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Latest Articles in forex
Rupee Rallies To 3-Week High At 64.27 Against Dollar
The rupee rose 17 paise to hit a 3-week high of 64.27 against the dollar in late morning trade on persistent selling of the greenback by banks and exporters on the back of lower dollar overseas
Read MoreIndusind Bank Launches Indusforex.Com For All Foreign Exchange Requirements
The IndusInd Bank has launched IndusForex.com, a one-stop portal for all foreign exchange needs of Indian consumers. With the help of this portal, one can buy multi-currency foreign exchange cards and reload it anytime, anywhere in eight different currencies
Read MoreRupee Zooms past 3-month High In Early Trade, Up 24 Paise
Forex dealers said that besides increased selling of the American currency by exporters as well as banks, a higher opening in the domestic equity market supported the rupee
Read MoreRupee Good Run Continues, Gains 4 Paise Against Dollar
Forex dealers said the weakness in the greenback against other currencies overseas and a higher opening in the domestic equity market also supported the rupee
Read MoreRupee Gains 11 Paise Against Dollar In Early Trade
Forex dealers said, a weakening dollar against other currencies overseas supported the rupee but a lower opening in the domestic equity market capped the gains
Read MoreRupee Slides 16 Paise Against Dollar
Forex dealers said, increased demand for the dollar kept pressure on the rupee but a higher a opening in the domestic equity market capped the fall
Read MoreTop Corporates In India Unprepared For Managing Forex Risks: IndRa
Top corporates in the country are not prepared for managing foreign exchange risks with more that 50 per cent of them highly sensitive to rupee depreciation, says a report
Read MoreRupee Recovers 12 Paise In Early Trade
Forex dealers says that besides selling of the American greenback by exporters and banks, weakness in the dollar against other currencies overseas supported the rupee
Read MoreRupee Firms Up 10 Paise Against Dollar In Early Trade
Dollar's weakness against other currencies overseas after Fed Chair Janet Yellen indicated the central bank would take a wait-and-see approach to monetary policy, suggesting any rate hikes this year could be slow, supported the rupee, says forex dealers
Read MoreRupee Sinks Further By 17 Paise In Early Trade
The dollar's strength against other currencies overseas also weighed on the rupee but a better trend at the domestic equity market in early trade capped the loss
Read MoreRupee Gains 5 Paise Against Dollar In Early Trade
Forex dealers says besides selling of the American greenback by exporters and banks, weakness in the dollar against other currencies overseas supported the rupee
Read MoreRupee Rebounds Against Dollar On Robust Macro Data
Buoyant macro economic data released over the weekend alongside firm local equities largely supported the recovery momentum despite bullish dollar overseas
Read MoreForex Kitty Down $1.14 Billion To $359 Billion On Dip In Gold Reserves
After remaining unchanged for several weeks, the gold reserves dipped by $1.398 billion to $18.584 billion at the end of the reporting week, the central bank said
Read MoreRupee Ends 8 Paise Lower Against Dollar At 68.16
Reeling under immense pressure, the home currency touched an intra-day low of 68.2650 in late afternoon deals before regaining some ground to end at 68.16, showing a loss of 8 paise, or 0.12 per cent
Read MoreRupee Makes More Gains, Up 16 Paise Against Dollar
Forex dealers said weakness in the greenback against other currencies overseas gave the rupee some relief
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