It was a slow start to trading in rupee futures on two American exchanges, CME Group and InterContinentalExchange (ICE), amid fears back home that volumes would gradually rise over the next two or three years, impacting the onshore rupee futures market.
- Jan06By Rajesh Abraham & Manju AB
In a move that could see a gradual shift of the onshore currency market to offshore, two leading global exchanges — Intercontinental Exchange (ICE) and CME Group — will launch
The Indian rupee is expected to hover at around Rs 53-55 as against the US dollar in the near future mainly due to the high current account deficit, policy inaction and high fiscal deficit, a survey has said.
The rupee lost ground on Monday ending the day at Rs 55. 94 against the dollar about 52 paise lower than Friday’s close of Rs 55
- Dec21By PTI
The Indian rupee strengthened by 19 paise to Rs 52. 68 per US dollar in early trade on the Interbank Foreign Exchange today after the Reserve Bank of India said
- Dec20By Reuters
India's piecemeal steps to defend the rupee can do little more than slow its decline for now, and some of the measures risk hurting the currency in the long term.
The rupee is being pressured by the country's large deficit and other macroeconomic fundamentals said K. C
- Dec16By Reuters
The rupee jumped more than 2 per cent on Friday and was on track to post its biggest single-day rise in more than two years after the central bank took
The Indian rupee surged by 143 paise to Rs 52. 21 per US dollar in early trade today on fresh selling of dollars after the Reserve Bank of India imposed
- Dec15By PTI
The Indian rupee breached the Rs 54 per dollar-mark in early trade today tumbling by 61 paise to Rs 54. 32 per dollar on sustained demand for the American
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