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Rupee vs Dollar: Domestic Currency hits record low against US Dollar in afternoon trade

Rupee vs Dollar: Domestic Currency hits record low against US Dollar in afternoon trade

Thu, Nov 21, 2024

Rupee Vs Dollar: The rupee hit a record low against the US dollar in the second half of trading. The domestic currency opened at 84.42 against the US dollar and later plunged to a record low of 84.46 per dollar, marking a significant decline.

Rupee gains 1 paisa to 84.06 against US dollar in early trade

Rupee gains 1 paisa to 84.06 against US dollar in early trade

Mon, Oct 21, 2024

The rupee showed a recovery from its lower level and gained marginally by 1 paisa to 84.06 against the US dollar in early trade on Monday, tracking positive cues from domestic equity markets and a soft American currency.

Currency Market News, October 17: Rupee trades in narrow range vs dollar

Currency Market News, October 17: Rupee trades in narrow range vs dollar

Thu, Oct 17, 2024

The rupee opened at 84.01 against the greenback at the interbank foreign exchange.

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Asian shares near 15-month high, dollar soft on less hawkish Fed

Asian shares near 15-month high, dollar soft on less hawkish Fed

Tue, Mar 21, 2017

Japan`s Nikkei dropped 0.8%, weighed by financial stocks, which were hurt by lower U.S. yields and exporter stocks, which fell on the yen`s gains against the dollar.

Exporters sit with bated breath as Rupee outshines peer currencies

Exporters sit with bated breath as Rupee outshines peer currencies

Fri, Mar 17, 2017

Vinod Nair, Head Of Research at Geojit Financial Services said, "Risk will emerge if we continue to outperform other EMs in the long-term, whereas this is an intermediary phenomenon led by strong FIIs inflow post the overwhelming state election result which will stabilise in the near-term."

Gold falls below key level of $1,200 ahead of US jobs data, stronger dollar

Gold falls below key level of $1,200 ahead of US jobs data, stronger dollar

Fri, Mar 10, 2017

Prices of gold dropped below the key level of $1,200 an ounce on Friday to hit their lowest in over five weeks on back of a stronger US dollar ahead of US jobs data later in the day.

Rupee gains four paise against dollar in early trade

Rupee gains four paise against dollar in early trade

Fri, Mar 10, 2017

Indian rupee has gained four paise against the US dollar to 66.67 in early trade on Friday at the Forex market.

US President Donald Trump calls Chinese ''grand champions'' of currency manipulation

US President Donald Trump calls Chinese ''grand champions'' of currency manipulation

Fri, Feb 24, 2017

US President Donald Trump declared China the "grand champions" of currency manipulation on Thursday.

Nifty closes over 8,900-mark; Bharti Airtel top loser on BSE

Nifty closes over 8,900-mark; Bharti Airtel top loser on BSE

Tue, Feb 21, 2017

Axis Bank was the top gainer on both BSE Sensex and NSE Nifty after media reports said HDFC Bank, ICICI Bank and IndusInd Bank have approached the Government of India to acquire the Mumbai-based bank.

Gold steady on weaker dollar, set for third week of gains

Gold steady on weaker dollar, set for third week of gains

Fri, Feb 17, 2017

Gold prices held firm on Friday as the dollar hovered near one-week lows, keeping the metal on track for a third week of gains amid political uncertainties in the United States and Europe.

BSE down for second straight day; Tata Motors down 8%

BSE down for second straight day; Tata Motors down 8%

Wed, Feb 15, 2017

Asian stocks rose in early morning, as Wall Street recorded highs overnight after Federal Reserve Chair Janet Yellen commented in favor of an interest rate hike next month, while the dollar hovered near three-week highs.

Asian stocks and dollar firmer as Yellen hints at March rate hike

Asian stocks and dollar firmer as Yellen hints at March rate hike

Wed, Feb 15, 2017

Yellen said on Tuesday that the Fed will probably need to raise interest rates at an upcoming meeting in March, and that delaying rate increases could leave the Fed`s policymaking committee behind the curve.

China's January forex reserves fall more than expected to $2.998 trillion, near 6-year low

China's January forex reserves fall more than expected to $2.998 trillion, near 6-year low

Tue, Feb 07, 2017

China's foreign exchange reserves have fallen to $2.998 trillion in January as compared to a drop of $41 billion in December.

Rupee to weaken to record low over the coming year: Reuters poll

Rupee to weaken to record low over the coming year: Reuters poll

Tue, Feb 07, 2017

According to latest Reuters poll, India rupee is expected to sink to a record low in the coming year on expectations for a rise in the US dollar.

Sensex rallies 290 points, NSE up 54 points post Budget 2017

Sensex rallies 290 points, NSE up 54 points post Budget 2017

Wed, Feb 01, 2017

Investors cheered as Sensex and Nifty rose after the FM Arun Jaitely announced India's Union Budget 2017-18. At 1.19 pm, Sensex was trading at 27,879.65, up 223.69 points or 0.81%. It crossed 27,983-mark. While Nifty was trading at 8630.45, rising by 53.60 points or 0.63%.

Trade deficit may be in range of $100-110 billion by March-end: Report

Trade deficit may be in range of $100-110 billion by March-end: Report

Thu, Jan 26, 2017

Care Ratings has projected India's trade deficit in the range of $100-110 billion by the end of March this year.

China unveils fresh steps to curb capital outflows, spur inflows

China unveils fresh steps to curb capital outflows, spur inflows

Thu, Jan 26, 2017

Inorder to curb capital outflows and to boost foreign currency inflows of the country, China's foreign exchange regulator State Administration of Foreign Exchange (SAFE) has issued new guidelines in the latest step to ease pressure on the yuan currency.

Rupee depreciation remains a significant risk to India Inc

Rupee depreciation remains a significant risk to India Inc

Tue, Jan 24, 2017

In a report, India Ratings said that depreciation of rupee remains a significant risk for corporate balance sheets, although it may not derail the economic recovery, it could impact their credit profile.

Britain will leave European Union's single market, PM Theresa May says

Britain will leave European Union's single market, PM Theresa May says

Tue, Jan 17, 2017

Britain will leave the EU`s single market when it exits the European Union (EU), Prime Minister Theresa May said on Tuesday, putting an end to speculation that London might try to seek a "soft Brexit".

Government mulls easing foreign direct investment norm for single brand retail

Tue, Jan 17, 2017

The government is considering allowing 100% FDI through automatic route in single brand retail to attract a larger number of global players in the sector.

Limited room to reduce fiscal deficit to 3% in FY18: Moody's

Limited room to reduce fiscal deficit to 3% in FY18: Moody's

Mon, Jan 16, 2017

The government is likely to achieve its fiscal deficit target of 3.5% of GDP in the current fiscal but higher infrastructure spending will limit the room to reduce it further to 3% in 2017-18, Moody's said on Monday.

China weakens yuan following last week's jump

China weakens yuan following last week's jump

Mon, Jan 09, 2017

China`s yuan resumed its downward slide Monday as officials weakened its value against the dollar by the most in six months, having hiked it at the end of last week.

LIVE: Markets end in red; Nifty closes below 8,250-mark

Mon, Jan 09, 2017

Live updates of BSE Sensex and NSE Nifty. Top stocks, stocks in focus, top gainers and top gainers of the day.

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