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KOREAN WON DEPRECIATION
India Rupee shows strong rebound on firm RBI supportOn Friday, the Indian rupee made a notable leap, finishing the day above the 96 per dollar threshold. The surge was largely attributed to r...- Economy on firm footing, rupee doing fine compared to Asian peers: FM Nirmala SitharamanFinance Minister Nirmala Sitharaman stated India's economic fundamentals are strong. The Indian rupee is performing well against the US dol...
- Trump's Korea trade deal revives concerns about currency flightSouth Korea and Washington have agreed to lower tariffs on South Korean goods to 15% and established a $350 billion investment plan. While ...
- Indian rupee performed better than currencies of Canada, Korea, Brazil: Eco Survey 2024-25The Indian rupee depreciated by a modest 2.9% in the first nine months of FY25, outperforming currencies like the Canadian Dollar and South...
- Indian exporters See limited gains from Rupee depreciationIndian garment, handicraft, and engineering exporters anticipate 5-10% gains from the rupee's decline. However, import-dependent sectors li...
- Rupee remains one of the best performers in 2024: Finance MinistryIn a written reply in the Rajya Sabha, minister of state for finance Pankaj Chaudhary said the rupee weakened by just 0.6% against the gree...
- Dollar index may touch 109 level soon: Emkay Wealth Management"Once the election is over, and the policy pronouncements or till at least a sense of that emerges, Sterling Pound may not be able to regai...
- Rupee appreciates 15 paise to 67.53/$ on firm Asian cuesThe domestic currency had closed higher at 67.68 against the greenback on Wednesday on account of dollar selling by banks and exporters.
- Rupee appreciates 16 paise to 66.28 against dollarThe San Francisco Fed chief John Williams, among the biggest central bank hawks, last week on Sunday said the US economy is strong enough f...
- Rupee depreciates 3 paise against US dollar ahead of Fed outcomeThe domestic currency had snapped a three-day losing on Monday by closing 10 paise higher at 66.52 on the back of fag-end dollar selling by...
- Rupee appreciates 11 paise to 66.93 against US dollarThe domestic currency had closed at 67.04 on Friday, amid persistent dollar selling by banks and exporters.
- Rupee trades lower against US dollarThe rupee depreciated by 4 paise to 66.86 against the US dollar in early trade on Thursday after the Chinese central bank, PBoC.
- Rupee trades higher against US dollarThe dollar index, which tracks the movement of dollar against a basket of six major world currencies, fell 0.27 per cent to 99.
- Rupee trades lower against US dollarThe dollar index, which tracks the movement of dollar against a basket of six major world currencies, rose 0.1 per cent to 96.96.
- Rupee continues to sink; falls 28 paise at 65.83 against US dollarDuring the trading session, the local unit weakened to 65.91 a dollar, the level not seen since August 27, two years ago.
- Expect IT stocks to see consistent rally: Vinay KhattarOver the next six-eight months, even if yuan depreciates by another 3-4%, it will not have too much of an impact on domestic exporters, say...
- Rupee will not depreciate much: Manish Wadhawan, HSBCA day after rupee touched eight and a half months low, HSBC maintained that the currency isn't going to depreciate much.
- Weakness in rupee likely to persist: MacquarieIndian rupee, which breached the Rs 48 per US dollar mark to a 2-year low in the intra-day trade yesterday, is likely to remain under press...
- Hyundai Motor's quarterly profit falls, sales riseHyundai Motor's fourth quarter profit fell sharply as the South Korean automaker absorbed increased branding expenditure while sales fell i...
- Will central banks try to prop up depreciating currencies?Currency market intervention is likely to have little success, with many factors still pointing to weakening Asian currencies.
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