Foreign Exchange

Showing of 1 - 20 from 97 results
Foreign Exchange - Total results - 97
Stock Market Latest Updates: Sensex plummets 886 points, Nifty below 9,150-mark; Tech Mahindra, Infosys among top losers
Business

Stock Market Latest Updates: Sensex plummets 886 points, Nifty below 9,150-mark; Tech Mahindra, Infosys among top losers

Stock Market Latest Updates: Sensex plummets 886 points, Nifty below 9,150-mark; Tech Mahindra, Infosys among top losers

Novelis Q4 sales dive 12% to $2.7 bn as commodity prices fall, shipments decline; firm on capacity additions
Business

Novelis Q4 sales dive 12% to $2.7 bn as commodity prices fall, shipments decline; firm on capacity additions

For the full year, Novelis net sales decreased 9 percent from the prior year to $11.2 billion, driven by lower average LME aluminum prices and local market premiums.

Rupee rises 25 paise to 74 against dollar in early trade amid positive opening in domestic equities
Business

Rupee rises 25 paise to 74 against dollar in early trade amid positive opening in domestic equities

At the interbank foreign exchange the rupee opened at 74.16, then gained further ground and touched a high of 74.00 against the US dollar, registering a rise of 25 paise over its previous close.

India's current account deficit narrows to $1.4 billion in December quarter as net services receipts rise
Business

India's current account deficit narrows to $1.4 billion in December quarter as net services receipts rise

The sharp contraction was primarily due to a lower trade deficit at $34.6 billion, and a rise in net services receipts, the central bank said.

RBI announces measures to infuse liquidity to sooth forex market; offers US dollar swaps worth $2 billion
Business

RBI announces measures to infuse liquidity to sooth forex market; offers US dollar swaps worth $2 billion

The Reserve Bank on Thursday announced measures to infuse liquidity in the foreign exchange market, including the US dollar swaps worth $2 billion, as markets crashed amid mounting concerns over coronavirus pandemic

Rupee rises 12 paise to 70.82 against dollar in early trade on positive global cues, positive opening in domestic equities
Business

Rupee rises 12 paise to 70.82 against dollar in early trade on positive global cues, positive opening in domestic equities

At the interbank foreign exchange the rupee opened at 70.82 against the US dollar, registering a rise of 12 paise over its previous close.

Is liberalised remittances scheme becoming too liberal warranting a closer look? It is time govt set new limits
Business

Is liberalised remittances scheme becoming too liberal warranting a closer look? It is time govt set new limits

The rapidly increasing outbound remittances peaked to $1.69 billion in July (for a single month) 2019

Rupee tumbles 67 paise against dollar in early trade; currency under pressure after tit-for-tat US-China tariff attacks
Business

Rupee tumbles 67 paise against dollar in early trade; currency under pressure after tit-for-tat US-China tariff attacks

The rupee had appreciated by 38 paise to close at a two-week high of 71.42 against the US dollar on Friday

Gold imports up 15.4% to $13.16 bn in April-July period; experts say traders may shift manufacturing bases to other countries
Business

Gold imports up 15.4% to $13.16 bn in April-July period; experts say traders may shift manufacturing bases to other countries

According to industry experts, there are apprehensions that sectoral players may shift their manufacturing bases to neighbouring countries due to high import duty on gold in India.

Rupee hits 6-month low of 71.40 against dollar, dives 62 paise on global turmoil
Business

Rupee hits 6-month low of 71.40 against dollar, dives 62 paise on global turmoil

The rupee plunged 62 paise on Tuesday to close at a nearly six-month low of 71.40 against the US dollar in line with battered equities as global market turmoil and Argentine currency crash drove investors to safe havens

Rupee slips 16 paise to 68.58 in early trade on heavy selling in domestic equities, foreign fund outflows
Business

Rupee slips 16 paise to 68.58 in early trade on heavy selling in domestic equities, foreign fund outflows

The rupee came under pressure following heavy selling in domestic equities amid outflow of foreign funds, they added.

Rupee slips 28 paise against dollar in early trade on rising crude prices, subdued sentiment
Business

Rupee slips 28 paise against dollar in early trade on rising crude prices, subdued sentiment

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.10 percent to 96.53.

Rupee sees high volatility against dollar post-Fed policy decision to leave key interest rates unchanged
Business

Rupee sees high volatility against dollar post-Fed policy decision to leave key interest rates unchanged

The rupee opened strong at 69.47 at the interbank forex market, but lost ground and touched 69.67 per dollar, displaying gains of just 1 paise against the greenback.

Rupee records biggest gain in 2 months after exit poll results; rises 49 paise to 69.74 on gains in equities, forex inflows
Business

Rupee records biggest gain in 2 months after exit poll results; rises 49 paise to 69.74 on gains in equities, forex inflows

At the interbank foreign exchange, the rupee opened at 70.36 and advanced to a high of 69.44 during the day.

Gold imports increase 54% to $3.97 bn in April; trade deficit widens to five-month high amid concerns of CAD
Business

Gold imports increase 54% to $3.97 bn in April; trade deficit widens to five-month high amid concerns of CAD

India is the largest importer of gold, which mainly caters to the demand of the jewellery industry.

Rupee slips 32 paise to 69.24 against dollar in early trade on increased demand for greenback from importers and banks
Business

Rupee slips 32 paise to 69.24 against dollar in early trade on increased demand for greenback from importers and banks

At the Interbank Foreign Exchange, the rupee opened on a weak note at 69.04 then fell further to 69.24 against the US dollar

Rupee gains 13 paise to close at 71.18 against dollar on easing crude oil prices
Business

Rupee gains 13 paise to close at 71.18 against dollar on easing crude oil prices

The rupee strengthened by 13 paise to close at 71.18 against the US dollar Monday on easing crude oil prices, even as the greenback strengthened vis-a-vis other major currencies

Rupee ends steady at 71.12 against dollar; focus on US Fed policy outcome, Union Budget
Business

Rupee ends steady at 71.12 against dollar; focus on US Fed policy outcome, Union Budget

The rupee on Wednesday ended almost flat at 71.12 against the US dollar as forex traders preferred to sit on the fence while awaiting cues from key upcoming events like US Fed policy and India's Union Budget

Rupee dips 9 paise to 71.28 against dollar amid rise in demand for greenback from exporters
Business

Rupee dips 9 paise to 71.28 against dollar amid rise in demand for greenback from exporters

The rupee on Monday weakened by 9 paise to close at 71.28 against the US dollar amid rise in demand for the greenback from exporters and unabated foreign fund outflows

Rupee logs best single day gain in over five years, vaults 112 paise to close at 70.44 against dollar as crude oil prices slide
Business

Rupee logs best single day gain in over five years, vaults 112 paise to close at 70.44 against dollar as crude oil prices slide

The Indian rupee on Tuesday rallied by a whopping 112 paise, its best single-day gains in over five years, to settle at 70.44 against the US dollar as softening crude oil prices eased concerns over India's current account deficit expansion.