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02 Jun 2017

Rupee zooms to 1-week high of 64.44 against dollar

Stretching its strong recovery momentum for the third straight day, the rupee on Friday rose by 4 paise to a fresh one-week high of 64.44 against the US dollar on sustained selling of the American currency by exporters.

25 May 2017

World stocks hit record after Fed minutes, oil up as OPEC meets

World stocks hit record highs on Thursday and the dollar dipped after the US Federal Reserve signalled caution in raising interest rates, while oil prices rose in anticipation of top producers agreeing to extend output cuts for up to a year.

24 May 2017

Rupee pares early gains, down 5 paise vs USD

The rupee pared its early gains to trade down by 5 paise at 64.94 against the dollar on emergence of demand for the US currency from importers and banks despite higher local equities.

India forex reserves

17 Feb 2017

Forex reserves down $360.9 million to $362.78 billion

India's foreign exchange reserves dropped by USD 360.9 million to USD 362.785 billion in the week to February 10 due to decline in foreign currency assets (FCAs), a key component, the Reserve Bank said today.

10 Aug 2015

Dollar slips vs. euro as Fed officials talk rate hike

The dollar fell against the euro Monday as Federal Reserve officials` comments raised questions about the timing of the central bank`s plan to raise its key interest rate this year.

20 Aug 2014

Wall Street joins global stocks rally; dollar ahead

The dollar climbed smartly as the euro sank to a nine-month low against the greenback. U.S. Treasuries yields rose.

07 Jul 2014

Rupee sees biggest fall in nearly three weeks

The rupee saw its biggest single-day fall in nearly three weeks on Monday as investors turned cautious ahead of the upcoming budget this week while lack of dollar inflows due to the U.S. Independence Day holiday also hurt.

20 Jun 2014

World stocks at record high, gold holds gains as dollar dips

An index of global stocks was near record highs on Friday while gold celebrated its biggest one-day rise in nine months.

09 Jun 2014

Dollar steady in Asia after solid jobs data

The dollar and euro edged up against the yen in Asia on Monday as confidence was boosted upbeat US jobs data that suggested a recovery in the world`s number one economy is well on track.

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