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A customer holds Indian hundred rupee notes at a roadside exchange office in New Delhi | Photo credit: The US Fed’s dual move of cutting interest rates and announcing that it will buy US government bonds could attract FPI investments into the Indian debt and equity markets and have a positive impact on the rupee, […]
The recovery was aided by US dollar weakness in global markets and reported intervention by the RBI The rupee opened above 90 against the dollar level for the first time on Thursday, but recovered to close below this level. The Indian unit opened at 90.3650 per US dollar (USD) and touched an intraday high/low of […]
The rupee started 10 paise weaker at 89.97 compared to the previous close and tested an intraday high/low of 89.9650/90.30 per dollar. | Photo credit: PTI The rupee breached the psychologically crucial 90 against the US dollar level on Wednesday to close at a new all-time low of 90.19, against the backdrop of continued FPI […]
“In times like this, instead of being shaken, if you continue your systematic investments, they will produce results over time. So yes, while Trump rates are central this week, the markets have reacted very adults,” says Mayuresh Joshi, main equality, Marketsmith India. How did you view all week? Yes, we were facing many challenges. It […]
