The Indian rupee weakened further by 11 paise against the US currency to close at its weakest level in nearly five months on Thursday ami...Read More
Mumbai: The rupee appreciated 15 paise to 74.59 against the US dollar in opening trade on Wednesday tracking positive Asian currencies an...Read More
While signing contracts with aircraft leasing firms or aircraft maintenance firms, airlines generally have to agree to make payments in U...Read More
The US dollar declined in late trading on Tuesday as plans to ease restrictions on businesses boosted risk appetite and reduced demand fo...Read More
The Indian rupee rose by 7 paise to close at 76.18 (provisional) against the US dollar on Tuesday, tracking positive domestic equities an...Read More
Forex traders said weak opening in domestic equities dragged the local unit amid mounting fears of a coronavirus-led economic slowdown.
Forex traders said, the domestic unit was trading higher ahead of the media briefing by RBI Governor Shaktikanta Das.
According to Health Ministry, coronavirus cases in India has touched 169.
At the interbank foreign exchange the rupee opened at 73.10, then gained further ground and touched a high of 72.90 against the US dollar.
Sustained foreign fund outflows and subdued equities also put pressure on the rupee
However, a strong US dollar against major global currencies capped gains of the domestic unit, dealers said.
Forex traders said the weakness in the rupee was largely due to spurt in crude oil prices following rising tensions in the Middle East an...Read More
The dollar index, which measures the greenback against six major peers, fell 0.26 per cent at 97.1724 in late trading.
Mumbai: The rupee rose by 12 paise to close at a more than one-month high of 70.92 against the US dollar on Tuesday amid softening crude ...Read More
Mumbai: Continuing its northward surge, India's forex kitty has swelled by USD 1.039 billion to a new life-time high of USD 440.751 billi...Read More
Domestic bourses opened on a positive note on Wednesday with benchmark indices Sensex trading 133.04 points up at 37,278.49 and Nifty up ...Read More
Mike Hunter said that the opioid epidemic in Oklahoma has caused more than 6,000 deaths over the past 20 years
By FPJ Bureau
The rupee on Monday declined by 36 paise to close below the 72 level against the US currency for the first time in nine months, hit by a ...Read More
By FPJ Web Team
In what can be termed a worst case scenario, the Asian currency, Indian rupee, has been falling down since July 31 and reached 71.56 agai...Read More
Mumbai: The rupee opened on a weak note and declined by 4 paise to 68.79 against the US dollar in opening trade on Tuesday, amid sustaine...Read More