- Friday
- May 3rd, 2024
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[ad_1] Yields of government securities (G-Secs) spiked, tracking US Treasury yields, which rose due to higher-than-expected inflation. The rupee weakened against the dollar, which gained against most currencies due to the possibility that rate cuts may be delayed by the...
[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...
[ad_1] The rupee appreciated 9 paise to close at 83.30 (provisional) against the US dollar as the Reserve Bank of India on Friday kept the benchmark interest rate unchanged at 6.5 per cent for the seventh time in a row.Also...
[ad_1] The rupee depreciated by 3 paise to close at 83.45 (provisional) against the US dollar on Wednesday, weighed down by elevated crude oil prices in international markets and persistent foreign fund outflows.A muted trend in domestic equities also dented...
[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...
[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...
[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...
[ad_1] <!-- --> In the interbank foreign exchange market, the rupee commenced trading at 83.33 against the dollar. It dipped to an early low of 83.34, marking a decline of 5 paise compared to its previous close. Published Date -...
[ad_1] Three factors — the US Fed’s likely move to cut interest rates, a weaker dollar and geopolitical tension — will likely keep gold prices elevated in 2024 with research agencies raising their price forecast for the precious metal. JP Morgan...
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