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RBI Likely Sells Dollars As Rupee Hits Fresh Record Low
The rupee sank to a new record low on Monday, following the pound's tumble and fears over more aggressive monetary tightening, with traders saying the Reserve Bank of India likely sold dollars to contain the decline.
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Rupee's Fall Against Dollar Lower Than Other Major Currencies: CEA
Chief Economic Advisor (CEA) V Anantha Nageswaran on Wednesday said that the depreciation of the rupee against the US dollar has been lower than other major global currencies such as the Euro, the British pound and the Japanese yen.
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Rupee Ends Lower At 68.01 Against US Dollar. 5 Things To Know
The Indian rupee on Friday ended lower at 68.01 against the US dollar. However, the pound sterling finished lower at Rs 90.30/32 at the close of the Interbank Foreign Exchange (forex) market today. In early trade today, the Indian rupee plunged by 36 paise to hit a three-week low of 67.98 against the US dollar following strong demand for the greenb...
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US Dollar Falls To Lowest Since 2015: Who Wins, Who Loses In 10 Points
The dollar index, which tracks the greenback against a basket of six major currencies like euro, Japanese yen, and British pound, fell to 91.082 today, its lowest level since January 2015. The latest trigger for the dollar weakness is the comment from European Central Bank chief Mario Draghi, who suggested the central bank may begin tapering its ma...
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RBI Sets Rupee Reference Rate At 68.36 Against US Dollar
The exchange rates for the pound and the yen against the rupee were 86.28 and 59.96 per 100 yens, respectively.
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Forex Reserves Off Record High, Down $4 Billion: RBI
Foreign currency assets, expressed in US dollar terms, include the effect of appreciation/depreciation of non-US currencies such as the euro, pound and the yen held in the reserves.
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Rupee Snaps Three-Day Rally, Ends At 66.51 Against Dollar
Bullish dollar sentiment overseas alongside sluggish domestic equity market predominantly impacted the domestic currency.
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Weak Post-Brexit Pound To Benefit Jaguar Land Rover In Long Run: Tata Motors
Tata Motors expects its British arm Jaguar Land Rover (JLR) to benefit from a weak post-Brexit pound in the long term despite taking a heavy hit in the first quarter of this fiscal year due to adverse foreign exchange rates.
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Brexit Hits Sensex, But Raghuram Rajan's Rupee Defence Cushions Impact
The UK's decision to vote for Brexit led to a 10 per cent crash in pound and triggered carnage in global financial markets on Friday. The BSE Sensex also fell sharply, plunging as much as 1,091 points in the wake of Brexit-led global volatility.
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What Brexit Means For Your Holidays In Britain
It was a terrible Friday for many Indians, especially those with heavy exposure in stock markets. The BSE Sensex plunged nearly 1,100 points in morning trade, following news that the UK has voted in favour for Brexit.
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Sensex Dives 1,100 Points On Brexit But Ends Off Lows, Rupee Slides
The BSE Sensex traded nearly 300 points off the day's low, while the Nifty bounced back above the key 8,000 levels, tracking the recovery in European stock markets.
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Sensex Sinks 1,000 Points On Brexit, Investors Poorer By Rs 4 Lakh Crore
It's a Black Friday for global financial markets as voters in Britain voted in favour of quitting the European Union. In India, the BSE Sensex slumped over 1,050 points or nearly 4 per cent, while the broader Nifty index traded below the psychological 8,000 levels as Brexit fears came true.
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Brexit Impact: Sensex Tumbles Over 1,000 Points, Rupee Past 68/Dollar
The BSE Sensex slumped over 1,050 points or nearly 4 per cent, while the broader Nifty index traded below the psychological 8,000 levels as Brexit fears came true. The rupee plunged over 1.4 per cent to 68.21 per dollar mark.
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Black Friday In Stock Markets As Brexit Outcome Leads In UK Vote
Indian stock markets and the rupee are likely to open gap down, tracking huge volatility in global financial markets today. The British pound sank over 9 per cent, its biggest fall in living memory as Brexit vote led in UK referendum. A vote for Brexit will unleash volatility not seen in a quarter of a century, analysts say.
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No Panic On Dalal Street Yet, But Vote For Brexit Could Trigger Crash
Friday could be a big day for investors, and no matter what analysts say, they should be prepared for huge volatility at the start of trade ahead of Brexit verdict on Friday.
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RBI Likely Sells Dollars As Rupee Hits Fresh Record Low
The rupee sank to a new record low on Monday, following the pound's tumble and fears over more aggressive monetary tightening, with traders saying the Reserve Bank of India likely sold dollars to contain the decline.
-
Rupee's Fall Against Dollar Lower Than Other Major Currencies: CEA
Chief Economic Advisor (CEA) V Anantha Nageswaran on Wednesday said that the depreciation of the rupee against the US dollar has been lower than other major global currencies such as the Euro, the British pound and the Japanese yen.
-
Rupee Ends Lower At 68.01 Against US Dollar. 5 Things To Know
The Indian rupee on Friday ended lower at 68.01 against the US dollar. However, the pound sterling finished lower at Rs 90.30/32 at the close of the Interbank Foreign Exchange (forex) market today. In early trade today, the Indian rupee plunged by 36 paise to hit a three-week low of 67.98 against the US dollar following strong demand for the greenb...
-
US Dollar Falls To Lowest Since 2015: Who Wins, Who Loses In 10 Points
The dollar index, which tracks the greenback against a basket of six major currencies like euro, Japanese yen, and British pound, fell to 91.082 today, its lowest level since January 2015. The latest trigger for the dollar weakness is the comment from European Central Bank chief Mario Draghi, who suggested the central bank may begin tapering its ma...
-
RBI Sets Rupee Reference Rate At 68.36 Against US Dollar
The exchange rates for the pound and the yen against the rupee were 86.28 and 59.96 per 100 yens, respectively.
-
Forex Reserves Off Record High, Down $4 Billion: RBI
Foreign currency assets, expressed in US dollar terms, include the effect of appreciation/depreciation of non-US currencies such as the euro, pound and the yen held in the reserves.
-
Rupee Snaps Three-Day Rally, Ends At 66.51 Against Dollar
Bullish dollar sentiment overseas alongside sluggish domestic equity market predominantly impacted the domestic currency.
-
Weak Post-Brexit Pound To Benefit Jaguar Land Rover In Long Run: Tata Motors
Tata Motors expects its British arm Jaguar Land Rover (JLR) to benefit from a weak post-Brexit pound in the long term despite taking a heavy hit in the first quarter of this fiscal year due to adverse foreign exchange rates.
-
Brexit Hits Sensex, But Raghuram Rajan's Rupee Defence Cushions Impact
The UK's decision to vote for Brexit led to a 10 per cent crash in pound and triggered carnage in global financial markets on Friday. The BSE Sensex also fell sharply, plunging as much as 1,091 points in the wake of Brexit-led global volatility.
-
What Brexit Means For Your Holidays In Britain
It was a terrible Friday for many Indians, especially those with heavy exposure in stock markets. The BSE Sensex plunged nearly 1,100 points in morning trade, following news that the UK has voted in favour for Brexit.
-
Sensex Dives 1,100 Points On Brexit But Ends Off Lows, Rupee Slides
The BSE Sensex traded nearly 300 points off the day's low, while the Nifty bounced back above the key 8,000 levels, tracking the recovery in European stock markets.
-
Sensex Sinks 1,000 Points On Brexit, Investors Poorer By Rs 4 Lakh Crore
It's a Black Friday for global financial markets as voters in Britain voted in favour of quitting the European Union. In India, the BSE Sensex slumped over 1,050 points or nearly 4 per cent, while the broader Nifty index traded below the psychological 8,000 levels as Brexit fears came true.
-
Brexit Impact: Sensex Tumbles Over 1,000 Points, Rupee Past 68/Dollar
The BSE Sensex slumped over 1,050 points or nearly 4 per cent, while the broader Nifty index traded below the psychological 8,000 levels as Brexit fears came true. The rupee plunged over 1.4 per cent to 68.21 per dollar mark.
-
Black Friday In Stock Markets As Brexit Outcome Leads In UK Vote
Indian stock markets and the rupee are likely to open gap down, tracking huge volatility in global financial markets today. The British pound sank over 9 per cent, its biggest fall in living memory as Brexit vote led in UK referendum. A vote for Brexit will unleash volatility not seen in a quarter of a century, analysts say.
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No Panic On Dalal Street Yet, But Vote For Brexit Could Trigger Crash
Friday could be a big day for investors, and no matter what analysts say, they should be prepared for huge volatility at the start of trade ahead of Brexit verdict on Friday.
