Tag: dollar

Rupee remains one of the best performers in 2024: Finance Ministry
Posted in Economy

Rupee remains one of the best performers in 2024: Finance Ministry

The government said on Tuesday the rupee remains one of the best performing currencies in 2024, with a much lower depreciation against the dollar than…

Continue Reading
Pakistan Rupee: Pakistan rupee climbs 4.8%, boosted by IMF deal | World News
Posted in Pakistan News

Pakistan Rupee: Pakistan rupee climbs 4.8%, boosted by IMF deal | World News

KARACHI: Pakistan’s rupee jumped 4.8% against the dollar in early trade on Tuesday, in the first trading session after the country secured last-minute funding from…

Continue Reading
Currency Impact: How investors can track the impact of currency on their portfolio? Tarun Birani explains
Posted in Finance

Currency Impact: How investors can track the impact of currency on their portfolio? Tarun Birani explains

“RBI moves at the time whenever you see there is a risk off environment building up in the globe. What we have seen, the dollar…

Continue Reading
rbi: More dollar sales likely, accretion to forex reserves may be slow
Posted in Economy

rbi: More dollar sales likely, accretion to forex reserves may be slow

The Reserve Bank of India’s project to shore up foreign currency reserves would be hampered by as foreign portfolio investors offload their investments in the…

Continue Reading
Indian importers hedge less, assured by RBI's rupee support, data suggests
Posted in Economy

Indian importers hedge less, assured by RBI’s rupee support, data suggests

Indian importers are taking less insurance against foreign exchange fluctuations, data indicates, on expectations that the central bank will continue to intervene to keep the…

Continue Reading
US Fed hikes rates: Oil prices rise, dollar slumps
Posted in Business

US Fed hikes rates: Oil prices rise, dollar slumps

Reuters | | Reported by Ritu Maria Johny Oil prices rose in early Asian trade on Thursday after the U.S. Federal Reserve raised interest rates…

Continue Reading