The national currency in a number of countries: the United States, Canada, Australia, New Zealand etc. = 100 cents. The name originated from the word "Thaler" which was the name for a black metal coin in Europe.
IIFL's Disha Bhatt expects the rupee to head towards 60 per dollar by December-end. She cites rollback of stimulus or bond buying by the US Federal Reserve and rise in dollar demand by oil importers
The Aussie dollar has shed almost five percent in the past two weeks against the US dollar, hurt by signs of weakness in the Australian and Chinese economies, broad strength in the greenback and a
The Indian rupee slipped below the key psychological mark of 56 to the dollar on Thursday on the back of strength seen in US dollar. In an interview to CNBC-TV18 Nick Verdi of Barclays Capital said
, provided by Bernanke still being dovish.Talking on dollar-yen, he says he is still biased towards a weaker yen going forward. He is feels that BOJ does not want Japanese Government Bonds
