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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After Thailand became ground zero in the Asian financial crisis, the baht achieved a long-running stability Source link
The central bank added 14 entities to the list including FX Western, Pepperstone, and QuotexFX, release said. Source link
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
Muted domestic equities, unabated foreign capital outflows and rising crude prices restricted the rupee#39;s rise, forex dealers said. Source link
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.…
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…
ICICI Direct, The Euro recovered its earlier losses and rose yesterday amid weak dollar and rise in risk appetite in global markets. Source link
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