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  • Rupee falls 52 paise to close at 81.85 against US dollar on forex outflows, firm crude Dec 05, 2022 08:42 PM IST

    Rupee falls 52 paise to close at 81.85 against US dollar on forex outflows, firm crude

    Forex traders said a weak dollar in the overseas market cushioned the downside for the local unit.

  • Rupee falls 5 paise to close at 81.79 against US dollar Nov 21, 2022 08:36 PM IST

    Rupee falls 5 paise to close at 81.79 against US dollar

    The domestic unit finally settled at 81.79 against the American currency, registering a fall of 7 paise over its last close.

  • Dollar bounces as U.S. economy sends mixed signals; sterling drops Nov 17, 2022 08:08 PM IST

    Dollar bounces as U.S. economy sends mixed signals; sterling drops

    The greenback has tumbled in recent weeks as inflation data and comments from Federal Reserve officials have suggested that the central bank can soon slow the pace of its punishing interest rate hikes.

  • Rupee falls 37 paise to close at 81.63 against US dollar Nov 17, 2022 04:08 PM IST

    Rupee falls 37 paise to close at 81.63 against US dollar

    Forex traders said the American currency strengthened after strong US retail sales data pointed to resilient consumption adding room for tighter policy by the US Federal Reserve.

  • Commodities LIVE: Rupee at 7-week high vs. USD, where is it headed? Nov 11, 2022 12:53 PM IST

    Commodities LIVE: Rupee at 7-week high vs. USD, where is it headed?

    Catch today's commodity chat with Manisha Gupta to know how the surge could impact you!

  • Hard work doesn't pay without God's blessings, 130 crore Indians want pictures of Lakshmi, Ganesh on currency: Arvind Kejriwal Oct 28, 2022 05:53 PM IST

    Hard work doesn't pay without God's blessings, 130 crore Indians want pictures of Lakshmi, Ganesh on currency: Arvind Kejriwal

    Blessings of the Almighty are necessary for hard work to translate into success, the Aam Aadmi Party leader said. Kejriwal reiterated his demand to print pictures of the two Hindu deities on currency notes at a rally at Morva Hadaf in Panchmahal district of Gujarat where Assembly elections are expected to be announced soon.

  • Kejriwal’s suggestion for deities’ images on banknotes sparks furore Oct 26, 2022 07:18 PM IST

    Kejriwal’s suggestion for deities’ images on banknotes sparks furore

    Other parties term move opportunistic, with an eye on garnering the Hindu vote in the forthcoming Gujarat election

  • Attempt to hide anti-Hindu face: BJP's Manoj Tiwari over Arvind Kejriwal seeking Lakshmi, Ganesha images on currency notes Oct 26, 2022 02:26 PM IST

    Attempt to hide anti-Hindu face: BJP's Manoj Tiwari over Arvind Kejriwal seeking Lakshmi, Ganesha images on currency notes

    If Kejriwal really meant what he said then he should expel former Delhi minister Rajendra Pal Gautam and AAP’s Gujarat unit president Gopal Italia from the party for ”speaking against Hindu deities”, Tiwari demanded.

  • US dollar drops to three-week low as traders weigh a Fed pivot Oct 26, 2022 02:21 PM IST

    US dollar drops to three-week low as traders weigh a Fed pivot

    A slew of US data on manufacturing, home prices and consumer confidence have all fallen short of economist estimates, underscoring the toll of Fed tightening

  • Stocks, pound up as Rishi Sunak poised to become new British Prime Minister Oct 24, 2022 10:26 PM IST

    Stocks, pound up as Rishi Sunak poised to become new British Prime Minister

    European markets closed in positive territory, despite data showing Britain and Germany heading for recession and the Hong Kong stock market plunging

  • Dollar shrugs off suspected Japan intervention; pound eyes UK politics Oct 24, 2022 05:11 PM IST

    Dollar shrugs off suspected Japan intervention; pound eyes UK politics

    The dollar held firm in the face of a report on Friday from the Wall Street Journal that said Federal Reserve officials will likely debate the size of future interest rate hikes, which in turn kept Treasury yields from drifting higher.

  • Harry Potter is on UK currency for the first time ever Oct 23, 2022 04:05 PM IST

    Harry Potter is on UK currency for the first time ever

    Coins from the Royal Mint mark 25 years since the first Harry Potter book.

  • Rupee slips 9 paise to close at 82.88 against US dollar Oct 21, 2022 10:06 PM IST

    Rupee slips 9 paise to close at 82.88 against US dollar

    At the interbank foreign exchange market, the local currency opened at 82.89 and witnessed a high of 82.59 and a low of 82.91.

  • Smartphone apps bury the case for a pan-Asian currency Oct 17, 2022 09:38 AM IST

    Smartphone apps bury the case for a pan-Asian currency

    The debt crisis in southern Europe — and the threat it posed to the single currency in the early part of the last decade — ended that pipe dream.

  • Soaring dollar leaves food piled up in ports as world hunger grows Oct 16, 2022 06:31 AM IST

    Soaring dollar leaves food piled up in ports as world hunger grows

    Around the world, countries that rely on food imports are grappling with a destructive combination of high interest rates, a soaring dollar and elevated commodity prices, eroding their power to pay for goods that are typically priced in the greenback

  • As the causes of US inflation grow, so do the dangers Oct 15, 2022 10:08 AM IST

    As the causes of US inflation grow, so do the dangers

    High inflation has now spread well beyond physical goods to the nation’s vast service sector, which includes everything from dental care and apartment rents to auto repairs and hotel rates. The broadening of inflation makes it harder to tame

  • Are money markets sending out distress smoke signals? Oct 11, 2022 09:15 AM IST

    Are money markets sending out distress smoke signals?

    A sharp jump in long term benchmark yields marks a sign of stress. Expected equity returns will increase and borrowing costs will also increase. A weaker rupee makes matters worse. There’s a message here for traders

  • In Pakistan, used cars have more lasting value than money Oct 09, 2022 05:27 PM IST

    In Pakistan, used cars have more lasting value than money

    A falling currency, protectionist market, and high inflation all contribute to the rising value of ­cars—and a frenzied market for used ones.

  • Slide in Asian currencies as dollar soars is a shadow of 1990s crisis Oct 07, 2022 09:14 AM IST

    Slide in Asian currencies as dollar soars is a shadow of 1990s crisis

    Currencies are down and inflation is up. Just don’t look for a replay of the 1990s

  • Rupee falls 32 paise to close at all-time low of 81.94 against US dollar Oct 06, 2022 04:28 PM IST

    Rupee falls 32 paise to close at all-time low of 81.94 against US dollar

    At the interbank foreign exchange market, the local currency opened on a positive note at 81.52, then pared all the gains to settle at an all-time low of 81.94 against the American currency, registering a decline of 32 paise over its previous close.

  • World currency reserves shrink by $1 trillion in record drawdown Oct 06, 2022 06:55 AM IST

    World currency reserves shrink by $1 trillion in record drawdown

    Reserves have declined by about $1 trillion, or 7.8%, this year to $12 trillion, the biggest drop since Bloomberg started to compile the data in 2003.

  • BRICS nations talk on reserve currency to reduce dependence on dollar, euro Oct 04, 2022 09:14 AM IST

    BRICS nations talk on reserve currency to reduce dependence on dollar, euro

    The reserve currency will be based on a basket of the currencies of the five-nation bloc.

  • Sterling helped by tax cut U-turn, yen steadies past 145 per dollar Oct 03, 2022 05:04 PM IST

    Sterling helped by tax cut U-turn, yen steadies past 145 per dollar

    The pound touched $1.128 after media reports of the u-turn, its highest level since Sept. 22, the day before British finance minister Kwasi Kwarteng sent markets tumbling with a new "growth plan" to cut taxes and regulation, funded by vast government borrowing.

  • World economy roiled by simultaneous shocks echoing 2007 anxiety Oct 02, 2022 06:17 AM IST

    World economy roiled by simultaneous shocks echoing 2007 anxiety

    Having failed to foresee the surge in inflation to multi-decade highs, the Federal Reserve and most peers are now lifting rates at speed in a bid to restore price stability and their own credibility

  • Watch | How Rupee's Fall Affects Stock Market & Foreign Investment Sep 29, 2022 12:02 PM IST

    Watch | How Rupee's Fall Affects Stock Market & Foreign Investment

    The Indian rupee has a major fall against the dollar. FIIs, being the largest group of investors in the Indian stock market, may lead to rupee appreciation with investment and depreciation through selling. But does it actually affect the equity market? Let's find out