US Federal Reserve officials once again signalled their preference for keeping interest rates high
US Federal Reserve officials once again signalled their preference for keeping interest rates high
Oil prices jumped in Asia with the Brent crude contract racing past $92 per barrel amidst the Israel-Palestine conflict
Expectations that India's central bank will sell dollars are 'deep-rooted' at present, says analyst
Three draws will be conducted to choose the winners next year in Dubai, Abu Dhabi and Sharjah
The Reserve Bank of India has managed to prevent the rupee from slipping to a record low by persistently intervening in spot and non-deliverable forwards. say traders
Likely intervention by the Reserve Bank of India (RBI) helped the local unit stay away from lifetime lows
Analysts expect it to stay steady at the current levels if the government maintains strict controls on foreign currency smuggling
Gains from firm domestic stocks were offset by rise in crude oil prices, the US dollar index remaining above the 106-mark against the leading currencies
Subdued equity market sentiment, elevated level of crude oil prices put downside pressure on the Indian currency, forex traders say
Withdrawal of foreign funds from domestic equities and upward movement in crude oil prices also weighed on the Indian currency, forex traders say