- Oct03By FC Bureau
After all the trials and tribulations that the Chinese economy has faced in 2016, it got a significant leg up over the weekend, when the yuan took on the mantle
- Sep16By PTI
The rupee which is currently hovering around 67 per dollar level is expected to shift from a depreciation path to a consolidative trend over the next 12 months, says a
By FC Banking Bureau
Economic independence of the kind socialist India simply could not fathom came on July 24, 1991 when finance minister Manmohan Singh rose to give his very first budget speech.
India is probably looking at devaluing the rupee. The government is perhaps looking at the idea as it is sitting in a comfortable position of a surplus current account.
- Aug30By PTI
The rupee staged a solid recovery against the US dollar on Tuesday by rising 16 paise to end at 67. 02 its highest level in a month on
The rupee lost 14 paise to close at fresh one-month low of 67. 19 against the dollar while the benchmark bond yield rose by 5 basis points on Monday
- Aug09By Tracy Alloway, Bloomberg
“I need a dollar dollar a dollar is what I need ” Aloe Blacc sang back in 2010.
Japanese banks might now be humming a similar refrain as efforts
- Jul07By Lananh Nguyen & Susanne Barton, Bloomberg
The pound’s plunge isn’t over yet according to three of the world’s top currency traders. After falling to a 31-year low on Wednesday sterling may sink another
The rupee seems to have got away with minor bruises on Friday in the midst of a global financial markets bloodbath triggered by Britain’s vote to quit the European Union.
Both the rupee and bonds reacted negatively to the RBI governor Raghuram Rajan’s announcement that he would not seek a second term. The rupee opened weaker at 67
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