global trade war

 

Rupee rebounds from multi-month lows, up 8 paise at 68.34

May 24 2018

The rupee today rebounded from near 18-month lows to close with gains of 8 paise at 68.34 against the US dollar as the greenback fell against global currencies.

Rupee turbulence sharpens, plunges 38 paise to 68.42 a dollar

May 23 2018

The rupee plummeted by 38 paise to hit a near 18-month low of 68.42 against the US dollar following relentless capital outflows amid concerns over macro conditions and surging crude oil prices.

Rupee reverses two-day fall against US dollar, up 8 paise

May 22 2018

The rupee staged a mild recovery after two sessions of decline and edged higher by 8 paise to end at 68.04 against the US dollar on fresh selling of the American currency by banks and exporters.

German economy still booming but has lost some momentum

May 22 2018

Growth in the German economy, Europe’s biggest, remains robust but the underlying momentum has likely weakened and the risk of a global trade war remains, the Bundesbank said.

Rupee drops by 12 paise to close at new 16-mth low on macro worries

May 21 2018

The rupee lost another 12 paise to close at fresh 16-month low of 68.12 against the US currency on sustained dollar demand from importers and corporates.

Rupee suffers rout as surging oil casts its dark shadows

May 19 2018

The rupee witnessed a virtual free fall plummeting sharply by a staggering 67 paise to end at a fresh 16-mth low of 68 against the US currency on heavy dollar demand amid global macro challenges.

Rupee nosedives to 68 after 2-day gains, down 30 paise

May 18 2018

The rupee once again turned shaky and plunged by 30 paise to end at a fresh 16-month low of 68 against the US currency on renewed dollar buying interest amid global macro challenges.

Rupee gains another 10 paise to 67.70 against US dollar

May 17 2018

Belying fears about surging crude prices, the rupee managed to hold its ground against the US currency for the second-straight day, gaining by 10 paise to end at 67.70 a dollar.

Stock futures flat on rising US yields, North Korea worries

May 16 2018

U.S. stock index futures were little changed on Wednesday as investors assessed the impact of a surge in bond yields, while growing doubts about the U.S.-North Korea summit also weighed.

Rupee sinks 56 paise to new 16-mth low of 68.07 a dollar

May 15 2018

The rupee went into a tailspin by plunging 56 paise today, the second biggest single-day fall of 2018, to end at a new 16-month low of 68.07 as panic dollar demand rattled currency market.

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