In response to a solid U.S. economy and expectations of higher inflation, The Federal Reserve has raised a key interest rate by 25 basis points to between 0.50 per cent and 0.75 per cent on
The Ministry of Commerce and Industry has circulated a cabinet note proposing the setting up of a ‘formal institutional mechanism’ to determine the right value of the rupee.
London: As concern grew over the potential economic costs of Britain's vote to bring its country out of the European Union, European stocks and the pound fell further today, adding to Friday's record one-day decline.
Los Angeles:The iconic home of Mickey Mouse said on Wednesday it would no longer print and sell its beloved currency, the Disney dollar, sparking a buying frenzy among collectors. The distinctive bills, each featuring iconic
New Delhi: In a volatile market, the rupee snapped its 2-day losing streak against the American currency by recovering four paise to 67.90 per dollar on fresh selling of dollars by banks and exporters despite
Mumbai: A strengthening US dollar and selling activity by the country's central bank plunged India's foreign exchange reserves (Forex) kitty by $1.68 billion, experts said on Saturday.According to the Reserve Bank of India's (RBI) weekly
Mumbai: The rupee tumbled by 19 paise to end at more than two-year low of 66.76 against the US dollar on month-end demand for the American currency from importers and some banks.Besides, persistent foreign capital
Mumbai: Snapping its two-day losing streak, the rupee today recovered by 4 paisa to close at 64.93 per dollar on fag-end selling of the American currency by banks and exporters amid lower greenback overseas.The rupee
Mumbai: In a choppy trade, the rupee ended barely steady against the American currency at 64.97 per dollar at the Interbank Foreign Exchange market.The rupee opened marginally lower at 64.97 per dollar as against the
Mumbai: The rupee depreciated by 18 paise to 66.28 against the US dollar at the Interbank Foreign Exchange in early trade today due to fresh dollar demand from importers.The dollar strengthened against major world currencies
Mumbai: The rupee recovered by 26 paise to 66.39 against the dollar at the Interbank Foreign Exchange in early trade today on fresh selling of the US currency by banks and exporters.Dealers said fresh selling
New Delhi: Gold prices fell globally to near a five-and-a-half year low on Thursday as the dollar strengthened ahead of US economic data, but in India, the price varied between five and five-and-a-half year low.The
Chennai: Prices of gold may slide down further to around Rs.23,500-Rs.24,000-23,500 per 10 grams considering the current rupee-dollar conversion, said analysts.In the Indian market, gold could fall in the range of Rs.23,500-Rs.24,000 considering the current rupee-dollar
Mumbai: The rupee strengthened by 4 paise to 63.35 against the US dollar in early trade today at the Interbank Foreign Exchange on selling of American currency by exporters.A fall in dollar against major world
Mumbai: The rupee depreciated by 9 paise to trade at 63.48 against the dollar due to fresh demand from importers and gains in the American currency against major currencies globally.At the Interbank Foreign Exchange,the domestic
Mumbai: The rupee strengthened by 6 paise to 63.33 against the US dollar in early trade today at Interbank Foreign Exchange after the greenback weakened overseas after Greece submitted a fresh bailout plan. Besides, selling
MUMBAI : Rising for the sixth straight day, the rupee strengthened by 8 paise to 63.32 against the dollar in early trade on Tuesday at Interbank Foreign Exchange on sustained selling of the American currency
New Delhi : After four days of rise, the rupee turned weak and declined by 18 paise to 63.62 against the US currency in early trade today at the Interbank Foreign Exchange due to the
Mumbai : The rupee fell marginally by 5 paise to 63.66 against the US dollar in early trade today due to appreciation of the American unit against other currencies overseas on the back of strong
Mumbai : The rupee depreciated 4 paise to 63.68 against the US dollar in early trade today at the Interbank Foreign Exchange due to appreciation of the American currency overseas.On the other side, The NSE
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