The rupee recovered from record lows to settle with a gain of 11 paise at 88.66 (provisional) against the US dollar on Tuesday, boosted by falling crude oil prices abroad. Forex traders said a strong dollar, foreign fund outflows and subdued domestic stock markets prevented a sharp rise in the Indian currency. At the interbank […]
SINGAPORE: The US dollar recovered from a sell-off in early trade on Monday as investors hoped Washington could temper the latest escalation of the trade war with Beijing, while political developments in France and Japan undermined the euro and yen. The dollar index, which measures the greenback’s strength against a basket of six currencies, rose […]
Epack Prefab Technologies has increased RS 151 Crore from Anker investors prior to its RS 504-Crore IPO, which will open for subscription on 24 September. Anchor Investor Participation The issue witnessed a strong question from both foreign portfolio and domestic investment funds. Among the most important participants were Whiteoak Capital, 360 One Flexicap Fund, Morgan […]
The Indian rupid recovered from the low points of all time and settled higher by 7 Paise at 88.28 (for the time being) against the US dollar on Friday, about weakness in the US dollar index and positive domestic markets. Forex traders said that the domestic unit traded in a tight reach and fluctuated a […]