Wed, Sep 18, 2024
The foreign exchange (forex) market is set to resume trading on Thursday after a holiday on September 18.
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Fri, Sep 13, 2024
As per the Foreign Exchange (Compounding Proceedings) Rules, 2024, the fees for filing compounding application has been doubled to Rs 10,000 plus GST, from Rs 5,000 earlier.
Thu, Aug 29, 2024
Forex trading—the practice of exchanging currencies on an international scale—has experienced an extraordinary deluge in adoption across India over the last 10 years. What was earlier a specialised discipline, predominantly monopolised by institutional investors, has slowly interpenetrated diverse population segments.
Wed, Feb 06, 2019
The Reserve Bank of India may cut Repo Rate by 0.5 per cent to 0.25 per cents, say experts as it would help rise in liquidity into the market to fuel portfolio investment
Wed, Jan 02, 2019
Forex traders said sustained foreign fund outflows also weighed on the local unit. However, lower crude oil prices capped the losses.
Mon, Dec 17, 2018
At the interbank forex market, the rupee opened higher at 71.84 and rose further to quote at 71.74, showing a rise of 16 paise over its previous close.
Wed, Sep 12, 2018
Today, the Indian rupee ended at 72.205 down by 0.350 points or 0.48% against US dollar.
Tue, Sep 05, 2017
The rupee opened at 64.10 per dollar against last close of 64.05 per dollar. It moved in a range of 64.08 per dollar and 64.18 per dollar in morning deals.
Thu, Aug 17, 2017
The 31-scrip index was trading at 31,837.21 up 67 points or 0.21%, while the 51-scrip index surged by nearly 28 points or 0.28% trading at 9,924.80.
Sun, Jul 09, 2017
The rupee was among the best performing currencies in the world over the past year.
Tue, Mar 28, 2017
Mundra said the RBI is in discussions with the government to improve stressed asset resolution mechanisms which can help banks, but did not spell out any details.
Fri, Mar 10, 2017
Indian rupee has gained four paise against the US dollar to 66.67 in early trade on Friday at the Forex market.
Fri, Nov 25, 2016
The rupee strengthened further from early gains by 30 paise to 68.43 against the American currency in late morning deals in sustained bouts of dollar selling from banks and exporters amid higher domestic equites.
Mon, Aug 29, 2016
A senior HSBC Holdings Plc executive pleaded not guilty on Monday to charges that he participated in a fraudulent scheme to front-run a $3.5 billion currency transaction by one of the bank's clients.
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