Yen slides past 163, raising intervention alertThe yen is near a four-decade low as the dollar strengthens broadly. Rising oil prices and U.S. Treasury yields are supporting the dollar's...
Rupee rallies 21 paise to 96.24 against US dollar on lower oil prices and forex inflowsThe rupee strengthened by twenty-one paise, closing at ninety-six point twenty-four on Tuesday. Lower oil prices reduced demand for the US ...
ICICI Bank eyes $500 million dollar bond issue via GIFT CityICICI Bank is close to raising at least $500 million through five-year dollar bonds via its GIFT City unit, leveraging the RBI’s concession...
Rupee value is market-driven, has no target band against US dollar: FM SitharamanFinance Minister Nirmala Sitharaman stated the rupee's value is market-determined. The Reserve Bank of India monitors foreign exchange mark...
Dollar wavers as markets grapple with Gulf tensionsThe US dollar hovered near a one-week high as investors weighed escalating Middle East tensions against hopes for a ceasefire. Concerns ove...
JPMorgan, other US banks set to help finance Japan's $550 billion US investment plan, sources sayJPMorgan and other US banks are close to agreeing on financing support for projects under Japan’s $550 billion US investment pledge, accord...
Dollar near one-week high as markets grapple with Gulf tensionsThe U.S. dollar held near a one-week peak as Middle East conflicts created energy supply fears. Markets also watched inflation risks as oil...
Rupee hits two-month low despite RBI intervention as crude oil surge weighsThe Indian rupee fell to a two-month low against the dollar on Monday. This decline occurred despite significant interventions by the centr...
India vs US real estate: Transparency, legal protection, fraud risks, and what NRIs should consider before buying propertyIt is relatively easier to reliably buy or sell property in the United States, compared to the process in India, which can be fraught with ...
NRI insurance: Benefits, risks, and features of GIFT City’s dollar-denominated insurance plansMany companies—including HDFC Life International, ICICI Prudential Life, ICICI Lombard, Star Union Dai-ichi Life, IndiaFirst Life and Tata-...
Dollar firmer as US-Iran conflict intensifies, Brent hits $90The dollar strengthened against global peers as Middle East tensions escalated. Oil prices surged and investor confidence remained fragile ...
Rupee rises 14 paise to 96.28 against per US dollarThe rupee edged up fourteen paise against the US dollar in early trade on Friday. Positive domestic equity markets supported the local unit...
D-St set for a cautious opening as GIFT Nifty signals muted startIndian benchmark indices opened positively but traded within a narrow range. Market participants remained cautious due to the weekly Sensex...
Rupee slips 6 paise to 96.31 against US dollar in early tradeThe rupee weakened against the US dollar due to global crude oil volatility and a stronger greenback. Foreign institutional investor outflo...
Rupee's fall past 96/USD erases rally spurred by dollar inflow measuresThe rupee weakened past 96 against the dollar on Tuesday. This decline occurred as oil prices saw a sharp increase this week. Tensions in t...
US Stock Market: Dollar rally gains support as global pension funds unwind FX hedges, easing pressure on greenbackMajor pension funds are reducing currency hedges, which supports the U.S. dollar's rally. This shift occurs as hedging costs rise due to wi...
Rupee's forex boost fades fast, may trade at 96 levelsThe Indian rupee has weakened against the US dollar after recent gains. Renewed US-Iran tensions have pushed crude oil prices higher global...