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POUND EURO TRENDS
Why are oil prices up now, and will Brent, US WTI crude rates continue to rise or drop again? Global markets react to Iran war, UAE exit from OPEC, and AI stock worriesWhy are oil prices up now, and will Brent, US WTI crude rates continue to rise or drop again? Oil prices climbed as the Iran conflict disru...
Rupee and dollar movement to keep IT margins on edgeThe rupee's recent depreciation against the US dollar has boosted Indian IT companies' profitability in Q3 2024. However, the unpredictable...
TCS growth to stay strong in Q2; a firm dollar will helpIn rupee terms, revenue is likely to grow at a higher rate of 4.7% to ₹55,221.9 crore helped by a 3.2% average depreciation in the rupee du...
TCS Q1 dollar revenue growth expected to be lower amid cross currency headwindsAccording to the average of the estimates by ETIG and eight brokerages, the dollar-denominated revenue of TCS is expected to grow by 1.9% s...
View: Rupee may trade in 71.00-71.80 rangeMarket participants are closely tracking FII flows, as it has curtailed weakness in the rupee.
View: Rupee set to trade in 71.50-72.20 rangeThis week the focus will be on GDP and fiscal deficit numbers.
Rupee bounces to 1-week high as dollar rally cools, up 15 paise to 68.79The forex market witnessed a highly volatile session, with the home currency falling initially before staging a comeback.
Rupee takes U-turn, jumps 30 paise to 68.08 a dollarThe home currency also regained strength against the euro, British pound and Japanese yen.
How currency will help companies to earn betterTrading begins Tuesday on the National Stock Exchange (NSE) and the competing Bombay Stock Exchange (BSE).
Rupee down for the third day vs dollar; ends at fresh 1-month lowThe rupee resumed sharply lower at 62.26 as against yesterday's close of 62.19 at the Interbank Foreign Exchange (Forex) market here.
- June 13, 2014: Mecklai Financial report on Rupee
Cable gained with strong momentum and made a high of 1.6958 closing near days high at 1.6955 against US dollar up by 0.41% as making 2 week...
- Rupee dips by 32 paise against US dollar
Strong demand for the US dollar from importers to meet their month-end requirement weakened the rupee by 32 paise against the American curr...
- Rupee falls by 32 paise to one-month low against dollar
The rupee on Wednesday depreciated sharply by 32 paise to close at more than one-month low of 44.93/94 against the US currency on dollar bu...
- US dollar ends sharply dearer against Rupee
Dealers said sustained dollar demand from banks & corporates on the back of rise in global market mainly affected the rupee value. Q4 Earni...
- Rupee stays in step with Sensex, up 7.50 paise
Snapping two days of a losing streak, the Indian rupee today rose by 7.50 paise to close at 48.4450/4550 against the US currency, triggered...
- Euro rises versus dollar
The euro rose against the dollar and remained close to parity versus sterling on Wednesday, the final trading day of 2008.
- Rupee gains 4 paise at 43.26/27 against a US dollar
The rupee gained four paise against the greenback at 43.26/27 amidst a weakening trend in local stock markets and mild selling of US dollar...
- Dollar ends cheaper against rupee, gold scales new peak
The US dollar ended sharply cheaper against the rupee at Rs 39.78/79 while soaring crude oil prices and falling dollar pushed gold to an al...
- Rupee steady; Gold slips
The rupee US ruled steady at Rs 39.28/29 per dollar at the close of the Interbank Foreign Exchange market.
- RBI may have to diversify currency reserves
For the Reserve Bank of India (RBI), which holds a bulk of its foreign currency assets in US dollars, a weak dollar or a strong rupee also ...