Latest Updates Around The World
Global stock markets rallied after a 25 basis point rate cut by the US Federal Reserve, although analysts warn that future moves by the Fed remain uncertain. Treasury yields fell, the dollar weakened, stocks rose and gold gained.Mixed signals from the Fed Mitul Kotecha of Barclays, in an interview with ET Now, noted the Fed’s […]
Gold and silver prices opened strongly on the domestic futures market on Monday. February gold futures traded at Rs 1,30,383 per 10 gram, up Rs 879 or 0.68%, while silver March futures rose to a fresh peak of Rs 1,78,620 per kg, gaining Rs 3,639 in early trade.The rally was driven by a weaker dollar, […]
The Indian rupee fell on Wednesday, pressured by demand for the dollar from local companies, alongside modest declines among regional peers, as expectations of central bank intervention headed for record low losses.The rupee closed at 88.63 against the US dollar, slightly down from 88.5675 in the previous session. Continued demand for dollars from local importers, […]
