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Rupee rebounds nearly 1% after RBI moves to curb speculative tradesThe rupee rebounded nearly 1% to 95.77 per dollar on Monday after the RBI announced measures to curb speculative currency trades. A special...- Global Market: China's Yuan hovers near 3-1/2-year high as trade risks cloud outlookChina's yuan hovers near a 3-1/2-year high against the dollar as fading expectations of a US rate hike support the currency. However, trade...
- Rupee stages stunning ₹1 comeback against dollar: What’s the RBI’s 4-step shock therapy and how long can it last?The Indian rupee gained against the US dollar after the Reserve Bank of India announced several intervention measures. These actions aimed ...
- Pressure on rupee may continue after temporary gains on RBI actions, say economistsThe Reserve Bank of India has implemented emergency measures to stabilize the rupee, which is facing strong global pressure. Analysts indic...
- RBI's rupee defence may drain banking liquidity, ease currency pressureRBI has introduced measures to curb rupee volatility, which could ease immediate depreciation pressures in the currency market. These measu...
- RBI steps in to support rupee as currency nears record low; tightens forex rulesThe Reserve Bank of India has announced new measures aimed at stabilizing the rupee's value in foreign exchange markets. These measures inc...
- Rupee rises to intra-day high, then slips on dollar demandThe Indian rupee gained marginally, closing at 96.73 against the dollar on Friday after interventions. The Reserve Bank of India sold dolla...
- India's forex reserves fall $12.95 billion to $734.60 billion in week ended October 2India's foreign exchange reserves have dropped by $12.95 billion to $734.60 billion as of October 2. This decline was influenced by a reduc...
- Rupee posts weekly fall despite rate hike amid adverse flows, weak sentimentIn recent trading, the Indian rupee closed at 96.73 against the dollar, showing minimal fluctuation from its prior standing. The rupee's sl...
- Ageas Federal launches multi-currency life insurance plan at GIFT CityAgeas Federal Life Insurance has launched its first GIFT City product, a multi-currency ULIP that lets customers invest in US dollars, euro...
- Global Market: Yuan strengthens as dollar retreats; China pushes back against undervaluation claimsThe Chinese yuan strengthened against the US dollar as the greenback retreated from an 18-month high. Beijing defended its currency policy ...
- Bank profits may rise 25% in Q2FY27, margins to recover gradually in second half: ReportAccording to a report by Emkay Research, Indian banks might report a 25.4 percent year-on-year increase in net profit. Higher foreign curre...
- Euro skids toward fifth weekly fall but selling pressure slowsThe euro is enduring its fifth consecutive week of descent, mainly due to ongoing concerns surrounding France's substantial debt. Despite a...
- RBI intervention halts rupee's slide to record low, risks lingerThe Indian rupee struggles amid climbing oil prices and a weakening of Asian currencies. Despite the Reserve Bank of India's intervention, ...
- TCS Q2 results: Ready for the big move? Here's how to trade the IT stock on results dayAccording to the average of seven brokerages, TCS revenue is expected to grow around 13% year-on-year, while profit is likely to rise about...
- Dollar edges back from 18-month high after FOMC minutesThe dollar index has maintained its position as hawkish Fed minutes emphasize inflation as a major concern. Recent interest rate hikes by t...
- Iraq devalues its currency as Mideast war disrupts oil shipping routesIraq has officially devalued its currency from 1,300 dinars to 1,500 dinars to the US dollar. The Central Bank announced this decision foll...
- Markets can be irrational in the short run: What RBI Governor Sanjay Malhotra said as rupee nears lifetime lowThe rupee neared its record low after the RBI raised the repo rate to 5.50%. Governor Sanjay Malhotra said the currency may be undervalued,...
- Three graduates learnt fake note printing from Instagram reels, arrested with 2549 counterfeit Rs 100 currency; gang avoided Rs 500 fearing stricter checks in shopsFake note: Three men, a BSc graduate, a law student and a BA final year student, were arrested in Greater Noida with 2,549 fake Rs 100 note...
- Dollar holds losses as markets await Fed minutes, speakersThe US dollar faced a downturn while European bond markets began to stabilize, affecting overall currency landscapes. Traders are eyeing th...
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