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Latest Articles in forex
Rupee Falls 38 Paise To 74.06 Against The US Dollar In Early Trade
After opening lower at 73.91, rupee weakened further to quote at 74.08 against the dollar registering a fall of 40 paise over its pervious close
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Rupee Softens 9 Paise Against US Dollar In Early Trade
On increasing dollar demand from banks and importers, Rupee fell to 73.92 level against the American currency in early trade today
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Rupee Breaches 72-Mark Again, Down 81 Paise In Early Trade
Continuing with its upward spiral, Rupee depreciated 81 paise to 72.65 in early trade today despite government's efforts to arrest the currency fall
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Forex Reserves Up By $879.5 Million To $413 Billion
Gold reserves remained unchanged at $21.189 billion in the reporting week, the data showed
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Rupee Weakens 9 Paise Against Dollar In Opening Trade
Forex dealers said increased month-end demand from banks and importers and a weak opening in the domestic equity markets weighed on the domestic unit
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Rupee Spurts 22 Paise Against Dollar In Early Trade
Besides sustained foreign fund inflows, stock markets opening with gains and the dollar weakening against major currencies overseas also supported the domestic unit, forex dealers said
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Rupee Gains 7 Paise Against Dollar In Early Trade
Fresh foreign fund inflows and weakness in the dollar against a few currencies overseas supported to the rupee
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The $400 Billion Question
Does India need such a high level of foreign exchange reserves which, parked in us treasury bonds, earn one per cent annual interest? Two, can the reserves be put to more productive use?
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Rupee Rebounds To 1-Week High Of 65.01; Zooms 49 Paise
Frantic unwinding of the American currency by banks and corporates along with upbeat equities predominantly weighed on the rupee trade amid broad based dollar selling in Asia
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Rupee Drops Sharp 32 Paise To 65.60 Against Dollar
Forex dealers said the greenback hit a one and a half month high overseas after US manufacturing activity in September rose to its highest level in 13 years, bolstering expectations of an interest rate hike
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Centrum Direct Expects 50% Sales Growth In Overseas Education Business
Private equity majors New York Life and Jacob Ballas own around 30 per cent in the company, which is aiming to maintain its leadership position in the key segment
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Rupee Down Six Paise Against Dollar In Early Trade
Forex dealers said US dollar's gains against rivals overseas in the wake of a string of developments at the global level also had an impact of the rupee.
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Indian Forex Reserve Ascents To Lifetime High
The stock exchange also pumped Rs 24,776 crore into the Indian equities and debt market in the month of May
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Rupee Up 12 Paise Against Dollar At 64.26
Forex dealers said that apart from heavy selling by exporters and banks, weakness in the dollar against other currencies overseas supported the rupee
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Rupee Slides 9 Paise Against Dollar In Early Trade
The rupee weakened further by 9 paise to 64.27 against the dollar in early trade on Friday at the forex market on increased demand for the American currency from importers and banks
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