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Latest Articles in currencies

British Pound At Seven-Year Low On Brexit Fears

The euro also firmed to its highest level against the pound since December 2014 at 79.25 pence, but was on the back foot against many other currencies on fears a British exit could mean an uncertain future for Europe

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Demystifying Blockchain: A Potential Catalyst For New Age Financial Markets

While a lot of regulatory skepticism does exist on the future of crypto currencies like the Bitcoin, the future of the technology powering it is sure to find greater acceptance

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Rupee Nears Record Low; Volatility Surges

Traders says they expect the rupee to soon test the record low, with one-month non-deliverable forwards already trading at 69

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Dollar Near Three-And-A-Half Month Lows Amid Doubts Over European Banks' Health

The dollar's fall has been most notable against the yen, which had been depressed at low levels over a long period because of the Bank of Japan's aggressive monetary easing since 2013

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Rupee Snaps 3-Day Losing Streak, Rises 45 Paise Against Dollar

Banks and exporters preferred to reduce their dollar position on hopes of resumption of foreign capital inflows

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Rupee Loses Ground For 3rd Day, Ends 18 Paise Down

Sustained month-end dollar demand from importers, mainly oil refiners, affected the rupee value against the dollar

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Rupee Breaches 67-Mark Against Dollar, Falls 26 Paise

Sustained capital outflows weighed on the domestic unit but the dollar's weakness against some other currencies overseas limited the rupee's fall, traders said

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China Battles To Shore Up Stocks, Yuan After Globe-Shaking Slide

Stocks fall more than 2 per cent in early trade, prompting fears that exchanges were set for a second day of panic selling after a 7 per cent dive on Monday set off a new "circuit breaker" mechanism, suspending trade nation-wide for the first time

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Oil Continues Recovery, Dollar Slips In Quiet Trade

Internationally traded Brent futures rose 57 cents, or 1.5 per cent, to $37.93, but have fallen about 35 per cent this year

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RBI Dismisses Social Media Rumours Over Defaced Notes

'RBI has had the policy in the past of disfigured note being withdrawn from circulation to be replaced by clean notes. That does not mean that they are not legal tender, they can be used everywhere, they can be accepted everywhere'

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Oil Price Rout Hits Energy Shares, Dollar Firm

Brent falls below its August trough to hit its lowest level since February 2009, when the world's economy was mired in the deepest downturn since the Great Depression of the 1930s

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IMF Gives China's Currency Prized Reserve Asset Status

The decision to add the yuan to the Special Drawing Rights basket alongside the dollar, euro, pound sterling and yen is an important milestone in China's integration into global finances

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Rupee Falls To Two-Year Low, Sniffs 67 Per Dollar

Adding to the pressure on the rupee is sustained selling of local shares by foreign portfolio investors this month

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