Latest News on Foreign Exchange Market
Showing of 0 - 10 from 65 results
Foreign Exchange Market - Total results - 65
Oct 03, 2011
Rupee down 57 paise against US dollar in opening tradeIndian rupee fell by 57 paise to Rs 49.53 against the US dollar in early trade today amid steep depreciation of the euro on heightened concerns over the European debt crisis.
Sep 27, 2011
Short-sighted: Govt rewards traders over investorsThe government is predictably making moves to favour its divestment plans and in the bargain it helps short-term investors, while giving a damn for long-term stability.
Sep 23, 2011
Will intervene in forex market only to smoothen volatility: GokarnThe Reserve Bank of India will maintain its stance of intervening in the foreign exchange market only to smoothen volatility, RBI Deputy Governor Subir Gokarn said.
Sep 21, 2011
RBI needs to intervene in forex market, says StanChartThe increasing chatter about intervention comes as the partially covertible rupee touched a two-year low of 48.24 to a dollar on Tuesday and remains the worst performer amongst the 10 major Asian currencies.
Sep 13, 2011
RBI did not intervene in FX market for eight successive monthsThe last time the RBI had intervened was in November when it had bought $1.37 billion and sold $500 million.