ICICI Direct, The pound rebounded by about 1.80% yesterday after the Bank of England (BoE) said it would step in to calm the turbulence in the UK government bond market.…
In the intraday trade, the rupee slipped below the 82-level for the first time against the American currency, as a negative trend in domestic equities and significant foreign fund outflows…
ICICI Direct, The Euro depreciated on Tuesday after the European Central Bank vicepresident Luis de Guindos said one has to take into consideration the fact that there is going to…
Selling pressure by foreign investors in equity markets also dampened the sentiment in traders. FIIs sold over Rs 10,000 crore in local equities in the last one week Source link
At the interbank forex market, the local unit opened at 81.45 against the greenback. It witnessed an intraday high of 81.30 and a low of 81.64 during the session. Source…
Is A Depreciating Currency Good For A Country? | MC Explains With Latha Venkatesh Source link
ICICI Direct, The Euro depreciated on Monday to a 20-year low amid weak economic data from the eurozone. Source link
Sitharaman said that the action taken by the US Federal Reserve has an "impact on all currencies", adding that "we have to only be sure that fluctuation is not going…
Sitharaman said that the action taken by the US Federal Reserve has an "impact on all currencies", adding that "we have to only be sure that fluctuation is not going…
Moreover, escalation of geopolitical risks due to conflict in Ukraine, a negative trend in domestic equities and significant foreign fund outflows sapped investor appetite, forex traders said. Source link