Latest Updates Around The World
The Indian rupee ended slightly lower on Friday, posting a weekly loss, as steady demand for dollars from corporates and in the non-deliverable futures market erased gains fueled by aggressive central bank interventions.The rupee closed at 89.85 per dollar, slightly weaker than 89.7850 in the previous session. The currency fell 0.6% this week, reversing course […]
The Indian rupee ended slightly lower on Friday, posting a weekly loss, as steady demand for dollars from corporates and in the non-deliverable futures market erased gains fueled by aggressive central bank interventions.The rupee closed at 89.85 per dollar, slightly weaker than 89.7850 in the previous session. The currency fell 0.6% this week, reversing course […]
The RBI may announce a 25 basis point cut in repo rate at the upcoming December monetary policy meeting, driven by a sharp decline in inflation and strong growth momentum, a report by credit rating agency CareEdge said on Tuesday.According to the report, inflation fell to a ten-year low of 0.3 per cent in October, […]
The Indian rupee closed almost flat on Tuesday, giving up early gains as demand for dollars from importers offset broader strength in regional currencies at the end of the month.The rupee ended at 89.22 against the US dollar, little changed from the closing rate of 89.23 in the previous session. The currency found its footing […]
