Tag: forex market

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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 [...]
Why Does The Dollar Impact The Entire Forex Market?

Why Does The Dollar Impact The Entire Forex Market?

The dollar is considered the global reserve currency. It is the most sought-after currency and is used throughout the world for commerce. According t [...]
China’s forex market transacts 21.58 trln yuan in May-Xinhua

China’s forex market transacts 21.58 trln yuan in May-Xinhua

BEIJING, June 21 (Xinhua) -- China's foreign exchange (forex) market recorded transactions worth 21.58 trillion yuan, equivalent to 3.09 trillion U [...]
Govt. branches give CBI new authorities to manage forex market

Govt. branches give CBI new authorities to manage forex market

TEHRAN - The heads of the three branches of the Iranian government have approved a resolution based on which the Central Bank of Iran (CBI) is given c [...]
CBI steps in to stabilize forex market

CBI steps in to stabilize forex market

TEHRAN – The governor of the Central Bank of Iran (CBI) said the bank has started taking the necessary measures to stabilize the foreign currency exch [...]
India forex reserves 4th largest globally, says RBI governor

India forex reserves 4th largest globally, says RBI governor

RBI governor Shaktikanta Das announced hike in repo rates for third time in a row.  India's forex reserves are the fourth largest globally, RBI gover [...]
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