Foreign exchange market
Showing of 0 - 10 from 42 results
Foreign exchange market - Total results - 42
Jun 30, 2012
India's forex reserves down to $288 bnIndia's foreign exchange reserves fell by $0.76 billion to $288.62 billion as the RBI is believed to have been selling dollars during the week to curb the slide in the rupee's value.
Jun 29, 2012
Rupee effect: Forex biz hit as Indians cancel foreign tripsAnother reason for the plunge in business is the hoarding of dollars by traders
Jun 26, 2012
Steps taken by RBI, govt to prop up the rupeeHere are the measures taken by India to arrest the rupee fall in the last two months
Jun 22, 2012
RBI, oil firms discuss potential dollar purchase measuresAfter rupee hitting a lifetime low of 57.25 to dollar, RBI has asked the state-run oil firms to steer 50 percent of their dollar purchases through a single state-owned bank.
Jun 21, 2012
India starts betting on the rupee again, cautiouslySwap deals where banks hardsell exotic forex products to many companies have returned to the market, though cautiously and as plain vanilla products.
Jun 04, 2012
Is RBI using wrong tools to fix economy's problems?Both the government and the RBI are using microeconomic distortions to address larger macroeconomic problems. This will not yield results
May 30, 2012
Euro crisis: Gold hits two-year lowGold prices plummeted to a one week low on Wednesday by 0.6% owing to the Euro crisis. Investors are waiting for the central banks in the Euro zone to come up with monetary measures to save the yellow metal from tanking lower.
May 30, 2012
Rupee falls again, breaches 56 level against US dollarThe euro's weakness against the American currency on persistent euro-zone worries, kept pressure on the Indian currency.
May 25, 2012
Forex reserves fall by $1.8 bnForeign currency assets, a major component of the forex reserves, fell by $1.74 billion to $256.12 billion for the week ended 18 May.
May 24, 2012
Petrol hike doesn't help: rupee at new low of 56.36Despite steps taken by the Reserve Bank to check the rupee's downward slide, dollar's gains against the euro and other major currencies in the overseas markets kept pressure on the Indian unit.