Euro near 16-mth low vs dollar, more downside seen

Euro hovered near a 16-month low against the dollar and an 11-year low versus the Japanese yen on Friday, with further declines seen in store for the embattled single currency.

Continue reading →

Rupee seen down on risk-averse sentiment

The Indian rupee is expected to open lower around 53.10 to the dollar on Friday, weighed down by risk-averse sentiment across Asian markets.

Continue reading →

Rupee seen down on risk-averse sentiment

The Indian rupee is expected to open lower around 53.10 to the dollar on Friday, weighed down by risk-averse sentiment across Asian markets.

Continue reading →

Euro falls to 15-month low against dollar

The euro fell to a 15-month low against the dollar after an Italian bond auction produced mixed results.

Link:
Euro falls to 15-month low against dollar

Rupee ends 10 paise down vs dollar in volatile trade

The rupee fell by 10 paise to close at nearly two-week low of 53.07/08 against the US currency following good dollar demand from importers amid weak local stocks.

Continue reading →

India, Japan likely to ink currency swap accord

India and Japan Wednesday are likely to ink a multi-billion dollar bilateral currency swap agreement that could help New Delhi stem the rupee’s fall.

Continue reading →

Rupee nudges up on US data, local shares

Rupee ended stronger in thin trade on Monday as some bets on a further decline in the currency were covered amid improved risk sentiments.

Continued here:
Rupee nudges up on US data, local shares