The Indian rupee stayed agency for the second straight session and settled 8 paise larger at 83.79 (provisional) in opposition to the US greenback on Tuesday, buoyed by optimistic home fairness markets, weak American forex and decrease crude oil costs. Foreign exchange merchants mentioned, overseas fund outflow, nonetheless, resisted a pointy rise within the native … Read more
Authorities Safety (G-Sec) costs ended a shade greater on Tuesday as Bloomberg Index Providers’ proposal to incorporate Indian bonds, that are beneath the ‘Totally Accessible Route’ (FAR), to be a part of its Rising Market (EM) native foreign money index from September 2024 may entice overseas investments. The aforementioned proposal comes about three months … Read more
The Indian rupee continues to stay caught inside a sideways vary. However throughout the vary, the home foreign money had moved up nicely up to now week. The rupee made a low of 83.35 on January 1 and has risen nicely from there. It reached a excessive of 83.03 on Tuesday earlier than closing … Read more
The rupee on Friday logged its greatest single-day achieve in over eight months, propelled by strong greenback inflows and a seamless rally within the home fairness markets. The rupee closed at 83 per greenback , 33 paise stronger in contrast with the earlier shut of 83.33. the rupee appreciated under the 83 stage to an intraday … Read more