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Latest Articles in forex

Rupee Breaches 68-mark Against Dollar; Down 42 Paise

The rupee breached the 68-mark against the dollar for the first time since September 4, 2013, by falling 42 paise to trade at 68.07 at 1315 hours on strong dollar demand from importers amid continuing capital outflow by foreign funds

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Rupee Down 21 Paise Against Dollar In Early Trade

Dollar surging against other Asian currencies and a lower opening in domestic equities also weighed on the domestic unit, dealers said.

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Rupee Moves Up 11 Paise Against Dollar

Forex dealers said that besides sustained selling of the American unit by exporters, the dollar's weakness against some currencies overseas and a higher opening of the domestic equity market supported the rupee.

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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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