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CURRENCY RATES
On Bond Street, falling yields spur a Rs 17,000-crore fundraiseIndian institutions secured over ₹17,000 crore via bond sales as falling benchmark yields made borrowing cheaper. Nabard notably raised ₹8,...
Rupee ends losing run on whiff of FPI flows into stocksThe Indian rupee strengthened on Friday, ending its four-day decline to close at 94.21 against the dollar. This recovery was fueled by mode...
Dollar set for biggest weekly drop since April after jobs data lowers Fed hike betsThe US dollar is experiencing its biggest weekly loss in 12 weeks, driven by weaker-than-expected US jobs data that has dampened expectatio...
Gold heads for weekly gain as weak US jobs data tempers rate hike betsGold prices surged on Friday, poised for a weekly gain after a disappointing U.S. jobs report significantly lowered expectations for an imm...
Dollar heads for weekly drop as jobs data dims Fed hike betsThe US dollar experienced its sharpest weekly decline in almost three months, driven by a weaker-than-expected June jobs report. This eased...
IIFL Finance raises $300 million via dollar bondsIIFL Finance has successfully raised $300 million through a four-year dollar bond sale to international investors, marking its second such ...
NRIs looking to park your dollars? Ujjivan SFB offers 7.5%, DBS up to 5.6% on FCNR depositsBanks are raising returns on FCNR(B) deposits after the RBI eased norms to attract foreign currency inflows. Ujjivan Small Finance Bank now...
Merchant, arbitrage flows extend rupee's losing streak even as dollar slumpsThe Indian rupee weakened for the fourth straight session against the dollar on Thursday, despite a weaker dollar and likely central bank i...
RBI's concessional swap facility to boost financial institutions' overseas borrowing: S&PThe Reserve Bank of India's new concessional forex swap facility is set to significantly lower borrowing costs for government-owned financi...
Japan shifts to ambush intervention tactics against yen short sellers, sources sayJapan's finance ministry is shifting tactics, abandoning public warnings about currency intervention. Officials now aim to surprise specula...
NPCI partners with HSBC India & JP Morgan Payments to enable real-time FX settlement for international UPI paymentsIndia's UPI is set for a global upgrade! The National Payments Corporation of India (NPCI) has partnered with HSBC India and J.P. Morgan Pa...
Global Market: BlackRock turns cautious on emerging market stocks, upgrades euro zone bondsThe BlackRock Investment Institute has turned more cautious on emerging market equities and hard-currency debt, while upgrading euro zone g...
Rupee's defence takes RBI dollar shorts to a record highThe Reserve Bank of India's net short forward position in the currency market surged to a record $106.6 billion in May, indicating signific...
Yen tumbles to 4-decade low. Here are 3 reasons behind the historic slumpJapanese Finance Minister Satsuki Katayama said authorities were ready to respond appropriately at any time, without giving stronger signal...
Strong dollar pushes yen to 40-year low as clock ticks on interventionThe Japanese yen hit a 40-year low against the dollar, sparking intervention fears. Despite past efforts, the yen continues to weaken due t...
Yen hits 40-year low as clock ticks on interventionThe Japanese yen hit a 40-year low against the dollar, sparking speculation of government intervention. Despite past efforts, the yen conti...
SBI raises $300 million under RBI's ECB swap windowState Bank of India has successfully raised $300 million by issuing three-year senior unsecured floating-rate bonds in overseas markets. Th...
Rupee treads water, traders await range break to gauge directional trendThe Indian rupee held steady as tensions between Iran and the US eased, with traders anticipating a clearer market direction. Currently tra...
RBI's dollar inflow measures buy time, but external risks remainThe Reserve Bank of India's recent measures to boost dollar inflows are a temporary fix, economists warn. While these steps aim to stabiliz...
Yen wobbles near 40-year low as dollar pauses for breathThe yen hovered near a 40-year low against the dollar as U.S. inflation data met expectations, leading traders to scale back bets on Federa...