Wed, Dec 06, 2023
That stability was mostly due to the RBI's regular interventions to reduce the currency's volatility.
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Thu, Nov 23, 2023
Non-deliverable forwards indicate the rupee will open at around 83.28-83.32 to the U.S. dollar compared with 83.32 in the previous session.
Mon, Nov 13, 2023
"We expect the RBI to intervene to bring it within the 83.20-83.30 range. We otherwise expect a range-bound session with volumes being low on account of the festive season," India Forex And Asset Management Pvt Ltd (IFA Global) said in a research note.
Thu, May 09, 2019
Domestic bourses opened on a negative note Thursday with benchmark indices Sensex trading 191.71 points down at 37,606.72 and Nifty down 54.60 points at 11,304.85.
Mon, May 06, 2019
The rupee opened weak at 69.38 at the interbank forex market and then fell further to 69.46, down 24 paise over its last close.
Wed, Apr 24, 2019
Share Bazaar Live : This segment of Zee business brings to you latest updates from Share Bazaar. Experts here advice about what to do in various stocks so that investor can gain the most.
At the Interbank Foreign Exchange (forex) market, the rupee opened sharply lower at 69.80 against the US dollar, and further fell to quote at 69.85, a decline of 23 paise over its previous close.
Tue, Apr 23, 2019
The rupee appreciated by 9 paise to 69.58 against the US dollar on Tuesday ahead of the RBI's second round of dollar-rupee swap auction.
Wed, Apr 17, 2019
The Reserve Bank of India had issued Fluorescent Blue-coloured Rs 50 note in August, 2018.
Tue, Apr 16, 2019
The rupee opened at 69.55 at the interbank forex market, then lost further ground and fell to 69.59, down 17 paise over its last close.
Mon, Apr 08, 2019
Brent crude futures, the global oil benchmark, rose 0.51 per cent to USD 70.70 per barrel.
Thu, Mar 28, 2019
Features that Rs 20 will have under the revamped Mahatma Gandhi (New) Series by RBI.
Wed, Mar 27, 2019
PM Narendra Modi addressed the nation today and said that India has shot down a low orbit live satellite some 300 km in the sky. India has now become the fourth nation in the world to have the capability to do so after US, Russia and China.
Tue, Mar 26, 2019
The weakening of the US dollar against some currencies overseas and a higher opening in domestic equity market, supported the local unit, a currency dealer said.
Mon, Mar 25, 2019
CLSA points out that, rupee has gained 7% from its all-time low made in Oct’18, as CAD stabilised and foreign capital inflows improved due to global factors and expectations of a stable Government.
Forex dealers said the local unit was weighed down by strong dollar demand from importers to make month-end payments. However, sustained foreign fund inflows and easing crude prices restricted the fall.
Fri, Mar 15, 2019
The benchmark BSE Sensex was trading higher by 148.89 points, or 0.39 per cent, at 37,903.78; while the NSE Nifty was trading at 11,374.45, higher by 31.20 points, or 0.28 per cent.
Thu, Mar 14, 2019
Forex dealers said, strengthening of the American currency in overseas market weighed on the domestic currency. However, sustained foreign fund inflows and higher opening in domestic equities supported the rupee and restricted the fall.
Tue, Mar 12, 2019
The US dollar index -- a measure of the value of the American currency relative to a basket of key foreign currencies -- was lower by 0.17 per cent at 97.012.
Mon, Mar 11, 2019
The US dollar depreciated against most Asian currencies after Federal Reserve Chairman Jerome Powell said the central bank was in no hurry to change interest rates.
Fri, Mar 08, 2019
A group of six students from the Department of Computer Science and Engineering developed the code for a smartphone application to detecting counterfeit currency.
Forex dealers said, strengthening of the American currency in the overseas market weighed on the domestic currency. However, fresh foreign fund inflows, easing crude prices supported the rupee and restricted the fall.
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