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Rupee falls 13 paise to 95.56 against US dollar in early trade
Rupee declines 13 paise to 95.56 against the US dollar amid rising crude prices and geopolitical tensions.
Rupee falls 13 paise to 95.56 against US dollar on oil price rise, Fed bets
The rupee fell 13 paise to trade at 95.56 per US dollar on Monday morning pressured by rising crude oil prices and geopolitical strain. Forex…
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India's forex reserves jumps $12.42 billion to all-time high of $729.3 billion
Value of gold reserves increased USD 2.801 billion to USD 114.218 billion during the week. The special drawing rights (SDRs) were up by USD 112…
Stocks drop as Warsh fans US rate hike bets, crude up on US-Iran strikes
All three main indexes on Wall Street fell Friday. Yields on short-term US Treasury bonds -- which reflect monetary policy expectations -- jumped, and the…
Short-term rates ease as banks see surge in dollar deposits
Large banks secured significant dollar deposits, easing short-term borrowing costs for smaller institutions. This influx of funds has boosted banking system liquidity considerably in recent…
Weekly economy wrap: Forex reserves at record high as monsoon risk persists
Record forex reserves and stronger credit flows provided support, but uneven monsoon rains, food-price interventions and external risks kept policymakers on alert
Indonesia eases forex deposit rules for qualifying mining exporters
Indonesia is easing export-proceeds rules for qualifying mining companies, allowing them to retain at least 30 percent of natural-resource export proceeds for ...
Scott Bessent Blasts Elizabeth Warren, Says She Knows ‘Even Less’ About Forex Than Banking
Scott Bessent and Elizabeth Warren clashed over the yen intervention, trading barbs over its effectiveness and Treasury’s transparency.
Here’s What Jim Cramer Thinks Is In Store For PayPal Holdings, Inc. (NASDAQ:PYPL) & Klarna
PayPal Holdings, Inc. (NASDAQ:PYPL)’s shares underwent significant turmoil on Friday after they closed a whopping 12.7% lower. The dip came after reports sur...
Japan spends record ¥15.39 trillion in July-August forex interventions
Japanese authorities spent ¥15.39 trillion in foreign exchange market interventions from July 30 to Wednesday, the Finance Ministry said Friday. The figure marked the largest-ever…
RBI push: Forex reserves at all-time high of $729.3bn
India Business News: MUMBAI: The country’s foreign exchange reserves rose by $12.4 billion in the week ended Aug 21, to an all-time high of $729.3…