Dec 21, 2011 03:40 AM IST
Global stocks posted their strongest gains in three weeks and the euro rose on Tuesday on signs of improved economic prospects in Germany and the United States, as well as a better-than-expected Spanish debt auction.
- Dec 19, 2011 07:56 PM IST
INDIA-TRADE-MIN-RUPEE:Depreciating rupee 'matter of concern' - Anand Sharma
- Dec 16, 2011 09:46 AM IST
The year gone by has not been great in terms of performance for the Indian markets. UR Bhat, managing director, Dalton Capital Advisors continuing his pessimistic view on market sees no reason to be bullish on Indian market in 2012 as well.
- Dec 14, 2011 10:52 AM IST
The battered Indian rupee hit a record low against the US dollar on Tuesday. The rupee opened at 53.53 per dollar versus 53.23 yesterday. Moses Harding of IndusInd Bank feels the rupee weakness was not a surprise, but at the pace at which it fell from Rs 44 to Rs 54 levels in just five-six trading days is very worrying.
- Dec 08, 2011 06:58 PM IST
Last fortnight proved to be vulnerable for high yielding currencies as political uncertainties over the implementation of EFSF were mounting on the Euro zone.
- Dec 08, 2011 06:35 PM IST
In the previous fortnight, the Indian markets rallied on the back of developments in the international arena. They also agreed to reduce the interest rate on dollar liquidity swap lines by 0.5%.
- Dec 05, 2011 07:00 PM IST
Snapping a two-day gaining streak, the rupee today fell by 21 paise to 51.41/42 against the US dollar on hefty demand for the US currency from importers amid weakness in local stocks.
- Dec 05, 2011 05:52 PM IST
Angel Commodities has come out with its report on international commodities. According to the research firm Gold and Silver are expected to trade with a positive bias today as weakness in the US dollar will help support prices in the international markets.
- Dec 01, 2011 05:25 PM IST
Angel Commodities has come out with its report on international commodities. According to the research firm US Dollar weakness is expected to support gold and silver prices in the international markets today.
- Nov 30, 2011 08:22 PM IST
Stocks advanced while the US dollar fell on Wednesday after global central banks announced a coordinated move to keep funds flowing through financial markets that are being rocked by the eurozone's escalating sovereign debt crisis.
- Nov 25, 2011 06:36 PM IST
US dollar ends higher against Rupee
- Nov 25, 2011 04:36 PM IST
Weak rupee fueling inflation: FinMin
- Nov 24, 2011 04:36 PM IST
In the wake of the depreciation of the Rupee against the US Dollar, India needs to implement measures in a considered and thoughtful way, Chairperson and Managing Director of Biocon Limited, Kiran Mazumdar Shaw said today.
- Nov 24, 2011 03:02 PM IST
The sharp slide in the rupee, Asia's worst performing currency, will add slightly to inflation by raising the cost of imported goods, but that may not be enough to prompt the Reserve Bank of India to raise interest rates at its December policy review.
- Nov 23, 2011 06:42 PM IST
The Reserve Bank of India (RBI) will intervene to smooth sharp movements in the rupee and prevent a downward spiral in its value, but will balance this with the need to retain reserves in the event of prolonged turbulence, its deputy head said on Wednesday.
- Nov 23, 2011 04:46 PM IST
The rupee slid to an all-time low of 52.73 against the US dollar on Tuesday but bounced back more than 1% on Wednesday after suspected RBI intervention.
- Nov 23, 2011 01:50 PM IST
The finance ministry is not in favour of any "undue" intervention by the RBI in the forex market to prop up the rupee, a senior finance ministry source told Reuters on Wednesday, a day after the local currency hit a record low against the US dollar.
- Nov 22, 2011 07:00 PM IST
Even as the rupee fell to an all- -time low of 52.73 vis-a-vis US dollar today, the government said RBI will take the required action while conceding the central bank's intervention may not be of much help.
- Nov 22, 2011 01:00 PM IST
Geojit Comtrade has come out with its report on currency
- Nov 21, 2011 06:29 PM IST
Currencies witnessed another round of extreme volatility in the fortnight gone by. The data and event risk from the US did not guide the greenback as much as the health of the global financial markets did.
- Nov 21, 2011 02:36 PM IST
With Indian exporters witnessing "unexpected" gains due to rupee depreciation against the US dollar, global buyers have started putting pressure on them to offer discounts of 5-10% on shipments, citing recessionary conditions or by finding fault with products.
- Nov 17, 2011 08:46 AM IST
Spot gold edged lower on Thursday, tracking losses in riskier assets, as the markets remain jittery over the euro zone debt crisis while the bloc's political wrangling continues.
- Nov 02, 2011 11:30 AM IST
The Reserve Bank of Australia earlier today lowered its benchmark Cash Rate by 25 bps to 4.50%, which was the first rate cut in nearly 30-months.
- Oct 20, 2011 03:45 AM IST
US stocks fell and the euro edged lower on Wednesday after optimism faded that European leaders will make substantial progress on resolving the euro zone debt crisis at their summit meeting this weekend.
- Oct 13, 2011 01:00 PM IST
Angel Broking has come out with its report on Rupee. According to the research firm Indian Rupee is expected to trade with an appreciation bias today taking cues from positive sentiments in the global markets which also help rise in domestic equities.