Latest Updates Around The World
The Indian rupee fell on Friday, scorched by likely dollar outflows and traders cutting long bets, but posted its best gain in more than three years after New Delhi and Washington announced a long-awaited trade deal.The rupee closed at 90.6550 per dollar, down 0.3% on the day but up 1.4% on a weekly basis, the […]
The Indian rupee, which had fallen dangerously close to $91.1 after five consecutive sessions of losses, made a sharp turnaround on Wednesday after decisive intervention by the Reserve Bank of India. This halted a one-way decline and gave the currency its strongest daily gain in two months.The rupee closed at 90.38 per US dollar, up […]
The Indian rupee fell on Friday but managed to stay above all-time lows thanks to periodic dollar sales by state-owned banks, which also helped the currency end the month quietly. The rupee had risen to a peak of 87.6250 earlier this month following a central bank crackdown, but has since lost those gains and is […]
