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FOREX WOES
RBI's rate-setting panel starts deliberations, policy announcement on FridayThe RBI's Monetary Policy Committee (MPC) began its three-day meeting on Wednesday, with most economists expecting the central bank to keep...- RBI MPC meet: Central bank likely to maintain status quo on rates, adopt cautious approach amid West Asia crisisExperts anticipate the Reserve Bank of India will maintain its key policy rate at 5.25 percent this week. The central bank is expected to a...
- Mercedes-Benz to hike prices in India early next year over forex woesMercedes-Benz India plans to hike prices next year. This is due to the rupee's fall against the euro. The company already raised prices thi...
- Airtel Africa Q4 Results: Net loss at $91 million on forex woesAirtel Africa Q4 Results: In a statement Thursday, Airtel Africa said the board has approved a share buyback programme of up to $100 millio...
- Paytm’s forex woes: Understanding the role of fintechs in cross-border paymentsThe Directorate of Enforcement (ED) is probing Paytm regarding forex violations by some of its merchants. In its response, Paytm has said i...
- Nepal suspends Central Bank Governor amid forex woesAdhikari, the Nepal Rastra Bank (NRB) Governor, was suspended on Friday after the government formed a panel headed by former Supreme Court ...
- HPCL Q4 results: Net plunges more than 99% hit by inventory losses, forex woesHPCL declared a final dividend of Rs 9.75 per share.
- Ship-breaking players to profit due to pressure on shipping industryWith the revival of steel demand and increasing supply of shipping vessels for scrapping, the ship-breaking companies in India, Bangladesh ...
- Forex reserve down for fourth week; falls by $1.24 billion to $417.7 billionForex reserve has plunged by over $8 billion in the last four weeks on falling rupee.
- Rupee appreciates 12 paise against dollar to 64.80The spurt in rupee was mostly because banks and exporters increasingly unwound their dollar bets.
- Rupee ends near 5-mth low vs US dollar; tumbles 49 paiseHeavy offloading in portfolios by foreign investors and global traders in the face of a resurgent dollar mainly led to fall in the rupee, f...
- Rupee ends 10 paise up at 63.51 against US dollarStrengthening for the third straight session, the rupee gained 10 paise to close at 63.51 against the US dollar on continued selling of the...
- RBI gets into the act to ease forex woesRBI is trying various measures to ease the situation in the currency markets even if it has not aggressively intervened to stabilise the va...
- Essar Oil: Forex loss adds to woes, but expansion to helpEssar Oil stumbled once again as it posted a net loss for the September ’11 quarter, after making profits for four consecutive quarters.
- Rupee expected to stay at 45.70-46.30 levelDebates about double-dip recession, euro zone banking woes and US economic problems triggered the recent selloff in global equities.
- Dollar slips against euro as economic hopes riseThe dollar slipped against the euro Monday as renewed confidence in the global economic recovery lured investors away from the relative saf...
- Swinging forex rates add to oil refiners’ woesSK Joshi, director (finance) of BPCL, tells ET’s Ram N Sahgal that exchange rates and product prices are equally important determinants of ...
- Forex kitty shrinks $600mn on Greek woesA slump in the value of euro against the US dollar due to sovereign credit crisis in Greece led to a $600-million shave-off of India’s fore...
- India loses $44 bn forex on global woesForex reserves have come down to around $250 billion, latest RBI figures indicate. Weekly Gainers: BSE Group A , Group B , NSE | Losers: BS...
- 'Invest forex reserves overseas to end Re rate woes'Continuing worries over the surging rupee has triggered the IT industry to recommend policy initiatives to manage forex inflows. Jumpy rupee
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