Wed, Apr 03, 2024
The RBI had said in January that from April, exchanges may offer forex derivative contracts involving the rupee to users "for the purpose of hedging contracted exposure."
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Fri, Feb 23, 2024
The rupee ended at 82.9375 per US dollar compared with its close of 82.84 in the previous session.
Fri, Feb 02, 2024
The reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments since last year.
Wed, Oct 30, 2019
Commodity Trading Tips: On account of Fed rate cut by 25 bps today, commodity traders have been advised by the commodity market experts to buy gold and silver for long gains. They have said that Gold will give at least Rs 200 points upward in evening once the NYMEX opens while Silver may hit Rs 47,000 levels. However, they have vet bullish on gold as in coming times geopolitical tension is expected to further boost the gold rally, however, they have advised commodity traders to avoid crude oil trade today.
Fri, Oct 18, 2019
Forex Market: The US dollar declined against the British pound as Britain and the European Union (EU) reached a new Brexit deal.
Thu, Oct 17, 2019
Gold prices held steady on Thursday as weak United States retail sales data fanned concerns that the country`s economy may be feeling the pinch on US-China trad war.
Tue, Oct 08, 2019
Gold rate on Monday edges lower as the US dollar strengthens ahead of US-China trade talks scheduled on October 10-11.
Mon, Oct 07, 2019
Gold prices advanced on Monday as markets braced for US-China trade negotiations during the week with lesser hopes of a breakthrough.
Sun, Oct 06, 2019
The dollar inched lower on Friday, giving up gains fuelled by a generally solid US jobs report that slightly underperformed expectations.
Tue, Aug 13, 2019
Investors piled into gold, safe-haven yen and bonds on Monday over nagging concerns about a prolonged US-China trade war and global growth, while Argentina`s peso plunged 15 per cent.
Fri, Aug 09, 2019
Gold prices in Pakistan on August 9 surged by Rs 1,750 per 10 gms. In India, gold price for 10 gm is Rs 37,920 while in Pakistan, it has scaled to Rs 86,250 per 10 gms!
Mon, Jul 08, 2019
INR vs USD: Indian rupee has climbed up to Rs 68.5 per US dollar in the Forex market as investors expect a delay in US Fed rate cut post strong US job data.
Fri, Jun 21, 2019
The dollar struggled to get on the front foot on Friday, and was poised for a weekly loss against major currencies after the US Federal Reserve joined global peers with plans to cut interest rates.
Thu, Jun 20, 2019
The Fed on Wednesday left interest rates unchanged as widely expected but said the case for lower rates was building, suggesting it could ease monetary policy as early as next month.
Wed, Jun 19, 2019
If Fed chief decides to cut interest rates from July onwards, India rupee may climb up to Rs 69.30 per dollar levels by June end, say experts.
Mon, Jun 03, 2019
INR may touch 69 per USD in coming days as the falling crude oil prices would help Indian rupee to further consolidate against the American currency.
Thu, Apr 04, 2019
Rupee vs dollar: Experts say the WTI crude oil prices, which has risen from $54/barrel to around $62.36/barrel today will make Indian oil imports dearer.
Wed, Apr 03, 2019
Opinion Polls' findings of Narendra Modi coming back to power, rupee rising up to 65-66/dollar, crashing crude oil may lift Nifty up to 13,700, say experts.
Mon, Mar 18, 2019
As the majority of the opinion polls post-surgical strikes indicating strong and stable NDA government after the Lok Sabha Polls, rupee may surge to 67/dollar by April end.
Mon, Mar 11, 2019
RBI may get tempted to buy-back US dollar that it had to shed recently from its reserves to keep the rupee below 72/dollar as and when it touches the 69/dollar levels.
Fri, Mar 08, 2019
Rupee has emerged one of the strongest currencies in the global markets and it may touch the 69 per dollar in few week time, says Forex experts.
Thu, Feb 28, 2019
Crude oil prices, Sino-US trade talks, Lok Sabha election results in India, time taken for achieving normalcy between India and Pakistan are some factors that would decide the fate of Rupee-Dollar deviation.
Tue, Feb 19, 2019
If the oil prices continue to rise in global merchandise and ongoing Indo-Pak tension further escalates, the rupee may further crash and make new lows.
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