Searched for
DOLLAR EXCHANGE RATE
Highest FCNR (B) interest rates: Check PSU vs private sector bank rates for NRIs, OCIsFCNR (B) FD interest rates: The window for Non-Resident Indians to enjoy favorable FCNR(B) deposit rates is closing soon, specifically on A...
Dollar wobbles as investors balk at US Treasury's rescue effortsThe dollar faced a decline on Friday, ending the week lower amid investor worries. Concerns arose over the U.S. Treasury's bond buyback, wh...
Global Market Today: Asian stocks follow Wall Street lower, dollar slipsAsian bonds and equities faced a downturn, reflecting the declines witnessed on Wall Street. An uptick in US Treasury yields dampened inves...
MCX shares jump 4% as gold, silver futures rise. What lies ahead after a 900% rally in 3 years?MCX shares jumped over 4% as gold, silver and copper futures rose following a US Treasury liquidity support announcement. The stock has del...
Rupee rises 17 paise to 95.56 against US dollar in early tradeDuring early trading on Thursday, the rupee showed resilience, strengthening against the US dollar as a result of the US Treasury's unexpec...
RBI's early FCNR(B) deposit scheme closure 'data-driven' or a policy U-turn? Governor Malhotra explainsRBI Governor Sanjay Malhotra defended the FCNR(B) deposit scheme's early closure. He stated the decision was data-driven and a prudent cali...
Japan’s yen lesson for India: Don’t fight the currency marketIndia should focus on economic fundamentals and allow the rupee to be largely market-driven. The RBI has some flexibility during a financia...
Rupee slide chips away at ISM outlayA weak rupee is causing what analysts and industry insiders estimate to be a “net double-digit cost overrun” for businesses relying on impo...
Yes Bank makes bond market comeback years after AT1 write-offYes Bank is preparing its first dollar bond issuance since its 2020 AT1 debt write-off, planning a benchmark-sized three-year note. The mov...
Rupee falls 17 paise to 95.59 against US dollar in early tradeIn early trading, the rupee slipped by 17 paise against the US dollar as investor sentiment turned cautious following the Reserve Bank of I...
Dollar falls on surprise drop in US retail salesIn July, US retail sales surprisingly took a dip, leading to a decline in the dollar's value. This drop enabled the euro and sterling to so...
Gold rises on weaker dollar as inflation data cements rate-hold betsOn Friday, gold prices moved upward, signaling a positive outlook for the week. The precious metal received a boost from a weaker dollar an...
RBI shortens FCNR (B) deposit swap window to Aug 31The Reserve Bank of India has shortened the swap facility window for FCNR(B) deposits. This decision comes after observing higher-than-expe...
New Development Bank plans $7.5 billion funding to deepen rupee lendingThe New Development Bank is set to invest $7.5 billion in India, focusing on local currency financing aimed at strengthening emerging econo...
Global Market: Taiwan dollar surges to one-month high as foreign flows boost currencyTaiwandollar surged 0.5% to a one-month high as foreign investors poured funds intolocal equities. The move reflects stronger capital inflo...
India's Bank of Baroda raises $700 million via dollar bonds at tighter spreadsBank of Baroda has successfully accepted bids totaling seven hundred million dollars for its debt offering, achieving narrower spreads than...
Rupee holds steady at 95.44 amidst RBI interventionThe Indian rupee remained stable on Thursday, closing near its previous level. Dollar sales by the Reserve Bank of India kept the local uni...
Dollar treads water as Fed hike bets pared on benign US inflationThe dollar's advance stalled on Thursday after benign U.S. inflation data emerged. Traders pared back bets for a near-term Federal Reserve ...
Dollar near two-month trough as US inflation data awaitedThe US dollar experienced a decline against major currencies as investors closely monitor upcoming inflation figures. Both the euro and ste...
$100 bn in sight: India is rolling in dollars but what about the rupee?Two months after the RBI launched special measures to attract foreign currency, banks have mobilised over $40 billion, led by FCNR(B) depos...