16 Dec 2017 03:27:59

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15 Dec 2017 17:20:00

Rupee soars to 3-month high, up 30 paise on BJP's poll prospects

Economic Times Rupee soars to 3-month high, up 30 paise on BJP's poll prospects Economic Times At the Interbank Foreign Exchange ( forex ) market, the home currency resumed substantially higher at 64.20 compared to Thursday's close of 64.34. It gained further ground to hit an intra-day high of 64.01 in mid-afternoon deals before ending at 64.04 ...
15 Dec 2017 16:51:00

Forex reserves down by over $1 billion to $401 billion - The ...

Economic Times Forex reserves down by over $1 billion to $401 billion - The ... Economic Times In the previous week, the reserves had increased by $1.2 billion to $401.942 billion.
15 Dec 2017 09:47:00

China's yuan inches up, set for winning week amid dollar weakness

Economic Times China's yuan inches up, set for winning week amid dollar weakness Economic Times SHANGHAI: China's yuan inched up against the US dollar on Friday, poised for a winning week as the US currency comes under pressure from concerns about the progress of US tax reforms. The dollar was headed for a weekly loss of 0.3 per cent after the US ...
14 Dec 2017 12:35:00

Dollar nurses losses after Fed keeps outlook unchanged; ECB eyed

Economic Times Dollar nurses losses after Fed keeps outlook unchanged; ECB eyed Economic Times LONDON: The dollar held at more than one-week lows on Thursday after the US central bank kept its economic forecasts unchanged with investors expecting more losses if the European Central Bank outlines a more optimistic outlook on the economy. Though ...
14 Dec 2017 07:29:00

Rupee opens 9 paise up at 64.35 against dollar

Economic Times Rupee opens 9 paise up at 64.35 against dollar Economic Times The rupee on Thursday opened 9 paise higher at 64.35 against dollar after the US Fed's decision on rate hike. The local curreny on Wednesday closed 4 paise down at 64.44 against the American currency. The US Federal Reserve on Wednesday increased the ... Rupee logs 1st rise in 3 days on BJP's Gujarat poll prospects
13 Dec 2017 17:20:00

Rupee closes 4 paise down at 64.44 ahead of Fed call

Economic Times Rupee closes 4 paise down at 64.44 ahead of Fed call Economic Times The rupee pared its early steep losses to end marginally down by 4 paise at 64.44 against the American currency ahead of the US Fed's decision on rate hike. Stray dollar demand from importers and local banks along side consistent unwinding by foreign ...
13 Dec 2017 08:28:00

China's yuan firms as traders pare dollar positions ahead of Fed

Economic Times China's yuan firms as traders pare dollar positions ahead of Fed Economic Times "Taking into account slowing China growth momentum amid deleveraging and the Fed's gradual rate hike pace, we look for modest CNH depreciation next year, with the target of 6.85 at 2018-end," Ken Cheung, senior Asian FX strategist at Mizuho Bank in ...
08 Dec 2017 17:05:00

India's forex reserves rise to $401.9 billion

Economic Times India's forex reserves rise to $401.9 billion Economic Times Kolkata: India's foreign exchange reserves rose $1.2 billion in the week to December 1 to $401.942 billion, Reserve Bank of India data showed. This is the fourth consecutive weekly rise since November 3 amid steady dollar inflows. Although RBI does not ...
08 Dec 2017 16:48:00

Forex reserves jump by $1.2 billion to $401.94 billion

Economic Times Forex reserves jump by $1.2 billion to $401.94 billion Economic Times India's foreign exchange reserves increased by USD 1.2 billion to touch USD 401.942 billion in the week to December 1, according to the RBI data. The surge in reserves was aided by an increase in foreign currency assets, a major component of the ...