currency exchange

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    Currency Markets Watch RBI MPC Meeting and Crude Prices

    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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    Government Responds to Misinformation Fueling Currency Concerns

    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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    Residents Can Exchange Rupees at Airport Forex Counters

    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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    Market Reaction: Gold and Silver Prices Affected by Trump's Comments

    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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    RBI Tightens Controls, Rupee Sees Major Surge

    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...
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    Gold Futures Rise Amid US-Iran Tensions

    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...
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    Rupee Fluctuates: Factors at Play

    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 Rise Ahead of Wedding Season

    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...
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    Market Volatility: Rupee Weakens Amid Economic Concerns

    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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    India's Rupee Weakens Amid Global Uncertainty

    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...
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    Currency Fluctuations: Rupee Gains as Tensions Ease

    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...
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    Rising Inflation and Middle East Tensions Impact Gold

    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...
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    S. Korea Sees Second Month of Falling Foreign Currency Deposits

    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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    Monetary Policy Uncertainty Grows Amid Middle East Tensions

    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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    Factors Contributing to Rupee's Early Trade Decline

    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...
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    Oil Price Surge Impacts South Korean Currency

    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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    India's Rupee Declines Amid Global Market Trends

    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

    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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    India's Rupee Stable as US Eases Russian Oil Restrictions

    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 Falls to Record Low Amid Geopolitical Concerns

    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...
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