tensions from the Middle East conflict. Despite ...
Rupee gains 2 paise to 95.43 against US dollar in early tradeThe rupee gained two paise against the US dollar in the early market hours, driven by a softening dollar internationally. Nonetheless, the ...
Yen's slide to weekly loss prompts bets for another interventionThe Japanese yen is facing its steepest drop in three months, prompting traders to expect more government action to support its value. Key ...
Rupee holds steady at 95.44 amidst RBI interventionThe Indian rupee remained stable on Thursday, closing near its previous level. Dollar sales by the Reserve Bank of India kept the local uni...
Rupee slips, muted price action sinks volatility expectations to five-month lowThe Indian rupee weakened a bit on Thursday, primarily influenced by dollar outflows, with derivative maturities and overseas debt repaymen...
Iran to join BRICS development bank soon, central bank governor Abdolnaser Hemmati saysIran plans to join the New Development Bank soon. This move comes as the nation faces international sanctions and seeks alternative financi...
Global Market: Japanese bond yields hold near highs as markets brace for BOJ rate hikeJapanese government bond yields remained broadly steady as investors increased bets on a possible Bank of Japan rate hike in September. Sho...
Rupee ends modestly higher on RBI interventionOn Wednesday, the Indian rupee experienced a modest increase, managing to withstand the upward pressure of crude oil prices. Support from t...
Rupee nudges up on RBI intervention; investors eye inflation dataThe Indian rupee finished the day marginally higher, propelled by ongoing tensions in the Middle East. Continuous interventions from the ce...
Rupee falls 6 paise to 95.42 against US dollar in early tradeThe rupee experienced a six paise decline against the US dollar during early trade. Concurrently, Brent crude oil prices saw a sharp rise, ...
Dollar subdued as markets await US inflation data for Fed cluesAs Asian markets greeted Wednesday, the dollar maintained its steadiness. Currency investors eagerly anticipated key inflation data from th...
Rupee falls 8 paise to 95.38 against US dollar in early tradeIn early trading on Tuesday, the rupee fell by eight paise against the US dollar, closing at 95.30 from the previous day. Ongoing tensions ...
US defends dollar as yen weakness threatens global currency orderThe US treasury has stepped in to bolster the Japanese yen and several other currencies, signaling a potential decline of the dollar and hi...
French lender's India treasurer pegs rupee floor near 'fair value' of 96 per dollarThe Indian rupee is poised for stability against the dollar throughout this financial year. Initiatives to entice dollar investments and a ...
Rupee weakness cushioned by central bank intervention, shorts grow waryThe Indian rupee ended the day with minimal fluctuations, influenced primarily by oil market dynamics and moves from the central bank. Stat...
Rupee anchored by central bank hand, traders watchful of oil ructionsThe stability of the Indian rupee was evident on Monday, thanks to the proactive measures taken by the central bank. State-run banks active...
India amends FDI rules to boost e-commerce for small businesses, artisans, farmers, and fishermen: Union Minister Piyush GoyalIndia has amended foreign direct investment regulations to boost e-commerce trade. These changes will help small businesses, artisans, farm...
India not in favour of separate BRICS currency: Piyush GoyalBRICS group comprises 11 major emerging markets and developing countries of the world -- Brazil, China, Egypt, Ethiopia, India, Indonesia, ...
Global Market: South Korean stocks fluctuate as AI spending concerns weigh on chipmakersSouth Korean shares swung between gains and losses on Friday as investors assessed the latest U.S. corporate earnings and remained cautious...
Rupee falls 9 paise to 95.17 against US dollar in early tradeThe rupee declined by nine paise to 95.17 against the US dollar on Thursday, reflecting tensions in global politics despite falling crude o...