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Market movements throughout the week were largely driven by macroeconomic developments and changing global signals. On the domestic side, the rupee slid to a new low of 90.56 against the US dollar, weighing heavily on risk sentiment. However, some respite came after the US Federal Reserve announced a 25 basis point rate cut, while optimism […]
The rupee’s fall above 90 per dollar can be used to raise an uncomfortable question: could the Indian currency fall to 100? The decline so far has been steady, not sudden, and is rooted in a mix of weaker exports, heavy foreign outflows and a global environment that continues to favor the US dollar. The […]
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 a remarkable turn of events, the silver prices in India have risen to register highlights, with £ 1.38 Lakh per kilogram crossing in the Futuresmarkt last week. This rally follows a long -term period of silver behind gold, which has consistently broken new highlights in recent years. Now silver steps into the spotlight, powered […]
