December 26, 2023 04:04 PM ISTA positive equity market sentiment and softer crude oil prices, however, provided a cushion and restricted the fall in the Indian currency, forex traders said.
December 22, 2023 09:08 AM IST Indian rupee opened little changed against US dollar even as Asian currencies were trading higher.
December 15, 2023 05:57 PM IST The cohort are essentially making a bet that the Reserve Bank of India will continue to keep a tight grip on the currency as it seeks to contain volatility and slow its decline past a record low
December 15, 2023 09:21 AM IST The rupee rose by 13 paise on December 14 but lost ground due to the ongoing dollar buying pressure
December 08, 2023 03:30 PM IST Ignoring the yuan’s rise because of China's recent economic troubles might be a mistake. Thanks to the country’s cumbersome capital controls, sending cash out of China has always been problematic and unpredictable. But that is poised to change now as the country takes small steps towards full capital account convertibility
December 08, 2023 09:14 AM IST Ahead of the RBI's monetary policy announcement today, expectations suggest it will likely maintain the status quo.
December 07, 2023 09:56 AM IST The RBI meeting began on December 6 to review the country’s monetary policy
November 24, 2023 04:50 PM IST The rupee ended at 83.3675 against the US dollar, lower by 0.03% compared with its close at 83.3425 in the previous session.
October 30, 2023 04:27 PM IST The rupee closed at 83.25, little changed from its close at 83.2450 in the previous session. The currency traded in a narrow 83.2450 to 83.27 range in the spot session.
October 27, 2023 05:58 PM IST In the previous reporting week, the overall reserves had increased by USD 1.153 billion to USD 585.895 billion.
October 27, 2023 11:06 AM IST Central banks in Asia are entertaining muscular tactics to shore up faltering currencies. Letting currencies weaken too much can jeopardise financial stability and fuel inflation. Indonesia got the message. Now other countries like Malaysia and South Korea may follow suit
October 26, 2023 03:59 PM IST Forex markets were closed on Tuesday on account of Dussehra. Analysts attributed the strengthening dollar to a record rise in the US Treasury yields after positive data on home sales in the US on Wednesday.
October 26, 2023 10:25 AM IST US bond yields have reached the highest level since 2007. Interestingly, in a break from tradition, gold and crude prices are also rising along with the yields, thanks to the global geopolitical uncertainties.
October 23, 2023 04:18 PM IST Easing crude oil prices and a flat greenback in the overseas markets helped cap the rupee's fall, forex dealers said.
October 19, 2023 04:29 PM IST The Indian currency came close to testing its record low of 83.29, hit in October 2022, towards the end of the spot trading session.
October 17, 2023 08:29 AM IST In this episode of Market Minutes, Lovisha Darad discusses about how the markets are expected to fare amid the second quarterly earnings season. HDFC Bank and Jio Financial Services reported positive net profit growth year-on-year (YoY) in Q2FY24 on October 16. So will this instill some strength in equity markets ailing from Israel-Gaza war and boiling crude prices? On October 17, all eyes will be set on Q2 results of Bajaj Finance. Also, catch Jigar Trivedi of Reliance Securities on Voice of the Day segment. Market Minutes is a morning podcast that puts the spotlight on hot stocks, key data points, and developing trends.
October 13, 2023 08:35 AM IST Non-deliverable forwards indicate rupee will open at around 83.25 to the U.S. dollar, just short of its record low of 83.29, and nearly unchanged from the previous session.
October 13, 2023 06:33 AM IST U.S. consumer prices were pushed higher by a jump in rental costs in September, data showed on Thursday.
October 06, 2023 09:18 AM IST Meanwhile, Asian currencies are trading weaker after dollar gains as traders await US non farm payrolls to confirm whether the labour market is softening
October 06, 2023 12:00 AM IST The $5 bill had been Australia's only remaining bank note to still feature an image of the monarch.
October 04, 2023 09:14 PM IST The dollar did retrace some of its losses after U.S. factory orders gained 1.2% in August, compared with expectations of a 0.2% rise.
October 04, 2023 09:16 AM IST The latest US Job Openings report surprised with a rise of approximately 9.6 million openings, raising concerns of another rate hike by the Fed that sent treasury yields to a 16-year high
September 28, 2023 03:06 PM IST Chinese Yuan has slumped around 6 percent during this time. In comparison, the Indian rupee has slipped only marginally by 0.5 percent against US dollar YTD.
September 26, 2023 10:28 PM IST According to a recent World Bank report, the economy steeped in unemployment and abject poverty of the vast majority is now facing deflation.
September 25, 2023 05:43 PM IST The Japanese currency remained within striking distance of 150, a level which some market watchers saw as a line in the sand that would spur forex intervention from Japanese authorities similar to that of last year.
