FCNR FD interest rates: SBI vs PNB vs HDFC Bank vs ICICI Bank - which gives you best rates; eligibility and taxation on interest explainedFCNR interest remains exempt from tax as long as the depositor qualifies as an NRI or resident but RNOR under Section 10(15)(iv)(fa) of the...
Dollar gains versus yen on US-China trade optimism; Kiwi climbsThe dollar's value increased in early Asian trading. This happened after discussions between the United States and China reduced worries ab...
US dollar rebounds against safe-haven currencies after Trump pauses tariffsThe U.S. dollar rebounded against safe-haven currencies including the yen and Swiss franc after President Donald Trump announced a 90-day p...
Dollar on track for weekly gain after Trump election winThe dollar strengthened against major currencies, heading for a weekly gain as investors assessed the potential impact of Donald Trump's su...
Explainer: Why is rupee falling against the greenback despite weakness in dollar index?According to Anil Kumar Bhansali and Anuj Gupta, the rupee has dropped by nearly 70 paise (0.84%) over the last three months and 0.70% quar...
China's yuan leaps to 7-month high, led by stronger yen, unwinding of carry tradeThe Chinese yuan reached its highest point against the U.S. dollar in seven months due to a stronger Japanese yen and investors reversing c...
China's yuan steady near 7-month lows as traders eye yen and dataChina's yuan weakens against the dollar as foreign investors avoid the stock market. Analysts suspect currency manipulation by Beijing to m...
Yen hits lowest level against dollar since 1990One dollar was worth 147.67 yen following the stronger-than-expected inflation number, which comes as Japan's central bank holds off from h...
Safe-haven yen gains against Aussie as risk sentiment soursThe safe-haven yen gained versus the riskier Australian dollar on Friday as risk sentiment soured amid rekindled fears of heated inflation ...
Dollar slips from two-week high; Bank of England meeting in focusThe dollar has rebounded from a one-month low over the past week, swung by U.S. economic data that has largely supported the case for a rap...
Global markets wary as coronavirus threatens economic reopeningIn a more promising sign, E-Mini futures for the S&P 500 recouped their early losses to edge up 0.3% and EUROSTOXX 50 futures added 0.2%. F...
Have you ignored the largest asset class? It’s safer & more rewardingFor retail investors, India is an equity-heavy market and when it comes to asset classes such as commodities, currencies and debt instrumen...
Tech stocks a ‘Buy’ as global currencies weakens against US dollar?Dollar demand has led to sharp volatility in the global currency market, which is expected to increase by Mar 18 when the US Fed meets.
Important support for EUR/USD lies at $1.3588/86Broad based dollar strength weighed on the euro as dollar-yen kept making fresh session highs and the euro-yen was forced to a high of Y139...
Euro continues to find support ahead of $1.3779Another listless morning for the euro today in the Asia-Pacific as it opened at $1.3793, following a $1.3787 to $1.3822 range in the US las...
Euro remains ateady ahead of ECB policy meetingEuro failed to make further ground ahead of a series of key events in the eurozone, including the ECB's policy meeting and US non-farm payr...
Less dovish comments from US Fed spark sell-off in euroLess dovish comments from the Fed sparked a sell-off in the euro during NY session, sending the pair down to $1.3810 before closing at $1.3...