RBI comes out with FEMA regulations for direct listing on international exchange

[ad_1] Listing of an Indian company on international stock exchanges got a push with the Reserve Bank of India (RBI) coming out with regulations under Foreign Exchange Management (FEMA). Experts believe new regulations will help companies utilise foreign exchange more...

Rupee rises 7 paise to close at 83.37 against US dollar

[ad_1] The rupee rises by 7 paise to close at 83.37 (provisional) against the US dollar on Monday on positive domestic markets and a soft American currency. Forex traders said a decline in crude oil prices also supported the local...

Rupee falls 9 paise to 83.53 against US dollar in early trade

[ad_1] 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. Forex traders said a negative trend in domestic equities and sustained...

Rupee falls 6 paise to 83.44 against US dollar in early trade

[ad_1] The rupee declined 6 paise to 83.44 against the US dollar in early trade on Monday, tracking negative equity markets and withdrawal of foreign funds amid renewed concerns over geopolitical tensions in the Middle East. Forex traders said a...

India’s forex reserves rise to an all-time high of $649 billion

[ad_1] India’s foreign exchange (fx) reserves rose $2.98 billion in the first week of the new financial year to an all-time high of $648.562 billion as on April 5, 2024.Also read: G-Sec yields spike, rupee weakens on higher-than-expected US inflation...

Rupee falls 13 paise to close at 83.44 against US dollar

[ad_1] The rupee depreciated 13 paise to close at 83.44 against the US dollar on Friday, weighed down by a massive sell-off in domestic equities and a strong greenback against major crosses overseas.Forex traders said elevated crude oil prices also...

Rupee trades in narrow range against US dollar in early trade

[ad_1] The rupee witnessed range-bound trading in initial deals against the US dollar on Wednesday, as the support from positive macroeconomic data was negated by elevated crude oil prices. Forex traders said a negative trend in domestic equities and the...

Rupee trades in narrow range against US dollar in early trade

[ad_1] The rupee witnessed a range-bound trading in initial deals against the US dollar on Tuesday, weighed down by a strong American currency and elevated crude oil prices. At the interbank foreign exchange, the rupee opened at 83.37 against the...

Rupee falls 6 paise to settle at 83.39 against US dollar

[ad_1] The rupee depreciated 6 paise to settle at 83.39 (provisional) against the US dollar on Thursday due to a strengthening greenback against major rivals overseas and rising crude oil prices in the international markets.However, a firm trend in domestic...

CPAI seeks clarification on RBI circular on currency futures

[ad_1] The Commodity Participants Association of India has sought clarification from the banking regulator RBI whether clients with only underlying exposure will be allowed to trade in currency futures trading from April 5 and if so all the open positions...
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