Rupee slides 10 paise against dollar; stocks an overhang The Siasat Daily Mumbai: The rupee lost 10 paise to a fresh one-month low of 64.73 against the dollar in early session on Friday, with a decidedly lower start in stocks casting a shadow. | The American unit found greater traction among importers and banks. Dealers at...
Top five factors which could squeeze out strength in Indian rupee: Abhishek Goenka Moneycontrol Global liquidity has been chasing yields in 2017. In November when Donald Trump was elected as the president of the US, it was expected that his fiscal policies would be aggressive and would push US yields and as a result push the US Dollar higher. |...
Rupee stable against dollar The News International The rupee maintained its stable trend against the dollar on Friday owing to dull trading activity, dealers said. The rupee rose slightly to close at 104.85 to the dollar from previous closing levels of 104.87 in the interbank market. Currency dealers...
Sri Lanka rupee ends lower on importer dollar demand Topix The Sri Lankan rupee ended marginally lower on Friday as importer dollar demand surpassed greenback sales by exporters and banks while expectations of a rise in imports pressured the local currency, dealers said. The spot rupee, which has been tradin...
Rupee recovers 5 paise to 64.58 a dollar ahead of GST rollout DNA India The rupee today staged a mild recovery by gaining 5 paise to close at 64.58 against the US dollar in a cautious trade marked by a nervousness ahead of the Goods and Services Tax (GST) rollout. | Forex market sentiment remained little shaky initially ...
Government had 105.36 billion rupees outstanding loans from RBI in June 23 week The Times Of India (Reuters) - The government had 105.36 billion rupees ($1.63 billion) outstanding loans with the central bank under ways and means | advances in the week ended June 23, according to the Reserve Bank of India's weekly statistical supplement released on...
RBI sets rupee reference rate at 64.7379 against dollar DNA India The Reserve Bank of India today fixed the reference rate of the rupee at 64.7379 against the US dollar and 74.0019 for the euro. | The corresponding rates were 64.4715 and 73.5233, as on yesterday. | According to an RBI statement, the exchange rates ...
Hawkish central banks put the dollar in a petulant mood Business Day Singapore — The dollar extended its losses on Friday as major central banks signalled that the era of cheap money was coming to an end in a boon to sterling, the euro and the Canadian dollar, while Asian shares were hit by dismal performances of European and US markets. | "International markets continued to adjust for a 2018 outlook where other c...
Wall Street hit hard as tech softness continues Sydney Morning Herald Wall Street fell sharply on Thursday, with the S&P; 500 and the Dow industrials suffering their worst daily percentage drops in about six weeks, as a recent decline in technology shares deepened and outweighed strength in bank shares. | The technology sector, which has led the S&P; 500's 8-per cent gain for the year, dropped 1.8 per cent, and were th...