The People's Bank of China set the value of the yuan -- also known at the renminbi (RMB) -- at 6.4943 to USD 1.0, weakening 0.59 percent from the fix of 6.4565 the previous day, according to data from the Foreign Exchange Trade Sy...
04 May 2016, 4.02 pm | Source: PTI
China's yuan is forecast to weaken slightly against the dollar over the coming year, while the Indian rupee and South Korean won are expected to slip a bit as well, views that haven't changed much since the start of the year.
04 May 2016, 2.00 pm | Source: Reuters
The average annual exchange rate fell by over 6 percent to 65.5 per dollar in 2015-16 as against the previous year as the greenback remained stronger than most currencies globally, Finance Minister Arun Jaitley said in a written r...
04 May 2016, 9.40 am | Source: PTI
The Rupee is expected to hold in the 66.05-66.85/dollar range, says Bansi Madhvani of India Ratings.
04 May 2016, 9.02 am | Source: Moneycontrol.com
Deterioration in global sentiment and sell-off from domestic markets may keep the bond yields from softening further, says Bansi Madhvani, India Ratings.
04 May 2016, 8.58 am | Source: CNBC-TV18
The USD-INR pair continues to trade the 66-67/dollar range with good portfolio flows continuing, says Ashutosh Raina of HDFC Bank.
03 May 2016, 9.03 am | Source: Moneycontrol.com
We expect the pair to continue trading this range with an appreciating bias, although sharp gains may be capped by some intervention, says Ashutosh Raina, HDFC Bank.
03 May 2016, 8.48 am | Source: CNBC-TV18
Euro shines on lackluster US dollar
03 May 2016, 5.00 am | Source: Mecklai Financial
State-run NTPC Ltd's bond issue was oversubscribed 2.8 times in just 10 minutes today after hitting the market, raising a total of Rs 1,000 crore, which would be used for capital expenditure.
02 May 2016, 4.20 pm | Source: PTI
US Jobs data will be eyed, as the Fed, in its last week's policy, remained non committal on path of future rate trajectory, says Bansi Madhvani, India Ratings.
02 May 2016, 9.03 am | Source: CNBC-TV18
The positive bias is expected to continue but quantum of gains might be limited due to rangebound trading in the absence of fresh triggers, says Ajay Manglunia, Edelweiss.
02 May 2016, 9.02 am | Source: CNBC-TV18
We expect the USD-INR to be ranged between 66.05-66.85/dollar this week, says Bansi Madhvani of India Ratings.
02 May 2016, 9.02 am | Source: Moneycontrol.com
Gold continues to outperform
02 May 2016, 5.00 am | Source: Mecklai Financial
The yen posted its biggest weekly gain since the 2008 financial crisis, also spurred by a weak reading of US economic growth in the first quarter on Thursday and the Federal Reserve's cautious tone this week.
30 Apr 2016, 12.12 pm | Source: Reuters
The central bank, the People's Bank of China (PBOC), set the midpoint of the yuan trading band against the dollar at 6.4589, down 0.56 percent compared with the previous fix at 6.4954. That's the biggest change since 2005, when Ch...
29 Apr 2016, 10.13 am | Source: CNBC
The Indian rupee has started off last day of the week on a positive note, rising to 66.48 a dollar compared to 66.52 per dollar in previous session.
29 Apr 2016, 9.02 am | Source: Moneycontrol.com
Weakness in the dollar can help the rupee to appreciate and test Rs 66.20/USD levels, says Pramit Brahmbhatt, Veracity.
29 Apr 2016, 8.54 am | Source: CNBC-TV18
The dollar slid to as low as 107.075 yen, the greenback's weakest level since October 2014. The dollar was last trading at 107.37 yen, down 0.7 percent on the day, following on from a 3.0 percent fall on Thursday.
29 Apr 2016, 8.49 am | Source: Reuters
The Indian rupee has opened at 66.39 per dollar up 0.13. Mohan Shenoi of Kotak Mahindra Bank expects the USD-INR pair to trade in a range of Rs 66.35-66.65/USD today.
28 Apr 2016, 9.09 am | Source: Moneycontrol.com
The bond markets are rangebound as substantial liquidity infusion into money markets is yet to happen, says Mohan Shenoi, Kotak Mahindra Bank.
28 Apr 2016, 9.08 am | Source: CNBC-TV18
Cable rallies on dovish FED
28 Apr 2016, 5.00 am | Source: Mecklai Financial
The dollar holds near a 3-week high against the yen on expectations of further Bank of Japan easing this week.
27 Apr 2016, 9.00 am | Source: Moneycontrol.com
The 10-year benchmark yield is expected to trade in the 7.42-7.50% range, says Bansi Madhavani, India Ratings.
27 Apr 2016, 9.00 am | Source: CNBC-TV18
Crude Oil at five month high
27 Apr 2016, 5.00 am | Source: Mecklai Financial
The Indian rupee has opened marginally lower at 66.72 a dollar on Tuesday compared to 66.61 a dollar in previous session.
26 Apr 2016, 9.18 am | Source: Moneycontrol.com
The US dollar weakened against major currencies on expectations of a dovish US Fed. The US FDA rate hikes, if they do happen, could strengthen the currency, says Sameer Goel of Deutsche Bank.
26 Apr 2016, 9.02 am | Source: CNBC-TV18
The bonds are stuck in a range with the 10-year benchmark yield hovering around 7.47% levels, says Ashutosh Raina, HDFC Bank.
26 Apr 2016, 8.58 am | Source: CNBC-TV18
There are expectations that the Bank of Japan could start lending to banks at negative rates, says Nizam Idris of Macquarie.
25 Apr 2016, 12.35 pm | Source: CNBC-TV18
The dollar was weak against major global currencies and the domestic equity market saw a higher opening, which capped the rupee losses, dealers said.
25 Apr 2016, 10.53 am | Source: PTI
The trading range for the day will be between 66.20-66.80/dollar, says Pramit Brahmbhatt of Veracity.
25 Apr 2016, 9.02 am | Source: Moneycontrol.com