Forex-Markets-Economic Times
Dollar drifts down as trade-deal progress stokes cautious risk appetite
Dollar drifts down as trade-deal progress stokes cautious risk appetite.
Forex reserves down $446 million to $428.6 billion
The reserves declined by a steep $1.45 billion to $429.050 billion last week.
Rupee logs 3rd straight day gains, up 12 paise at 71.72
Indian currency has appreciated by 67 paise in the last three trading sessions.
Rupee pares gains, settles flat at 69.36 a US dollar
Rupee opened at 69.32 a dollar and touched a low of 69.40 and high of 69.22 during the day.
Rupee does U-turn, rises 23 paise to 69.35 against US dollar
After opening on a weak note, rupee recovered and finally settled 23 paise higher at 69.35.
An anomaly in Rupee forwards has traders search for RBI hand
Implied yields surged to 2-year high even after RBI cut rates.
Rupee opened flat at 69.58 vs USD in early trade
Rupee opened at 69.58 at the interbank forex market, unchanged from its previous closing level.
RBI says forex retail trading platform ready for rollout on Aug 5
RBI said banks may charge their retail customers a pre-agreed flat fee towards administrative expenses.
Most bullish forecaster sees Indian rupee at 67 on Modi return
Rupee may strengthen to 67 per dollar by end-June, a level last seen in the same month last year, said Qi Gao.
Why Yuan at 7/dollar risks inflaming trade war
That’s probably one of the reasons why China is now pushing back.
Rupee, bonds rally on election exit polls; stocks in focus for flows
Traders said market gains would be kept in check ahead of the vote counting on Thursday.
China's central bank won't let yuan weaken past 7 to the dollar
The yuan fell to its weakest level since December on Friday.
Pakistan's rupee keeps sliding after IMF loan accord reached
The fall reflects the IMF's condition for a "market-based exchange rate mechanism.
Rupee slips 29 paise to 70.32 vs USD in early trade
The rupee opened weak at 70.22 at the interbank forex market and then fell further to 70.32.
Citigroup, JPMorgan among banks fined $1.2 billion in forex probe
Five banks agreed to pay EU fines of about $1.2 billion for colluding on forex trading strategies.
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