During the day, the rupee weakened to a new record low at close to 88-to-a-dollar mark but closed substantially off that mark, at 87.48, while gold prices inched closer to the Rs 88,000-per-10 ...
The rupee experienced a minor decline against the ... Reserve is expected to keep interest rates steady. Meanwhile, gold prices in Pakistan continued their decline on Monday, in line with global ...
The Reserve Bank of India intervened in the foreign exchange market this week to curb speculation in the rupee, according to a person familiar with the central bank’s thinking, surprising ...
The dollar index, which measures the US currency against six other units, was higher at 108.3.(Image: Pixabay) The Indian rupee opened at a record low on Monday, tracking losses in Asian ...
MUMBAI, Feb 7 (Reuters) - The Indian rupee is expected to linger near a lifetime low at the open on Friday before the central bank most likely cuts interest rates to support sluggish economic growth.
Rupee also weakened by 53 paise to 87.95 against the US Dollar. Gold prices firmed and hovered near a record high hit in the previous session. Most Nifty stocks were trading lower. JSW Steel and ...
Rupee plunged 14 paise to close at an all-time low of 87.57 (provisional) against the US dollar on Thursday, as rising odds of a rate cut by the Reserve Bank of India in its monetary policy ...
RBI’s announcement of the OMO may also support the rupee at lower levels. USD-INR spot price is expected to trade from ₹86.30 to ₹86.80.” Speaking on the gold price outlook ahead of the US ...
The upcoming US economic data will play a key role in determining the next movement in gold prices. Meanwhile, the Pakistani rupee strengthened slightly against the US dollar, closing at 279.17 in ...
MUMBAI: The rupee continued its free fall till afternoon trade, plumbing 87.50 to the dollar, triggering stop losses as traders are expecting the first repo rate cut in almost five years on Friday.
The rupee has lost more than 4% since October when it was trading above 83.70 despite the Reserve Bank selling billions of dollars to defend it. MUMBAI: After hitting a record low of 87.29 in ...
The Indian Rupee plunged to record lows in trade, just shy of the 88 per Dollar mark, stock markets are in a four-day freefall, and gold prices are skyrocketing as investors seek safe haven.
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