-
March 13, 2023 02:46 PM IST The currency in circulation, which includes bank notes and coins, to GDP ratio stood at 13.7 per cent as on March 25, 2022, up from 11.6 per cent as on March 2014.
-
February 24, 2023 06:09 PM IST This is the third consecutive week of a drop in the reserves after the USD 8.319 billion decrease in the previous reporting week to USD 566.948 billion. In October 2021, the country’s forex kitty had reached an all-time high of USD 645 billion.
- February 17, 2023 04:13 PM IST
At the interbank foreign exchange market, the rupee opened at 82.77 against the greenback and finally settled for the day at 82.84 (provisional), registering a fall of 14 paise over its previous close of 82.70.
- February 17, 2023 03:00 PM IST
Data on Thursday showed the number of Americans filing new claims for unemployment benefits unexpectedly fell last week, and that monthly producer prices increased by the most in seven months in January.
- February 15, 2023 07:55 PM IST
The dollar rose 0.6 percent against the yen to 133.91 yen.
- February 15, 2023 12:34 PM IST
Economists say further economies likely to follow Egypt, Pakistan and Lebanon in letting exchange rates weaken
- February 13, 2023 01:22 PM IST
After Thailand became ground zero in the Asian financial crisis, the baht achieved a long-running stability
- February 03, 2023 12:23 PM IST
Investors usually see bumper buybacks as supporting stock prices. But they may not be the bullish signal they appear
- January 16, 2023 05:18 PM IST
In today’s markets, there aren’t many other things you can turn to as a long-term safe haven
- January 05, 2023 03:49 PM IST
The rupee last traded at 82.5550 to the dollar, up from 82.8025 in the previous session.
- January 04, 2023 10:31 PM IST
The pound fell from around 24.7 for $1 to just over 26.3 against the dollar, less than two weeks after Egypt and the IMF formally ratified the support package
- January 02, 2023 01:24 PM IST
The Supreme Court on Monday upheld the decision of the government on demonetisation.
- January 02, 2023 01:11 PM IST
Justice Nagarathna, who was the juniormost judge in the Constitution bench also comprising justices S A Nazeer, B R Gavai, A S Bopanna and V Ramasubramanian, said the demonetisation of an entire series of notes at the Centre's instance is a far more serious issue that has wider implications on the economy and the citizens of the country.
- December 28, 2022 03:58 PM IST
The rupee ended largely unchanged at 82.8575 per dollar. It fell up to 82.9225 during the session, though moved in a narrow 10-paisa range.
- December 28, 2022 03:40 PM IST
The dollar rallied by as much as 0.67% to 134.40 in Asian trading, the most since December 20, when the BOJ sent the pair spiralling lower with an unexpected loosening of the 10-year Japanese government bond yield policy band.
- December 21, 2022 10:02 AM IST
If the winds favour Japan by way of lower energy prices, the yen could rally further against the dollar and other carry currencies
- December 19, 2022 07:31 AM IST
The yen was last 0.6 per cent stronger at 135.91 per dollar, after having touched a high of 135.80 earlier in the session.
- December 05, 2022 08:42 PM IST
Forex traders said a weak dollar in the overseas market cushioned the downside for the local unit.
- November 21, 2022 08:36 PM IST
The domestic unit finally settled at 81.79 against the American currency, registering a fall of 7 paise over its last close.
- November 17, 2022 08:08 PM IST
The greenback has tumbled in recent weeks as inflation data and comments from Federal Reserve officials have suggested that the central bank can soon slow the pace of its punishing interest rate hikes.
- November 17, 2022 04:08 PM IST
Forex traders said the American currency strengthened after strong US retail sales data pointed to resilient consumption adding room for tighter policy by the US Federal Reserve.
- November 11, 2022 12:53 PM IST
Catch today's commodity chat with Manisha Gupta to know how the surge could impact you!
- October 28, 2022 05:53 PM IST
Blessings of the Almighty are necessary for hard work to translate into success, the Aam Aadmi Party leader said. Kejriwal reiterated his demand to print pictures of the two Hindu deities on currency notes at a rally at Morva Hadaf in Panchmahal district of Gujarat where Assembly elections are expected to be announced soon.
- October 27, 2022 05:08 PM IST
Other parties term move opportunistic, with an eye on garnering the Hindu vote in the forthcoming Gujarat election
- October 26, 2022 02:26 PM IST
If Kejriwal really meant what he said then he should expel former Delhi minister Rajendra Pal Gautam and AAP’s Gujarat unit president Gopal Italia from the party for ”speaking against Hindu deities”, Tiwari demanded.
