Tue, Aug 14, 2018
Despite its early gains, the rupee again collapsed to a life-time low of 70.09 against the US dollar, falling 16 paise amid fears that Turkish economic crisis could lead to a global financial meltdown. At the interbank foreign exchange market, the rupee was trading higher by 0.21 percent at 70.07 against US dollar at 10.37 am.
More >
Thu, Jun 28, 2018
However, India, China, Brazil, Mexico and Russia are among the "least vulnerable" to currency pressures, it said. "Large savings channelled through the financial sector allows these economies to largely fund themselves domestically, thereby lowering exposure to volatile portfolio flows," Moody's said.
Wed, May 16, 2018
Bonds had opened down after India’s core inflation surged to a 44-month high of 5.9% in April amid a sharp rise in oil prices above $78 per barrel. Brent forward futures for July delivery traded 0.98% higher at $79 per barrel at the close of trade on Tuesday. According to dealers, if international crude oil prices jump beyond $80 per barrel in the overnight trades, 10-year yield could test 8% today. Bond was hit as oil prices surged to over four-year high of $79 per barrel, dealers said.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
