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Latest Articles in forex
Rupee Rebounds From 1-Month Low On Weak Dollar Wave, Up 28 Paise
A weak dollar sentiment across the board alongside unwinding of long positions by speculative traders ahead of key US macro data release largely supported the recovery
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Rupee Hits 1-Month Low On Dollar Buoyancy, Ends At 68.33
Resurgent greenback against other currencies overseas alongside uninterrupted capital outflows predominantly kept forex market sentiment shaky for the second straight day
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Rupee Ends At 4-Week Low Against Dollar At 68.24
Rupee continues to trade negative with low volatility due to higher dollar overseas amid sustained capital outflows, a forex trader said
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Rupee Extends Gains Against Dollar For 2nd Day, Up 8 Paise
Sharp fall in equity market due to heavy foreign capital outflows failed to restrict rupee's gain against the US currency
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Rupee Inches Up 9 Paise In Early Trade
Forex dealers says that besides selling of the American unit by exporters, the dollar's weakness against some currencies overseas supported the rupee but a lower opening of the domestic equity market restricted the gains
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Rupee Recovers 11 Paise In Early Trade
Forex dealers says that besides selling of the American currency by exporters and banks, weakness in the dollar against other currencies overseas supported the rupee
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Rupee Recoups 6 Paise Against Dollar
The dollar's weakness against some currencies overseas and early gains in the domestic equity market supported the rupee
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Rupee Makes A Weak Start, Slips 6 Paise Against Dollar
Dealers attributed the fall in rupee to increased demand for the US currency and lower opening of the domestic equity market but the dollar's weakness against some currencies overseas because of the mounting tension between the US and China capped the losses
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Rupee Softens 6 Paise Against Dollar
The rupee had retreated from near one-month high by falling 6 paise to close at 67.42 against the US currency on Friday as sentiment turned bearish ahead of Fed rate decision
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Rupee Good Run Continues, Gains 19 Paise In Early Trade
Forex dealers said weakness in the dollar against other currencies overseas supported the rupee. A higher opening in the domestic equity market gave the uptrend some momentum
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Rupee Firmly On Recovery Path, Gains 12 Paise
Forex dealers said that besides sustained selling of the greenback by banks and exporters, the dollar's weakness against some currencies overseas backed up the rupee at the Inter-bank Foreign Exchange
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Rupee Continues Good Run, Gains Another 7 Paise Against Dollar
The rupee firmed up 7 paise to 68.13 against the dollar in early trade on December 5, rising for a fifth straight day on increased selling of the US currency by exporters and banks
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Nepal Bans New Indian Rs 500 And Rs 2,000 Notes
Nepal Rastra Bank spokesperson Narayan Poudel said these notes will be legal in Nepal only when India issues a FEMA notification as per the Foreign Exchange Management Act
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Rupee In Free Fall, Slides 21 Paise To New 9-month Low
Forex dealers said apart from heavy demand for the American currency from importers, persistent outflows by foreign funds and the dollar's strength against other currencies overseas mainly weighed on the domestic unit
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Forex Reserves Down $1.19 Billion To $367 Billion
Foreign currency assets (FCAs), a major component of the overall reserves, dipped by $1.155 billion to $342.772 billion
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