Yen Weakens to New 24-Year Low
On Wednesday, the dollar scaled new 24-year highs versus the yen. On the other hand, investors in sterling were left scratching their heads about the...
Tag : dollar
India’s Forex Reserves Fall For Nine Weeks In a Row
India’s forex reserves dropped by $4.9 billion, and reserves declined for the country for a ninth consecutive week. They were $537.52 billion at the end...
Asian Stocks Have Had Their Worst Month Since Pandemic Started
On Friday, Asian stocks posted their worst month since the COVID-19 pandemic, while panic prevailed in currency and bond markets amid central bank rhetoric, fears...
Rupee Hits Record Low as Dollar Climbs to 20-Year High
The dollar climbed to a fresh two-year high, and the rupee fell to a record low early Thursday after the Federal Reserve raised interest rates...
Crude Oil Falls 3% on Demand Concerns, Strong Dollar
On Thursday, brent crude oil slipped 3% as expectations of weaker demand and a strong US dollar ahead of a potentially large interest rate gain...
Euro Jumps on Hawkish ECB Signals, Softer Dollar
On Monday, the euro rose to a more than three-week peak versus the dollar. The European common currency jumped 1.45 per cent to USD 1.0198,...
Gold Prices Today Fall To Rs 7,000 From Record Highs
Gold and silver prices in India markets edged lower, tracking a downtick in global rates. On MCX, gold futures slipped 0.15 per cent to Rs...
Bharti Airtel to Raise $1 Billion via Perpetual Bonds
India’s second-largest telecom company Bharti Airtel is lining up a $1-billion fundraise via perpetual bonds. A perpetual bond is fixed income security with no maturity date.According to...
Forex Reserves up by $2.56 Bn to Record $581.131 Bn
At a time when the economy is under stress due to the coronavirus pandemic, India’s foreign exchange (forex) reserves have been rising at a very...
Gold Prices Rise Today, Silver Rates Still Weak
Gold prices in India today rose marginally after suffering a massive fall in the previous session. This same trend was also seen in global markets....