Gold importers retreat as rupee weakens The Times Of India MUMBAI: Gold importers in India, the world's biggest consumer of the metal, retreated as a weaker rupee limited the downside in prices, despite weak overseas markets. | After a 50 per cent import duty hike to 6 per cent on January 21, the Reserve Bank of India last week recommended putting curbs on ...
Rupee up 9 paise at 53.04 Vs dollar The Hindu Breaching the 53-mark in its opening trade, the rupee today strengthened to 52.90 against the dollar on positive domestic and Asian equity markets. It had closed at a near four-month high of 53.13 on Tuesday. | The Indian unit fell to 53.07 per dollar in the early trade on mild dollar demand. At 10 ...
Rupee slips a tad The Hindu The rupee ended slightly higher at 53.82 as the dollar index weakened against world’s major currencies. The local unit had closed at 53.85 to a dollar on Tuesday. | The weak trade data, which showed India’s trade deficit at $20 billion, d...
Government may target 400 billion rupees from stake sales in budget: Source The Times Of India NEW DELHI: The government is likely to target 400 billion rupees in proceeds from stake sales in state-run companies in the next fiscal year, a finance ministry official with direct knowledge of budget talks told Reuters on Wednesday. | The official ...
Rupee edges up by 3 paise at 53.82 vs US Dollar The Hindu In listless trading, the rupee Wednesday edged up by just three paise to close at 53.82 against the US dollar amid mild dollar selling by exporters. | Slightly weak dollar overseas and positive capital inflows also supported the rupee rise, forex tra...
Rupee snaps five-day fall as shares, euro gain The Times Of India MUMBAI: The Indian rupee strengthened on Wednesday, snapping a five-day losing streak, helped by gains in domestic share markets and the euro, and as the trade deficit did not widen as much as some analysts had feared. | Although India posted its sec...
Rupee pares early gains; trade data eyed The Times Of India The rupee is little changed at 53.8550/8650 versus its previous close of 53.85/86 as negative sentiment due to losses versus most other Asian currencies got offset by demand from oil firms. | The rupee opened higher at 53.75 but soon recovered most o...
Rupee gains 6 paise to 53.79 in early trade The Hindu The rupee opened higher at 53.79 against the dollar on mild selling of the American currency by exporters and a weak dollar index. | The local unit had closed at 53.85 on Tuesday. It had breached the 54-level mark and touched a low of 54.07 after wea...
Rupee up by 7 paise Vs dollar in early trade The Hindu The rupee on Wednesday rose by seven paise to 53.78 against the dollar in early trade at the Interbank Foreign Exchange on selling of the US currency amid increased capital inflows. | Forex dealers said dollar selling by exporters and a higher openin...
Rupee recovers after hitting 3-wk lows on IIP, inflation data Indian Express | After falling to three-week low of 54.07 on sluggish industrial output and rising inflation, the rupee today wiped out losses to end stable at 53.85, snapping a four-day losing trend, on late dollar sales and FII inflows. | On Interbank Foreign Exc...
Asian shares inch higher, yen firmer Indian Express Asian shares inched higher on Wednesday while the yen was firmer amid conflicting interpretations of G7 comments about the yen's recent weakness. | The MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 percent, pulled higher by Australian shares which advanced 0.8 percent led by the Commonwealth Bank of Australia, which posted rec...
Philippine stocks recover in line with U.S., Asia rally Xinhua MANILA, Feb. 13 (Xinhua) -- The Philippine stock market ended its lackluster performance and surged to a new high on Wednesday after the U.S. equities rallied back to the 14,000 level. | The bellwether Philippine Stock Exchange index jumped by 1.05 percent or 68.06 points and pierced the 6,500 level as it settled at 6,527.99. The broader all-share ...
