Close on the heels of commodities and equity indices trading at multi-month highs, currency futures that went live on MCX Stock Exchange and NSE in the second-half of 2008 registered their highest-ever turnover of Rs 29,000 crore on Wednesday.
Entries Tagged 'Commodities' ↓
Currency futures clock record Rs 29k-cr turnover
January 6th, 2010 — Commodities, Stock News
Oil hits new record of US$125 during the week
May 10th, 2008 — Commodities
Oil prices touched a record high of US$125 per barrel and was set for the biggest weekly gain in more than a year amid mounting concerns over supply disruptions ahead of the summer driving season in the US. Crude oil for June delivery climbed as high as US$125.98 a barrel in electronic trading on the New York Mercantile Exchange on Friday.
The contract was last quoted at US$125.17 at 1:32 p.m. London time. Oil is up 7.6% this week, the biggest weekly gain since March 23, 2007. Oil prices have doubled from the same period a year ago.