[ad_1] Representational image only. | Photo Credit: The Hindu The Rupee gained 36 paise to 82.24 against the U.S. dollar in early trade on March 3 as fresh foreign fund inflows and a positive trend in domestic equities strengthened investor sentiments. At the interbank foreign exchange, the domestic unit opened at 82.28 against the dollar, […]
Continue Reading
[ad_1] File image. | Photo Credit: PTI The Reserve Bank of India (RBI) net sold $33.42 billion in the foreign exchange market in the first six months of current fiscal to defend the rupee from excessive volatility. The Central Bank closely monitors the foreign exchange markets and intervenes only to maintain orderly market conditions by […]
Continue Reading
[ad_1] Nirmala Sitharaman says the RBI and the Finance Ministry are keeping a very close watch on the situation Nirmala Sitharaman says the RBI and the Finance Ministry are keeping a very close watch on the situation Finance Minister Nirmala Sitharaman on Saturday said the rupee has “held back very well” against the United States […]
Continue Reading
[ad_1] At the interbank foreign exchange market, the domestic currency opened weak at 79.50 per dollar At the interbank foreign exchange market, the domestic currency opened weak at 79.50 per dollar The rupee fell 40 paise to close at 79.64 (provisional) against the U.S. dollar on Monday amid waning risk appetite among investors. Lower global […]
Continue Reading
[ad_1] At the interbank Forex market, the local unit opened at 79.73 against the greenback At the interbank Forex market, the local unit opened at 79.73 against the greenback The rupee pared its initial gains to settle flat on July 26 amid muted domestic equities, firming crude oil prices and concerns over the hawkish U.S. […]
Continue Reading