World's 4th largest economy Germany slips into recession: Report
The euro experienced a decline on Thursday as Germany, the largest economy in Europe, slipped into recession, Reuters reported.
India's forex reserves swell by $3.55 billion to $599.53 billion
Mumbai: India’s foreign currency reserves grew for the fourth consecutive week, reaching $599.53 billion as of May 12, according to the Reserve Bank of India’s statistical supplement released on Friday.
India's forex reserves register biggest weekly high in over a year, shows RBI data
Mumbai: India's foreign exchange reserves shot up to the highest level during the week ended November 11 in the biggest weekly jump recorded in over a year.
Yen plunges to lowest mark against dollar in over 2 decades
Japanese currency yen Thursday nosedived to the lowest level against the US dollar since 1990 after America's central bank, Federal Reserve, indicated aggressive measures to tighten its noose on inflationary pressures, said media reports.
Rupee holding up well compared to advanced, EME peers: RBI Guv
Mumbai: Amid consistent depreciation of the rupee against the US dollar, Reserve Bank of India (RBI) Governor Shaktikanta Das Friday said that the Indian rupee has been holding up well compared to both advanced and EME (emerging market economies) peers.
Rupee hits all-time low of 80 against US dollars
Mumbai/UNI: The rupee hit an all-time low of 80 against the US dollars in further worry for the country's economy, media reports said.
US blocks Russia's access to dollars, increasing risk of default: Report
The United States has started blocking Russia from making debt payments using dollars held in U.S. banks, media reports said.
Indian Rupee down 25 paise against USD
Mumbai/UNI: The Rupee on Tuesday lost another 25 paise to close negative at 73.59 against the US Dollar on brisk demand for US Dollar by bankers and importers, dealers at the Forex Market said.
Indian Rupee rises by 5 paise against USD
Mumbai/UNI: The Rupee on Monday rose by five paise to 71.35 in opening session on selling of US Dollars by bankers and exporters, dealers at the Forex Market said.
Indian Rupee recovers by 15 paise against USD
Mumbai/UNI: The Rupee on Tuesday smartly recovered by 15 paise to 71.70 on fresh selling of US Dollars by bankers and exporters, dealers at the Forex Market said.
Indian Rupee advances by 19 paise against USD
Mumbai/UNI: The Rupee on Friday rose further by 19 paise to 71.78 on brisk selling of US Dollars by bankers and importers, dealers at the Forex Market said.
Indian Rupee dropped 63 paise against USD; 9-week-low
Mumbai/UNI: The Rupee on Wednesday heavily down by 63 paise to 72.09, nine-week-low on brisk demand for US Dollars by bankers and importers, dealers at the Forex Market said.
Indian Rupee ends at 70.69, 5-week-high
Mumbai, Nov 5 (UNI) The Rupee on Tuesday advanced by eight paise to 70.69, five week high on brisk selling of US Dollars by bankers and exporters, dealers at the Forex Market said.
Indian Rupee recovers 10 paise against USD
Mumbai, Nov 1 (UNI) The Rupee on Friday recovered by ten paise to 70.82 on fresh selling of US Dollars by bankers and exporters, dealers at the Forex Market said.
Indian rupee down 31 paise to 71.54 against USD
Mumbai, Oct 15 (UNI) The Rupee on Tuesday slid by 31 paise to 71.54 against the US Dollar on brisk demand for US Dollar by bankers and importers, dealers at the Forex Market.