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Currency News

A war kindles the desire for an international Rupee, but the road isn#39;t rosy

Fear of US sanctions has made some private sector banks wary. Even with Russia, there seems to be a reluctance to settle trade in Rupees of late. Source link

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February 25, 2023
Currency News

Noted economists Nouriel Roubini doesn#39;t see weaker rupee as a challenge for India

NULL Source link

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February 20, 2023
Currency News

The untold story of the world’s most resilient currency

After Thailand became ground zero in the Asian financial crisis, the baht achieved a long-running stability Source link

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February 13, 2023
Currency News

RBI issues updated list of unauthorised forex trading entities, 14 more entities added

The central bank added 14 entities to the list including FX Western, Pepperstone, and QuotexFX, release said. Source link

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February 10, 2023
Currency News

Rupee rises 19 paise to end at 82.51 against US dollar

A rally in the domestic equity markets and weakness in the greenback against major crosses overseas also supported the rupee, forex traders said. Source link

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February 8, 2023
Currency News

Rupee gains 6 paise to end at 82.70 against US dollar

Muted domestic equities, unabated foreign capital outflows and rising crude prices restricted the rupee#39;s rise, forex dealers said. Source link

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February 7, 2023
Currency News

Sell USDINR; target of : 81.75 : ICICI Direct

ICICI Direct, The US dollar index edged higher on Friday amid better-than expected jobs data from the US, potentially giving the Federal Reserve more leeway to keep hiking interest rates.…

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February 6, 2023
Currency News

Sell GBPINR; target of : 100.90 : ICICI Direct

ICICI Direct, The pound depreciated by 1.20% yesterday after the Bank of England raised its interest rate by 50 basis points to 4.00% in its 10th straight hike while hinting…

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February 3, 2023
Currency News

Buy EURINR; target of : 89.20 : ICICI Direct

ICICI Direct, The Euro recovered its earlier losses and rose yesterday amid weak dollar and rise in risk appetite in global markets. Source link

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February 1, 2023
Currency News

Rupee, bond trade flat ahead of key Budget announcements

Analysts expect that the overall focus will continue on the growth agenda through higher capex allocation that will accelerate the investment cycle and employment. Source link

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February 1, 2023
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