New Delhi, April 6 – The Indian rupee opened 10 paise higher at 93 against the US dollar on Monday, as traders continued to unwind speculative positions in the offshore non-deliverable forwards (NDF) market.The domestic currency was trading at 93 per dollar in early trade, compared to its...
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Seoul, April 3 – The government will take stern measures, including legal action, against malicious activities aimed at exploiting recent market volatility through the spread of fake news and rumors, a senior finance ministry official said on Friday."Spreading unfounded fake news during an...
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Mumbai, April 2 The Reserve Bank on Thursday allowed both residents and non-residents to exchange Indian rupee notes at foreign exchange counters in departure halls at international airports, beyond the immigration or customs desk.Previously, such foreign exchange counters were only allowed to...
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New Delhi, April 2 Silver prices plummeted by Rs 9,000 to Rs 2.37 lakh per kilogram in the national capital on Thursday, while gold declined by Rs 3,500 to Rs 1.51 lakh per 10 grams amid a bearish sentiment in the domestic market.According to the All India Sarafa Association, the white metal...
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Indian Rupee Surges 1.7% in Biggest Gain in Over 12 Years Amid RBI Crackdown on Speculation
New Delhi, April 2: The Indian rupee recorded its sharpest single-day rise in more than 12 years on Thursday, driven by aggressive regulatory action aimed at curbing currency speculation in both domestic...
New Delhi, April 1 The price of gold rose by Rs 1,539 to Rs 1.52 lakh per 10 grams in futures trading on Wednesday, due to positive sentiment in the domestic market amid rising prices of precious metals globally and a weaker US dollar.On the Multi Commodity Exchange, the yellow metal for June...
Mumbai, April 1 The rupee gained 15 paise to 94.70 against the US dollar in early trade on Wednesday, tracking positive cues from domestic equity markets and the retreat of the US dollar overseas.However, the local currency remained under pressure due to higher crude oil prices and sustained...
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Gold and Silver Prices Rebound in Delhi Amid Wedding Season Demand
Precious Metals Surge Up to 3 Percent on Fresh Buying
New Delhi, March 30
Precious metal prices witnessed a strong rebound in the national capital on Monday, rising by around 3 percent as jewellers stepped up purchases ahead of...
Mumbai, March 24 The rupee fell by 23 paise to close at 93.76 against the US dollar on Tuesday as a stronger dollar against major currencies and high global crude prices spooked investors.Further outflows of foreign funds amid uncertainty over the West Asia crisis also weighed on the local...
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Rupee Falls 35 Paise to 93.88 Against US Dollar Amid Strong Greenback and Crude Price Concerns
Mumbai, March 24: The Indian rupee weakened by 35 paise to close at 93.88 (provisional) against the US dollar on Tuesday, pressured by a strengthening dollar and elevated global crude oil prices that...
Indian Rupee Opens Higher Against US Dollar After Temporary Easing of Geopolitical Tensions
Rupee Recovers From Record Low Amid Pause in US Strikes on Iran
New Delhi, March 24: The Indian rupee opened stronger against the US dollar on Tuesday, recovering from its previous session’s record low...
Gold Futures Plunge to Rs 1.36 Lakh Amid Inflation Fears and Strong US Dollar
Gold prices experienced a significant decline in futures trading, dropping by Rs 8,089 to Rs 1.36 lakh per 10 grams on Monday. This sharp decrease follows a global sell-off driven by rising inflation concerns and a...
South Korea Sees Second Consecutive Drop in Foreign Currency Deposits in February
Seoul, March 23 – Foreign currency deposits in South Korea declined for the second straight month in February, driven by reductions in both corporate and individual holdings, according to data released by the Bank...
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Fed Policy Uncertainty Rises Amid Middle East Tensions, Bank of Korea Signals Continued Rate Pause
Global Risks Cloud US Monetary Policy Outlook
Seoul, March 19: Uncertainty surrounding the future course of US monetary policy has intensified, driven by escalating geopolitical tensions in the...
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Rupee Slips to 92.43 Against US Dollar in Early Trade Amid FII Outflows and Stronger Dollar
Forex Market Update: Rupee Edges Lower in Opening Session
Mumbai, March 18: The Indian rupee weakened marginally by 3 paise to 92.43 against the US dollar in early trade on Wednesday, pressured by...
South Korean Won Weakens as Oil Prices Surge Amid Middle East Tensions
Won Falls Against Dollar at Market Open
The South Korean currency weakened against the US dollar on Thursday as rising global oil prices and escalating geopolitical tensions in the Middle East weighed on markets.The won...
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Rupee Falls 16 Paise to Close at 92.01 Against US Dollar as Crude Oil Prices Surge
Rising Oil Prices and Stronger Dollar Pressure the Indian Currency
The Indian rupee weakened on Wednesday, falling by 16 paise to settle at 92.01 against the US dollar in the interbank foreign exchange market. The...
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Indian Rupee Hits Record Low of 92.31 Against US Dollar as Oil Surge and Global Risk-Off Mood Weigh
The Indian rupee fell to a fresh all-time low of 92.31 against the US dollar on Monday after opening sharply weaker, as a sharp rise in crude oil prices and a global shift toward risk aversion...
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Rupee Gains 2 Paise to 91.62 Against US Dollar After US Allows 30 Day Waiver for Russian Oil Purchases
Rupee Opens Steady Amid Easing Energy Supply Concerns
The Indian rupee remained largely stable on Friday and strengthened by 2 paise to 91.62 against the US dollar in early trade. The marginal...
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Rupee Hits Record Low of 92.18 Against US Dollar as Brent Crude Surges Amid US Iran Conflict
Indian Rupee Falls 69 Paise in Early Trade
Mumbai, March 4: The Indian rupee plunged 69 paise to touch a historic low of 92.18 against the US dollar on Wednesday, as surging crude oil prices and rising...