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EURO CURRENCY FLUCTUATION
Free flow of FCNR(B) money: RBI to bear hedging costs on NRI FX deposits, easing banks’ overseas fundingThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to make these depos...
RBI to bear full hedging cost on FCNR(B) depositsThe Reserve Bank of India is now covering all hedging costs for banks raising foreign currency deposits. This move aims to attract more ove...
Bullish start likely for Dalal Street as GIFT Nifty advances 100 pointsIndian markets opened weak on Thursday, experiencing a partial recovery but remaining in the red. Persistent FII outflows, a weak rupee, an...
How weaker dollar is quietly making life more expensive for AmericansA weaker US dollar, down about 10% since early 2025, is quietly increasing costs for Americans, impacting everything from vacations to groc...
Capgemini's first-quarter revenue up 7% YoY, in line with estimatesFrench IT firm Capgemini saw its revenue climb seven percent year-on-year in the first quarter. This performance met the company's expectat...
India’s forex reserves up by $9.06 billion to $697.12 billion in week ending April 3India's foreign exchange reserves have seen a significant increase. Reserves rose by over nine billion dollars in the week ending April 3. ...
Euro hits record high against rupee, Europe trips get costlierThe euro has surged to a record high of ₹102.3763 against the Indian rupee, impacting travel budgets for Indian tourists planning European ...
France could get digital euro next year: central bank"We'd like to get to a viable prototype, test it in practice with more private actors and more central banks in the second half of this yea...
Infosys stock falls despite robust Q2 as volatile currency forces the company to cut FY16 guidanceThe current guidance stands at a growth of 6.4-8.4% in the dollar revenue compared with the earlier guidance of 7.2-9.2%.
How falling euro is boosting Indian tourists' summer travel plansA European holiday package entails both rupee and euro components. Thanks to the currency volatility, tourists will have to pay less for th...
Falling euro lifts summer plans for Indian touristsWith the euro depreciating by more than 15% over the past year, Indians are packing their bags for trips to European countries.
Nokia revenues from India dip 23% in 2012Nokia, for the second consecutive year, reported decline in annual revenue from India business to Euro 2,227 mn last year.
- HCL Tech puts acquisition plans on hold
HCL Technologies today said it has put on hold its acquisition plans as the global economic situation is uncertain and the local currency i...
- When stocks fail, HNIs bet on dollar-rupee futures
The dollar-rupee pair has accounted for a bulk of this turnover, beating the euro, yen and UK pound versus the rupee hands down.
- NSE rupee-euro futures to kick off from next year
The opening of rupee-euro pair is expected to help currency futures market grow and widen the canvass of hedge instruments.
- Wockhardt suffers on currency derivatives woes
Wockhardt continued to face troubled times on the bourses, on reports it will suffer losses arising out of a volatile currency derivatives ...
- Dlr falls on slowing US economic growth
The dollar fell for a second day against the yen before reports this week that will probably show a dip in sales at US wholesalers and reta...