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FX CURB RELAXATION
As PM Modi calls for conserving FX, what steps can India take?India's Prime Minister Narendra Modi calls for conserving foreign exchange due to rising oil prices and a weakening rupee. The nation is ex...- Rupee breaks 94 as oil surge deepens sentiment hit from RBI FX curb relaxationThe Indian rupee weakened significantly against the US dollar on Thursday due to rising oil prices. The currency touched its lowest point i...
- Rupee falls, tracking Asian peers; partial rollback of RBI FX curbs weighsThe Indian rupee logged its steepest fall in a week on Tuesday, tracking weakness in most regional peers and also weighed down by the parti...
- Explained: How RBI’s safety net to protect falling rupee could mean Rs 4,000 crore shock for banksThe Reserve Bank of India has stepped in to halt the rupee's fall. This move forces banks to unwind dollar positions, potentially leading t...
- Bond yields dip on BOJ policy decision, after 3 sessions of rise"There was some buying, tracking moves in other bond yields after the BOJ decision," said Rajeev Pawar, head of treasury at Ujjivan Small F...
- Dollar retreats as risk appetite improves; Australia, NZ currencies rise"There seems to be no let-up in the pace of relaxing COVID restrictions despite the surge in COVID cases in the mainland," said Christopher...
- Dollar firms ahead of US inflation data; PBOC clips yuan's wingsThe dollar was firm on Friday ahead of U.S. inflation figures, which could settle the course of interest rates, while the Chinese yuan was ...
- China stocks close lower as slowing property sector clouds outlookChina's industrial output and retail sales grew more quickly than expected in October, despite fresh curbs to control COVID-19 outbreaks an...
- As offshore markets hold sway over USD-INR, rupee seeks to break freeThe first moves began with the introduction of current account convertibility in 1994.
- China's yuan plunges most since aftermath of devaluation in 2015The currency extended losses after China reported a much narrower trade surplus than expected.
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