The sharp market erosion is seen at a time, when global funds are increasingly going 'underweight' on India and increasing allocations to markets such as Japan and China, which are deemed attractive.
Despite rupee appreciation on a weakening dollar, further gains were cut short by the sharp decline in India equity markets ...
Gold prices rose in Pakistan on Monday, according to data compiled by FXStreet. The price for Gold stood at 26,304.74 ...
At the interbank foreign exchange, the domestic unit opened at 86.58, up 10 paise against the US dollar, but gave up initial ...
On Friday (February 21), the rupee pared initial gains and settled 4 paise lower at 86.68 against the US dollar.
IST, the barometer index, the S&P BSE Sensex, declined 540.49 points or 0.72% to 74,759.17. The Nifty 50 index shed 172.95 points or 0.76% to 22,622.95.
The Indian rupee on Monday rose by 10 paise to trade at 86.58 against the US dollar in the opening trade.
RBI said it will conduct a longer duration dollar/rupee buy/sell swap to infuse durable liquidity into the banking system ...
This comes after rupee pared initial gains and settled 4 paise lower at 86.68 against the US dollar on Friday, weighed down ...
India's central bank plans to inject $10 billion via a foreign exchange swap to alleviate a cash crunch in the banking system ...
Sri Lanka’s rupee was quoted flat at 295.65/90 to the US dollar in the spot market Monday, dealers said, while bond yields ...
Indian markets face bearish trend due to heavy FII selling, with Nifty indicating a 300-point gap down opening.
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