The rupee rose 5 paise to 90.67 (provisional) against the US dollar on Wednesday, driven by foreign fund inflows and positive domestic equity markets. However, higher global crude prices and a strengthening dollar blocked sharp gains in the local unit, forex traders said. At the interbank forex market, the rupee opened at 90.60 against the […]
The rupee devalued by 6 paise to 90.62 against the US dollar in early trade on Wednesday as geopolitical tensions and demand for the dollar from importers weighed on investor sentiment. At the interbank forex market, the rupee opened at 90.56 against the US dollar but subsequently lost some ground to settle at 90.62, posting […]
The rupee traded within a narrow range against the US dollar in early trade on Wednesday after support from positive domestic equities was offset by month-end dollar demand. Forex traders said the major factors affecting the rupee are geopolitical developments. Moreover, the Reserve Bank of India has also intervened on both the buying and selling […]
CHENNAI: 22/07/2025: A look at the American Doller…..Photo: SRINATH M/ THE HINDU | Photo credit: SRINATH M India’s foreign exchange reserves rose by $4.49 billion week-on-week to $702.28 billion on October 17, mainly led by a sharp increase in gold reserves, according to data released by the Reserve Bank of India. Foreign currency assets (FCA) […]
CHENNAI: 22/07/2025: A look at the American Doller…..Photo: SRINATH M/ THE HINDU | Photo credit: SRINATH M India’s foreign exchange reserves rose by $4.49 billion week-on-week to $702.28 billion on October 17, mainly led by a sharp increase in gold reserves, according to data released by the Reserve Bank of India. Foreign currency assets (FCA) […]
The dollar reached a low point of five weeks on Monday when investors looked ahead this week to a series of data from the American labor market that can influence the expectations for the relaxation path of the Federal Reserve. Traders also assessed Friday’s US inflation figures and a decision that most of Donald Trump’s […]
RBI’s Golden Owning rose to 879.59 tons towards the end of March 2025, an increase of 57.49 tons compared to 822.10 tons of tons at the end of March 2024 | Photocredit: Reuters The Reserve Bank of India (RBI) has reduced the possession of the American Treasury Securities in the last year by $ 14.5 […]
The rupid has written off 22 Paise and dropped below 86 level to close at 86.02 (for the time being) against the US dollar on Monday in the midst of an increase in global prices for crude oil and a reinforcement of the Greenback. According to Forex Traders, the foreign fund and delay in every […]
June 5, 2025 (MLN): The short -term inflation of Pakistan increased by 0.02% compared to the last week, while it fell by 0.02% compared to the same period last year, the Pakistan Bureau of Statistics (PBS) reported Friday. During the week, of 51 items, the prices of 18 (35.29%) items rose, 06 (11.77%) items broken […]
June 5, 2025 (MLN): The convergence of rising energy prices and falling costs of distributed energy sources (Ders), such as Fotovoltaic (PV) systems on the roof and battery energy storage systems (BESS), has encouraged consumers to adopt decentralized energy solutions. By one report By the Institute for Energy Economics and Financial Analysis (ieefa) entitled ‘battery […]