That of the US Federal Reserve January 23 decision Supporting the embattled Japanese yen is believed to be responsible for gold’s historic price rise above the US$5,000 per ounce level. The New York Federal Reserve reportedly carried out a “rate check” on currency traders regarding the exchange rate between the US dollar and the Japanese […]
The rupee fell to an all-time low of 89.79/$1 intraday before being pulled out of the depths following reported central bank interventions, but still recorded an all-time low of 89.55/$1 as unwinding of short positions by the Reserve Bank of India (RBI) had led to stop losses in the market in the morning, traders said.The […]
The US dollar fell sharply on Friday against large colleagues after crucial monthly baneng data demonstrated that American employers hired fewer employees than expected, which probably guarantees a reduction in the Federal Reserve’s interest rate. From data from the labor department, non -agricultural wage lists last month increased by only 22,000 jobs, far from the […]
Mumbai: The Indian rupid, which broke the crucial 87 on Wednesday to sink to a dollar to sink to its lowest tax, is probably on the way to a historical trog after Washington had imposed 25% import rates on New Delhi. Bank Treasury dealers believe that at the end of the trading hours in Mumbai […]