The rupee was steadily weakening against the dollar and the RBI has tried to arrest the currency’s fall amid global markets turbulence.
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Forex reserves jump over $2 bn to $306 bn
Entries Tagged 'Global Markets' ↓
Forex reserves jump over $2 bn to $306 bn
December 9th, 2011 — Forex, Global Markets, RBI, Stock News
Yuan eases but lags dollar rally, range trade seen
January 6th, 2011 — China, Forex, Global Markets, Stock News
The yuan edged down against the dollar on Thursday after the People’s Bank of China set a weaker mid-point, reflecting a jump in the U.S.
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Yuan eases but lags dollar rally, range trade seen
Yuan flat vs dollar, imported inflation eyed
December 23rd, 2010 — China, Forex, Global Markets, Inflation, Stock News
The yuan was little changed on Thursday after the People’s Bank of China set a one-month high mid-point, helping to offset the negative impact on the currency from an overnight dollar rise in global markets.
Rupee to find resistance at 46.09/ 46.35, support seen at 44.90/45.35
November 28th, 2010 — Global Markets, Stock News
The rupee depreciated for three consecutive weeks on the back of a stronger US dollar in the global markets and a sharp decline in the domestic equities.
Yuan edges lower as banks, clients go long dollar
November 26th, 2010 — China, Global Markets, Stock News
China’s yuan weakened against the dollar on Friday as traders reported banks and their clients built long positions in dollars to bet on a continued near-term rise in the dollar in global markets.
South Africa’s rand strengthens vs dollar, stock futures down
September 21st, 2010 — Global Markets, Stock News
Rand strengthened against the dollar in early Tuesday trade as investors sought yield amidst uncertainty in global markets, while the stock market looked to a lower open.
Rupee weakens as shares drop; Bernanke awaited
August 27th, 2010 — Global Markets, Stock News
The rupee edged slightly lower on Friday weighed by late losses in local stocks which raised concerns about sustained risk aversion in global markets.