Latest Updates Around The World
The rupee pared initial gains to end day 6 lower at 90.29 (provisional) against the US dollar on Wednesday after likely central bank intervention was offset by a strong dollar, foreign outflows from capital markets and higher crude oil prices.Forex traders said the rupee is likely to trade with a negative impact on risk aversion […]
The rupee recovered from its all-time low to rise 19 paise to 89.96 against the US dollar on Thursday, following weakness in the US dollar index and reports of the Reserve Bank of India’s supposed intervention.Forex traders said the dollar fell after ADP non-farm payrolls data came in sharply below expectations, and softness in the […]
