HK cenbank confident in currency peg even as interbank rate jumps

Apr 19 2018 | 6 hrs ago

Hong Kong’s central bank said it has confidence in 3-decade old peg to dollar, even as it continued to intervene to prop up the currency and as interbank rates jumped.

Rupee sheds 15 paise to 65.81 against the US dollar

Apr 19 2018 | 6 hrs ago

Rupee depreciated 15 paise to 65.81 against dollar in opening trade at the interbank forex market today on increased demand for the greenback from importers and banks.

Rupee slips 2 paise to end at fresh 7-month low against US dollar

Apr 18 2018

Rupee today slipped by 2 paise to settle at a fresh seven-month low of 65.66 against the dollar, extending its fall for a third day amid surging crude prices.

Rupee slips by 2 paise to 65.66 against the US dollar

Apr 18 2018

Rupee today dropped by 2 paise to close at Rs.65.66/67 against the US dollar at the interbank foreign exchange market here.

Iran switches from dollar to euro for official reporting currency

Apr 18 2018

Iranian govt institutions will start reporting foreign currency amounts in euros rather than US dollars, state media said.

Indian rupee drops 14 paise against US dollar in early trade

Apr 18 2018

The rupee weakened by another 14 paise, nearing a fresh seven-month low of 65.78, against the US dollar in early trade.

Rupee tanks to near seven-month low of 65.64 a dollar

Apr 17 2018

The rupee extended its losing run for the second straight day, falling by another 15 paise to end at a near 7-month low of 65.64 against the US dollar.

Rupee slips 6 paise to 65.55 against US dollar

Apr 17 2018

Rupee pared initial gains to drop 6 paise, hitting a fresh six-month low at 65.55 in late morning trade against dollar on sudden bouts of demand from importers.

Gold prices steady on weaker US dollar, trade tension support

Apr 17 2018

Gold prices were steady as the US dollar remained on the back foot, with the metal supported by festering worries over US-China trade tensions.

US dollar declines amid geopolitical tensions in Middle East

Apr 17 2018

The US dollar index declined as investors continued to monitor the geopolitical tensions in the Middle East.

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