Tag: forex market

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Dollar: Dollar languishes ahead of Fed meeting, Asian currencies calmer

Dollar: Dollar languishes ahead of Fed meeting, Asian currencies calmer

TOKYO, - The dollar steadied on Wednesday before a Federal Reserve meeting to determine policy for an uncertain economy and as major investors in Asia [...]
Rupee snaps 9-day rally, slips 12 paise to 85.75 amid dollar demand

Rupee snaps 9-day rally, slips 12 paise to 85.75 amid dollar demand

The Indian rupee Tuesday snapped a remarkable, unidirectional nine-day rally mimicking the turnaround in the fortunes of Mumbai equities, shedding 12 [...]
Rupee snaps 9-day rally, slips 12 paise to 85.75 amid dollar demand

Rupee snaps 9-day rally, slips 12 paise to 85.75 amid dollar demand

The Indian rupee Tuesday snapped a remarkable, unidirectional nine-day rally mimicking the turnaround in the fortunes of Mumbai equities, shedding 12 [...]
Economist: Make forex earnings a top priority

Economist: Make forex earnings a top priority

Financial Economist Dr Vaalmiki Arjoon says despite who wins the upcoming general election, the new government needs to make forex earnings a top prio [...]
Rupee depreciation: A triple attack on rupee

Rupee depreciation: A triple attack on rupee

A huge selloff by the foreign institutional investors since October 2024 led to an increase in dollar demand in financial markets, putting pressure on [...]
US dollar recovers as markets in consolidation mode; pares gains after data

US dollar recovers as markets in consolidation mode; pares gains after data

The U.S. dollar rose against a broad range of currencies on Friday, partly retracing losses versus the yen as investors consolidated positions ahead o [...]
Rupee logs best single-day gain since late Nov to close at 85.71 against US dollar

Rupee logs best single-day gain since late Nov to close at 85.71 against US dollar

The Indian rupee logged its biggest single day gain since late November, to close at 85.71 per US dollar on Tuesday, up 12 paisa from its previous clo [...]
Central Bank publishes list of authorised forex dealers

Central Bank publishes list of authorised forex dealers

Amidst reports and claims of an “inequitable distribution” of foreign exchange and an increase in the black market procedures for the same, the Centra [...]
Dollar dips as US voters head to polls

Dollar dips as US voters head to polls

The U.S. dollar fell as U.S. voters headed to the polls on Tuesday, with the results of the elections likely to decide at least the near-term fate of [...]
India Foreign Exchange Reserves: Forex Reserves jump to an all-time high of $655.8 billion

India Foreign Exchange Reserves: Forex Reserves jump to an all-time high of $655.8 billion

India's foreign exchange reserves jumped $4.307 billion to touch a new lifetime high of $655.817 billion during the week that ended June 7, official d [...]
Rupee edges up 1 paisa to 83.02 against US dollar in early trade

Rupee edges up 1 paisa to 83.02 against US dollar in early trade

Mumbai, The rupee edged up 1 paisa to 83.02 against the US dollar on Wednesday ahead of the announcement of the key US Fed policy decision later in th [...]
Rupee falls 3 paise to settle at 83.19 against US dollar

Rupee falls 3 paise to settle at 83.19 against US dollar

The rupee slipped 3 paise to settle at 83.19 (provisional) against the US dollar on Tuesday amid a strong American currency and outflow of foreign fun [...]
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