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Rupee turns flat at 84.42 against US dollar in early trade

Rupee turns flat at 84.42 against US dollar in early trade

Thu, Nov 21, 2024

At the interbank foreign exchange, the rupee opened at 84.41 and slipped further to 84.42 against the greenback, trading at its previous closing level in early deals.

Currency Market News, October 24: Rupee turns flat at 84.07 against US dollar

Currency Market News, October 24: Rupee turns flat at 84.07 against US dollar

Thu, Oct 24, 2024

The local currency has been struggling to recover since October 11, when it closed at its lowest level of 84.10 against the dollar.

Currency Market News: Rupee trades in narrow range against US dollar

Currency Market News: Rupee trades in narrow range against US dollar

Tue, Oct 15, 2024

At the interbank foreign exchange, the rupee opened at 84.06 against the greenback and traded in a tight range.

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Currency Futures: Know the outlook, trading strategy from experts

Currency Futures: Know the outlook, trading strategy from experts

Tue, Dec 01, 2020

The Indian stock markets have been in a buoyant mood helping the cause of the Indian Rupee (INR), Senior Technical Analyst Anuj Gupta said. Gupta, who is a Deputy Vice President, Commodity and Currency Research at Angel Broking said that the rupee is expected to gain from here

Currency Watch! GDP boost, flow cushion to strengthen rupee

Currency Watch! GDP boost, flow cushion to strengthen rupee

Sun, Nov 29, 2020

Better-than-expected Q2FY21 GDP figures along with consistent foreign fund inflows are expected to strengthen the rupee during the truncated trade week ahead.

Bitcoin on record run, crosses $18,000 mark: Can it cross the 20k mark?

Bitcoin on record run, crosses $18,000 mark: Can it cross the 20k mark?

Thu, Nov 19, 2020

The last time bitcoin went to an upward tragedy, the entire world was talking about. It’s 2020 and things are strange. Almost no one is paying attention and the currency is on a record run again.

Rupee strengthens for 2nd straight day, settles 28 paise higher at 74.08/USD

Rupee strengthens for 2nd straight day, settles 28 paise higher at 74.08/USD

Sat, Nov 07, 2020

Weakness in American currency against its key rivals and significant foreign fund inflows also boosted investor sentiment, traders said

Strong equity, bond inflows to strengthen rupee

Strong equity, bond inflows to strengthen rupee

Sun, Oct 18, 2020

Strong foreign fund inflows for domestic equity as well as bond markets are expected to strengthen the Indian rupee in the short run.

Indian rupee retreats from 6-month high

Indian rupee retreats from 6-month high

Mon, Aug 31, 2020

The Indian rupee retreated from near six-month highs on Monday afternoon after reports of fresh border tensions with China came to light, said traders. Indian Army said it had foiled an attempt by Chinese troops to change the status quo on LAC in a fresh flare-up

Rupee surges 14 paise to 73.25 against US dollar in early trade

Rupee surges 14 paise to 73.25 against US dollar in early trade

Mon, Aug 31, 2020

The rupee appreciated 14 paise to 73.25 against the American currency in early trade on Monday tracking weak US dollar and sustained foreign fund inflows into the domestic equity market. Forex traders said heavy buying in domestic equities, and strong Asian currencies also aided the positive trend in the local unit

GDP numbers, Rupee, auto sales data fresh triggers for markets this week: Analysts

GDP numbers, Rupee, auto sales data fresh triggers for markets this week: Analysts

Mon, Aug 31, 2020

Domestic equity bourses in the coming week will be guided by Q1 GDP print, infrastructure output data for July and monthly auto sales numbers, which together will give an indication about the health of the economy, analysts said

India's forex reserves rises by over $2 billion

India's forex reserves rises by over $2 billion

Sun, Aug 30, 2020

India's foreign exchange reserves jumped higher by $2.296 billion, during the week ended August 21.

Currency alert! 5-month high - How liquidity gush in stock markets powered rupee to break the 74-mark

Currency alert! 5-month high - How liquidity gush in stock markets powered rupee to break the 74-mark

Sun, Aug 30, 2020

A liquidity gush in the stock markets powered rupee to break the 74-mark as it ended at 73.80 to a dollar, making it the strongest currency in the past three months, closing at a five-month high.

Global cues, Q1 GDP expectations to make rupee volatile: Experts

Global cues, Q1 GDP expectations to make rupee volatile: Experts

Sun, Aug 23, 2020

Optimism over the development of Covid-19 vaccine along with broad-based growth trends is expected to induce volatility in the rupee's value during the short term.

Have soiled currency notes? Regret the loss? Worry not, exchange them for brand new ones; here is how

Tue, Jul 07, 2020

No bank branch can refuse to accept small denomination notes and / or coins tendered at their counters. All coins in the denomination of 50 paise, ₹ 1/-, 2/-, 5/-, 10/- and 20/- of various sizes, theme and design issued from time to time by the Government of India continue to be legal tender

Strict action taken on handling cash! This is what banks have been asked to do with currency notes

Strict action taken on handling cash! This is what banks have been asked to do with currency notes

Thu, Apr 02, 2020

Strict action has been taken on recycling of inward currencies in the wake of coronavirus outbreak in India. That means currency notes will not be sent back into the financial space in order to safeguard the public

Have fear of fake news? Crackdown coming! What government is set to do

Have fear of fake news? Crackdown coming! What government is set to do

Thu, Apr 02, 2020

Fake news crackdown: The Centre on Wednesday announced creation of a web portal where people can verify facts and unverified news promptly, and also advised the states and Union Territories (UTs) to create a similar mechanism.

China wants to ban Bitcoin for wasting resources

China wants to ban Bitcoin for wasting resources

Fri, Apr 12, 2019

Bitcoin, the digital currency may be considered as revolutionary for the economies but China thinks otherwise. The country is proposing to ban the practice of mining the cryptocurrency for wasting resources. The National Development and Reform Commission, the country's chief planning regulator, is proposing to ban Bitcoin mining, which it says has seriously wasted resources, Engadget reports.

What lies ahead for Rupee? Lok Sabha election, RBI, Indian markets to decide

What lies ahead for Rupee? Lok Sabha election, RBI, Indian markets to decide

Wed, Mar 27, 2019

Earlier CLSA pointed that, rupee has gained 7% from its all-time lows made in October 2018.

Did you come across Re 1, Rs 2, Rs 5, Rs 10 fake coins? This is how you can detect real one

Did you come across Re 1, Rs 2, Rs 5, Rs 10 fake coins? This is how you can detect real one

Sat, Mar 09, 2019

Many news agencies have reported about Rs 5 and Rs 10 fake coins circulation as well.

Zimbabwe plans new currency as dollar shortage bites: Finance Minister

Zimbabwe plans new currency as dollar shortage bites: Finance Minister

Sat, Jan 12, 2019

The southern African nation abandoned its own hyperinflation-wrecked currency in 2009 at the height of an economic recession, adopting the greenback and other currencies including sterling and the South African rand .

From Demonetisation low, currency with public doubles, hits record at over Rs 18 lakh cr

From Demonetisation low, currency with public doubles, hits record at over Rs 18 lakh cr

Sun, Jun 10, 2018

Currency with the public has reached a record high level of over Rs 18.5 lakh crore, more than double from a low of about Rs 7.8 lakh crore it had hit post-demonetisation decision in late 2016, as per RBI data.

Asia shares near decade highs, currencies tread water

Asia shares near decade highs, currencies tread water

Mon, Nov 06, 2017

Asian shares hovered near decade highs on Monday as strong U.S. economic data and corporate earnings supported global stocks while major currencies held in tight ranges as investors focussed on U.S. President Donald Trump`s tour of Asia this week.

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