Currency Depreciation
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Rupee Falls 8 Paise To 86.87 Against US Dollar
The rupee failed to sustained its recovery and depreciated 8 paise to close at 86.87 (provisional) against the US dollar on Wednesday due to a firm American currency and unending outflow of foreign funds.
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Indian Rupee Performed Better Than Currencies Of Canada, Korea, Brazil: Economic Survey
The Indian rupee depreciated a modest 2.9 per cent in the first nine months of the current fiscal, performing better than other currencies like the Canadian Dollar, South Korean Won and the Brazilian Real, according to the Economic Survey.
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Rupee Weakens To Record Low Against US Dollar Amid Iran-Israel Conflict
The rupee depreciated 9 paise to 83.53 against the US dollar in early trade on Tuesday, weighed down by a strong American currency and elevated crude oil prices.
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Pak Currency Spirals Further, Plummets To Record Low Of 270 Against Dollar
Pakistan needs to complete the ninth review of a $7 billion IMF programme that would not only lead to a disbursement of $1.2 billion, but also unlock inflows from friendly countries and other multilateral lenders.
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Pakistan's Petrol, Diesel Prices Are At A Record High. Here's Why
Cash-strapped Pakistan announced a 35 rupees increase in the prices of petrol and diesel, days after its currency depreciated to its lowest against the US dollar in the interbank and open market.
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Pak Currency Plunges To 262 Against Dollar Amid IMF Aid Uncertainty
Cash-strapped Pakistan's currency depreciated to its lowest against the US dollar on Friday in the interbank and open market and closed at Rs 262.6.
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Bitcoin Hedge Appeal Increases for Investors Hit by British Pound Fiasco as Trading Volumes Skyrocket
A section of investors rapidly moved away from the British pound and towards Bitcoin following the announcement of former Prime Minister Liz Truss' mini-budget on September 23. In bitcoin's infancy, a key selling point was its potential protection against currency depreciation and inflation. Over time, cryptocurrencies began to trade more in lock...
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"Exercise Caution, Examine Fuel Situation": India To Nationals In Lanka
At a time when Sri Lanka is facing a severe economic crisis and a steep currency depreciation, India on Thursday urged its nationals living in Sri Lanka to exercise caution and examine the currency convertibility and fuel situation.
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Under Imran Khan Government, Pakistani Rupee Depreciated By 30.5%: Report
The Pakistani rupee's value against the US dollar has fallen by 30.5 per cent during the Imran Khan government's tenure, reported local media.
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BMW India Announces Price Hike Of Up To 3 Per Cent On BMW And Mini Cars From November 1
The price hike is applicable on both locally assembled completely knocked down (CKD) products as well as on completely built units (CBUs) or imported modes.
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Hero MotoCorp Hikes Prices Of Two-Wheelers
Prices of Hero scooters and motorcycles have been increased by up to Rs. 500 at the ex-showroom prices.
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China's Xi Jinping Says to Push Yuan Reform, FX Reserves Remain Ample: Report
China will push forward market-based reform of its currency regime and make the yuan convertible on the capital account over time, President Xi Jinping told the Wall Street Journal in an interview published on Tuesday.
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A Weakening Rupee Means More Investment for Indian Students Abroad
The global meltdown of stock markets and the Sensex's biggest slump in years has cost investors a lot of wealth. But the domino effect on the volatility of rupee has also impacted the Indian students studying abroad.
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PM's statement on the current economic situation in the country
Prime Minister Manmohan Singh said in Parliament on Friday that the sharp depreciation in the Indian rupee was a matter of concern, but he reiterated that the currency has overshot its true value, and promised a reversal.
-
Rupee Falls 8 Paise To 86.87 Against US Dollar
The rupee failed to sustained its recovery and depreciated 8 paise to close at 86.87 (provisional) against the US dollar on Wednesday due to a firm American currency and unending outflow of foreign funds.
-
Indian Rupee Performed Better Than Currencies Of Canada, Korea, Brazil: Economic Survey
The Indian rupee depreciated a modest 2.9 per cent in the first nine months of the current fiscal, performing better than other currencies like the Canadian Dollar, South Korean Won and the Brazilian Real, according to the Economic Survey.
-
Rupee Weakens To Record Low Against US Dollar Amid Iran-Israel Conflict
The rupee depreciated 9 paise to 83.53 against the US dollar in early trade on Tuesday, weighed down by a strong American currency and elevated crude oil prices.
-
Pak Currency Spirals Further, Plummets To Record Low Of 270 Against Dollar
Pakistan needs to complete the ninth review of a $7 billion IMF programme that would not only lead to a disbursement of $1.2 billion, but also unlock inflows from friendly countries and other multilateral lenders.
-
Pakistan's Petrol, Diesel Prices Are At A Record High. Here's Why
Cash-strapped Pakistan announced a 35 rupees increase in the prices of petrol and diesel, days after its currency depreciated to its lowest against the US dollar in the interbank and open market.
-
Pak Currency Plunges To 262 Against Dollar Amid IMF Aid Uncertainty
Cash-strapped Pakistan's currency depreciated to its lowest against the US dollar on Friday in the interbank and open market and closed at Rs 262.6.
-
Bitcoin Hedge Appeal Increases for Investors Hit by British Pound Fiasco as Trading Volumes Skyrocket
A section of investors rapidly moved away from the British pound and towards Bitcoin following the announcement of former Prime Minister Liz Truss' mini-budget on September 23. In bitcoin's infancy, a key selling point was its potential protection against currency depreciation and inflation. Over time, cryptocurrencies began to trade more in lock...
-
"Exercise Caution, Examine Fuel Situation": India To Nationals In Lanka
At a time when Sri Lanka is facing a severe economic crisis and a steep currency depreciation, India on Thursday urged its nationals living in Sri Lanka to exercise caution and examine the currency convertibility and fuel situation.
-
Under Imran Khan Government, Pakistani Rupee Depreciated By 30.5%: Report
The Pakistani rupee's value against the US dollar has fallen by 30.5 per cent during the Imran Khan government's tenure, reported local media.
-
BMW India Announces Price Hike Of Up To 3 Per Cent On BMW And Mini Cars From November 1
The price hike is applicable on both locally assembled completely knocked down (CKD) products as well as on completely built units (CBUs) or imported modes.
-
Hero MotoCorp Hikes Prices Of Two-Wheelers
Prices of Hero scooters and motorcycles have been increased by up to Rs. 500 at the ex-showroom prices.
-
China's Xi Jinping Says to Push Yuan Reform, FX Reserves Remain Ample: Report
China will push forward market-based reform of its currency regime and make the yuan convertible on the capital account over time, President Xi Jinping told the Wall Street Journal in an interview published on Tuesday.
-
A Weakening Rupee Means More Investment for Indian Students Abroad
The global meltdown of stock markets and the Sensex's biggest slump in years has cost investors a lot of wealth. But the domino effect on the volatility of rupee has also impacted the Indian students studying abroad.
-
PM's statement on the current economic situation in the country
Prime Minister Manmohan Singh said in Parliament on Friday that the sharp depreciation in the Indian rupee was a matter of concern, but he reiterated that the currency has overshot its true value, and promised a reversal.
