Rupee rises to six-week high after Fed rate cut, importer dollar bids pick up
The Indian rupee rose to its strongest level in over six weeks on Thursday after the Federal Reserve kicked off policy easing with a 50-basis-point rate cut, but traders expect importer dollar bids to limit the currency's immediate gains.
The Indian rupee faced resistance on Tuesday following a rise driven by the U.S. dollar's struggles a day ahead of the ...
At the interbank foreign exchange market, the Indian currency opened at 83.70 and inched up to 83.69 before trading at 83.70 ...
The dollar remained stable, while the British pound and euro saw slight increases in today's currency market trade ...
Indian rupee appreciated 22 paise in the afternoon trade on September 19 after the US Federal Reserve delivered a super-sized interest rate cut. At 12:33 pm, Indian rupee was trading at 83.58 ...
The Pakistani rupee (PKR) rose 6th day in a row against the US Dollar (USD) today after opening trade at 278 in the interbank market. It was stable all ...
The Economic Affairs Division (EAD) is facing challenges in maximizing the utilization of funds allocated for foreign-funded ...
As India gains economic power and broadens its foreign investment collaboration, there are pros and cons to making the rupee ...
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The Pakistani rupee remained largely stable against the US dollar, appreciating 0.03% in the inter-bank market on Wednesday. At close, the currency settled at 278.04, a gain of Re0.09 against the US ...
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