Islamabad: The United Arab Emirates has extended USD 200 million aid to cash-strapped Pakistan for the development of the small and medium-sized enterprises in the country. The announcement came after Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed Al Nahyan concluded his one-day visit to the country on Thursday. Abdul Hafeez Shaikh, Finance Adviser to […]
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: The Indian rupee opened 24 paise down at 71.36 against the American currency on Thursday after the US Federal Reserve cut its benchmark interest rate. At the interbank foreign exchange the domestic currency witnessed heavy volatility in early trade. The rupee opened at 71.36 per US dollar then touched a high of 71.15 and […]
Mumbai: The rupee opened on a cautious note and fell 28 paise to 71.88 against the US dollar in early trade on Tuesday amid rising demand for the US dollar vis-a-vis other currencies overseas. Forex traders said the drone attacks on Saudi Arabia’s oil facilities have enthused demand for safe heaven assets like the US […]
Mumbai: The rupee depreciated marginally by 9 paise to 71.57 against the US dollar in early trade on Wednesday amid unabated foreign fund outflows and cautious opening in domestic equities. Forex traders said concerns about US-China trade spat kept market participants edgy. Rupee and most Asian currencies like South Korean won, Thai Baht, Malaysian ringgit, […]
Mumbai: The rupee rebounded from six-month low level and appreciated by 23 paise to 71.48 against the US dollar in early trade on Wednesday tracking gains in Asian currencies and fresh foreign fund inflows. On Tuesday, the rupee had closed at a new six-month low of 71.71 against the US dollar as economic uncertainties continued […]
Mumbai: The rupee opened on a weak note and fell 20 paise to 71.47 against the US dollar in early trade on Friday amid rising crude oil prices and cautious opening in domestic equities. At the Interbank Foreign Exchange, the rupee opened weak at 71.33 then fell to 71.47 against the US dollar, showing a […]
Mumbai: The rupee appreciated by 22 paise to 70.47 against the US dollar in early trade on Friday, tracking gains in domestic equities amid reports of a meeting between foreign investors and finance ministry officials regarding higher tax surcharge during the day. At the interbank foreign exchange, the rupee opened at 70.54, then gained momentum […]
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 tumbled 9 paise to trade at 68.94 against the US dollar in early trade on Wednesday amid unabated foreign fund outflows and rising crude oil prices. The rupee opened weak at 68.89 at the interbank forex market and slipped further to 68.94, showing a decline of 9 paise against its previous close. […]
Mumbai: The rupee opened on a weak note and declined by 4 paise to 68.79 against the US dollar in opening trade on Tuesday, amid sustained foreign fund outflows and rising crude oil prices. Forex traders said the rupee is trading in a narrow range as market participants are awaiting cues from the Federal Open […]
Mumbai: The rupee opened on a weak note and fell 6 paise to 68.95 against the US dollar in early trade on Monday amid foreign fund outflows and cautious opening in domestic equities. At the Interbank Foreign Exchange, the rupee opened weak at 68.92 then fell to 68.95 against the US dollar, showing a decline […]
Dubai: Two Indian nationals, including a woman, have won a staggering USD one million each in the Dubai Duty Free raffle on Tuesday, while another compatriot has won a luxury car in the lottery game, according to a media report. Jaya Gupta and Ravi Ramchand Bachani are the two lucky Indians who won the Dubai […]
Mumbai: The rupee opened on a weak note and declined by 11 paise to 69.61 against the US dollar in opening trade Friday, as rising crude oil price concerns weighed on investor community. The rupee opened weak at 69.55 at the interbank forex market and then fell further to 69.61, down 11 paise over its […]
Mumbai: The rupee appreciated by 8 paise to 69.38 against the US dollar in opening trade Monday, driven higher opening in domestic equities. Forex dealers said, the local currency also gained strength amid weakening of the greenback in overseas markets. However, rising crude oil prices and sustained foreign fund inflows weighed on the domestic currency […]
Mumbai: The rupee appreciated by 32 paise to 69.70 against the US dollar in opening trade Tuesday, amid easing crude prices and weakening of the greenback vis-a-vis some currencies overseas. The rupee opened strong at 69.83 at the interbank forex market, then gained further ground to touch 69.70 per dollar, displaying gains of 32 paise […]
Mumbai: Rising for the fifth straight session, the rupee Friday jumped 24 paise to close at 69.10 against the US dollar on sustained foreign fund inflows and heavy buying in domestic equities. Forex traders said the dollar’s weakness against its key rivals overseas and easing crude prices strengthened the market sentiment domestically. At the Interbank […]
Tampa (US): A McDonald’s manager will get a USD 110,000 reward for tipping off police about a man accused of killing four people and terrorizing a Florida neighborhood for 51 days. Tampa police chief Brian Dugan said at a news conference today that Delonda Walker will receive “every penny” of the reward money. Her tip […]