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Rupee hits all-time low of 84.50 against the US dollar amid market volatility

Rupee hits all-time low of 84.50 against the US dollar amid market volatility

Thu, Nov 21, 2024

At the interbank forex market, the rupee opened at 84.41 and slipped to an intra-day low of 84.51 before settling at 84.50.

Goldman Sachs sees rupee weakening to 85.5-86 vs US dollar in 3-6 months: Report

Goldman Sachs sees rupee weakening to 85.5-86 vs US dollar in 3-6 months: Report

Thu, Nov 21, 2024

The rupeeslumped to an all-time low against the American currency on Thursday.

Rupee slides to all-time low at 84.42 against dollar

Rupee slides to all-time low at 84.42 against dollar

Tue, Nov 19, 2024

Indian rupee hit a record low of 84.42 against the U.S. dollar on Tuesday, driven by increased demand from foreign banks and importers, particularly domestic oil corporations.

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Dollar, Mexican peso, stocks sink as Donald Trump edges ahead

Dollar, Mexican peso, stocks sink as Donald Trump edges ahead

Wed, Nov 09, 2016

The US dollar sank and stock markets slammed into reverse in wild Asian trade on Wednesday as every new exit poll in the US presidential election showed the race to be a nail-biter, sending investors stampeding to safe-haven assets.

Egypt increases fuel prices after devaluation

Egypt increases fuel prices after devaluation

Fri, Nov 04, 2016

Fuel prices were to rise dramatically in Egypt on Friday after the central bank floated the currency to address a dollar crunch that has threatened to cause some imports to grind to a halt.

Forex reserve dips for second straight week to $366.1 billion

Forex reserve dips for second straight week to $366.1 billion

Fri, Oct 21, 2016

Since the start of year 2016, forex reserves had touched a new high week after week as RBI built up its reserves to prepare against externalities.

FCNR redemptions: Rupee keenly watched as forex reserves drop highest since 2013

FCNR redemptions: Rupee keenly watched as forex reserves drop highest since 2013

Wed, Oct 19, 2016

The impact is likely to be seen on Indian Rupee as Hariprasad MP , Senior Vice President and Head Treasury at Centrum Limited said, “The FCNR redemption outflow will have a short term impact on the Rupee, more so sentimentally.”

Gold steady on weaker dollar, firmer stocks cap gains

Gold steady on weaker dollar, firmer stocks cap gains

Tue, Oct 18, 2016

China is marketing its yuan gold price to foreign exchanges and Singapore is looking at bringing London`s gold benchmark to users in Asia, in moves meant to boost the region`s exposure and influence in the global bullion market.

Key Indian equity indices open flat

Key Indian equity indices open flat

Mon, Oct 17, 2016

The wider 51-scrip Nifty of the National Stock Exchange (NSE) was also trading 19 points or 0.22 per cent higher at 8,602.40 points.

Asian shares fall, dollar at 7-month high after Yellen comments

Asian shares fall, dollar at 7-month high after Yellen comments

Mon, Oct 17, 2016

Yellen said on Friday the Fed may need to run a "high-pressure" economy in order to reverse damage from the global financial crisis that depressed output.

Asia stocks weak, dollar shines as rate view unchanged; China eyed

Asia stocks weak, dollar shines as rate view unchanged; China eyed

Thu, Oct 13, 2016

Asian stocks held near three-week lows and the greenback consolidated recent gains on Thursday after minutes of the last U.S. Federal Reserve policy meeting indicated a December rate increase was still on the cards.

Asia shares slip as U.S. earnings disappoint, dollar gains

Asia shares slip as U.S. earnings disappoint, dollar gains

Wed, Oct 12, 2016

"The markets had relied on expectations of monetary stimulus for a long time but that is changing with bond yields rising around the world. You have rising interest rates and falling EPS. That`s obviously bad for stocks," said Norihiro Fujito, senior investment strategist at Mitsubishi UFJ Morgan Stanley Securities.

Pound slumps to 31-year low versus dollar

Pound slumps to 31-year low versus dollar

Tue, Oct 04, 2016

"It seems that it is going to be hard to provide a tourniquet for sterling`s recent wounds given the solidity of the newly announced Brexit timeline," said Connor Campbell, analyst at traders Spreadex.

IMF includes China's yuan in elite club of reserve currencies

IMF includes China's yuan in elite club of reserve currencies

Sat, Oct 01, 2016

The yuan joins the US dollar, the euro, the yen and British pound in the IMF's special drawing rights (SDR) basket, which determines currencies that countries can receive as part of IMF loans.

Asian stocks slip as Deutsche Bank drags Wall Street

Asian stocks slip as Deutsche Bank drags Wall Street

Fri, Sep 30, 2016

Japan`s Nikkei retreated 1.5% after sluggish consumption data.

Oil prices rise on surprise OPEC deal to curb output

Oil prices rise on surprise OPEC deal to curb output

Thu, Sep 29, 2016

Oil prices extended gains after rising nearly 6% on Wednesday after OPEC struck a deal to limit crude output.

Asian stocks bounce amid US presidential debate

Asian stocks bounce amid US presidential debate

Tue, Sep 27, 2016

Japan's Nikkei more than halved its losses to be down 0.4%.

Asian shares rally as US Fed keep rates unchanged

Asian shares rally as US Fed keep rates unchanged

Thu, Sep 22, 2016

The yen had gained broadly after the BOJ`s shift to yield curve control

Asian stocks waver as investors await US Fed, Bank of Japan meet

Asian stocks waver as investors await US Fed, Bank of Japan meet

Tue, Sep 20, 2016

MSCI`s broadest index of Asia-Pacific shares outside Japan was slightly lower in early trading, after major US indexes ended a choppy session nearly flat.

Asian stocks fall to 6-week lows as bond rout intensifies

Asian stocks fall to 6-week lows as bond rout intensifies

Wed, Sep 14, 2016

The MSCI`s broadest index of Asia-Pacific shares outside Japan slid 0.2%, extending its decline since late last week to 4.2%.

Asian shares, bonds skid by US Fed Reserve risks

Asian shares, bonds skid by US Fed Reserve risks

Mon, Sep 12, 2016

Shanghai followed with a fall of 1.5%, while Australian stocks sank 2%.

Nifty slips below 8,900-mark; Sensex down over 200 points

Nifty slips below 8,900-mark; Sensex down over 200 points

Fri, Sep 09, 2016

The rupee opened lower by 14 paise at 66.57 against US Dollar as against the previous close of 66.41.

Asian shares slip after ECB disappointment, oil prices jump

Asian shares slip after ECB disappointment, oil prices jump

Fri, Sep 09, 2016

With the ECB out of the way, the focus will shift back to the Fed's policy meeting later this month.

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