Rupee bounces 12 paise to end at 2-week high as crude oil ebbs

Jul 17 2018

The rupee today bounced back to settle at a fresh two-week high of 68.45 against the US currency, gaining 12 paise as crude oil prices beat a hasty retreat, easing inflation and trade deficit worries.

Rupee snaps 3-day rise as rising inflation fans rate hike fears

Jul 16 2018

The rupee retreated from a near two-week high and ended lower by 4 paise at 68.57 against the US currency, snapping a three-session recovery trend due to renewed dollar demand.

ECB seeks new head for bank supervisory arm

Jul 16 2018

European Central Bank published a job vacancy on Monday, seeking a new head for its bank supervisory arm from January after the term of current Chair Daniele Nouy expires.

Rupee slips from 3-week high on strong dollar; closes up 4 paise

Jul 13 2018

The rupee today surged to a three-week high of 68.31 before closing marginally up by 4 paise at 68.53 against the US currency mirroring late losses in stock markets and capital outflows.

EU court grants French banks capital reprieve against ECB decision

Jul 13 2018

European Union’s top court granted six French banks an exemption from holding capital against deposits parked with a state-owned fund, overturning a decision by the European Central Bank.

Rupee climbs to 1-week high as crude dives, ends at 68.57

Jul 12 2018

The rupee today surged by 20 paise to end at a one-week high of 68.57 against the US dollar buoyed by a steep fall in crude prices and a strong rally in equity markets.

ECB sees rates at record low levels for as long as needed: Minutes

Jul 12 2018

Euro zone interest rates will remain at their current level for as long as needed to raise inflation and the European Central Bank’s guidance should be seen as “open-ended”, ECB policymakers concluded in June according to minutes of their meeting published on Thursday.

Euro zone industry output increases in May

Jul 12 2018

Production at factories in the 19 countries sharing the euro currency increased by more than expected in May, data from European statistics office Eurostat showed on Thursday.

French June inflation figures revised down, still near six-year high

Jul 12 2018

France lowered its final June inflation figures from earlier estimates, although inflation in the euro zone’s second-biggest economy remained near six-year highs.

ECB unveils compromise solution for banks' soured loan problem

Jul 11 2018

European Central Bank supervisors will give euro zone banks extra time to set cash aside against their bad loans if their pile of soured debt is particularly high, the ECB said.

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