Mumbai: The Indian rupee appreciated by 14 paisa to 74.59 against the US dollar in opening trade on Tuesday, supported by positive domestic equities. At the interbank forex market, the…
San Francisco: Google and Facebook have decided to allow most of their workforces to stay home and work through the end of this year. Facebook will open most of its office from July 6, according to a CNBC report. The social networking giant is in the process of determining which employees will be asked to […]
Mumbai: The Indian rupee appreciated by 33 paise to 72.43 against the US dollar in early trade on Tuesday tracking positive opening in domestic equities. At the interbank foreign exchange the rupee opened at 72.50, then gained further ground and touched a high of 72.43 against the US dollar, registering a rise of 33 paise […]
Mumbai: The Indian rupee opened on a flat note and fell 5 paise to 71.17 against the US dollar in early trade on Monday tracking muted opening in domestic equities. At the interbank foreign exchange, the rupee opened at 71.15 then fell to 71.17 against the US dollar, showing a decline of 5 paise over […]
Mumbai: The rupee appreciated by 27 paise to 71.07 against the US dollar in early trade on Friday as gains in domestic equity market enthused investors. At the interbank foreign exchange the rupee opened at 71.19, then gained further ground and touched a high of 71.07, registering a rise of 27 paise over its previous […]
Mumbai: Logging its first fall in eight sessions, the Indian rupee on Monday plunged by 68 paise to 71.60 against the US dollar amid concerns over soaring crude prices following drone attacks on Saudi Arabia’s oil facilities. Surging crude oil prices have emerged as major fears for India — the world’s third largest oil importer […]
Mumbai: The Indian rupee appreciated by 26 paise to 70.88 against the US dollar in early trade on Friday as easing trade tensions between US and China strengthened investor sentiments. Forex traders said fall in global crude oil prices and fresh foreign fund inflows also enthused investors. US Treasury Secretary Steven Mnuchin on Thursday said […]
Mumbai: The rupee deprecated by 38 paise and fell to 71 per dollar mark in early trade on Tuesday amid strengthening of the American currency and weak opening in domestic equities. Forex traders said the strength of the US dollar against other overseas currencies and concerns about US-China trade negotiations also kept investors edgy. At […]
Mumbai: The rebounded by 18 paise to 70.71 against the US dollar in early trade on Thursday, a day after the Reserve Bank of India cut the key interest rate by 35 basis points. At the interbank foreign exchange, the rupee witnessed high volatility against the US dollar. The local unit opened strong at 70.80 […]
Mumbai: The rupee on Friday declined by 26 paise to 69.32 against the US currency in early trade, due to strong dollar demand from banks and importers amid unabated foreign fund outflows. Forex traders said market sentiment took a hit after the US announced additional 10 per cent tariff on USD 300 billion in Chinese […]
Mumbai: The rupee tumbled 41 paise to 69.20 against the US dollar in early trade on Thursday amid unabated foreign fund outflows and rising crude oil prices. Forex traders strengthening of the greenback vis-a-vis other currencies overseas and cautious opening in domestic equities weighed on the local unit. Forex traders said though the US Federal […]
Mumbai: The rupee opened on a weak note and declined by 13 paise to 69.05 against the US dollar in opening trade on Tuesday, amid sustained foreign fund outflows and rising crude oil prices. Forex traders said, strengthening of the US dollar vis-a-vis against other currencies overseas kept pressure on the Indian rupee. The rupee […]
New York: The US dollar rose against most major currencies as the economic data came out better than expected. In late New York trading on Friday, the euro fell to $1.1221 from $1.1285 in the previous session, and the British pound fell to $1.2526 from $1.2575 in the previous session, Xinhua news agency reported. The […]
Mumbai: The key Indian equity indices opened on a positive note ahead of the presentation of the Economic Survey in Parliament. The Economic Survey will show the situation of the country’s economy and its several segments and talk about the issues it may face in future. At 9.35 a.m., the BSE Sensex traded at 39,917.74, […]
Mumbai: The rupee appreciated by 13 paise to 69.22 against the US dollar in opening trade Tuesday, driven by easing crude oil prices and weakening of the US dollar in the overseas market. The rupee opened strong at 69.32 at the interbank forex market then gained further ground to touch 69.22 per dollar, displaying gains […]
Mumbai: The rupee Friday fell 28 paise to trade at 69.72 against the US dollar in early trade following foreign fund outflows and rising crude prices after Iran said it had shot down a US military drone. Subdued sentiments in domestic equity markets also influenced the trading pattern in the currency market, forex traders said. […]
Mumbai: The rupee appreciated by 21 paise to 69.49 against the US dollar in opening trade Wednesday ahead of the US central bank’s meeting. The rupee opened strong at 69.57 at the interbank forex market then gained further ground to touch 69.49 per dollar, displaying gains of 21 paise against the greenback. Forex dealers said […]
Mumbai: The Indian rupee Friday fell by another 30 paise to close at 69.80 against the US currency as strengthening greenback and rising crude oil prices kept investors cautious. Besides, weak Asian currencies and an intense sell-off in domestic equities also put pressure on the domestic currency. On weekly basis, the rupee saw a fall […]
Mumbai: The rupee appreciated by 8 paise to 69.38 against the US dollar in opening trade Wednesday, driven by easing crude oil prices and foreign fund inflows. Forex traders said the weakening of the greenback vis-a-vis some major currencies overseas aided the local unit. However, a weak opening in domestic equities weighed on the domestic […]
Mumbai: The Indian rupee Tuesday recuperated by 21 paise to 69.44 to the US dollar in line with strong Asian currencies and rally in domestic equities. The Indian unit opened strong at 69.49 and rose to the day’s high of 69.34 at the interbank forex market. During the day, the local unit touched an intra-day […]
Mumbai: Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher but immediately on commencement of trading, both the indices were quoting in red, ahead of the Reserve Bank of India’s bi-monthly monetary policy announcement. The Sensitive Index (Sensex) of the BSE, which had closed at 40,083.54 on Tuesday, […]
Mumbai: The Indian rupee Monday appreciated by another 44 paise to close at 69.26 to the US dollar in line with an intense rally in domestic equities amid hopes of a rate cut by the Reserve Bank. The domestic currency opened strong at 69.48 and later rose to the day’s high of 69.10 at the […]
Mumbai: Optimism over Prime Minister Narendra Modi’s new cabinet drove the markets near its peak on Friday led by IT, banking and financial companies. At 9.54 a.m., the S&P BSE Sensex was trading 273.74 points or 0.69 per cent higher at 40,105.71. The Nifty was 87.40 points or 0.73 per cent up at 12,033.30. On […]
New York: The US dollar declined on Friday as investors monitored global trade prospects and digested the manufacturing data. The seasonally adjusted IHS Markit Flash US Manufacturing Purchasing Managers’ Index (PMI) registered 50.6 in May, down from 52.6 in April, marking the lowest level since September 2009, data from the research firm showed on Thursday. […]
London: Facebook, which owns WhatsApp and Instagram, is gearing up to launch its own cryptocurrency next year, the BBC reported on Friday. Called “GlobalCoin,” the cryptocurrency would work with a new digital payments system in about a dozen countries starting in the first quarter of 2020. Facebook has been in contact with US and British […]
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