Mumbai, March 23 The Reserve Bank of India (RBI) purchased a net of USD 2.526 billion of foreign exchange from the spot currency market in January, according to the central bank's monthly bulletin released on Monday.The central bank's purchase of US dollars came in January, following seven...
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Mumbai, March 23 – The benchmark indices Sensex and Nifty plunged on Monday, in line with a very weak trend in global markets as the war in the Middle East showed no signs of slowing down.Rising crude oil prices due to the war, coupled with relentless foreign fund outflows and weakness in the...
Mumbai, March 23 The rupee breached the 94/dollar barrier for the first time, falling by 50 paise to a new record low of 94.03 (provisional) against the US dollar on Monday, as soaring global crude prices and continued foreign fund outflows unnerved investors.A strengthening US dollar and a...
Mumbai, March 23 The benchmark indices Sensex and Nifty plummeted on Monday, in line with a very weak trend in global markets, as the war in the Middle East showed no signs of slowing down.Rising crude oil prices due to the war, which has entered its fourth week, relentless foreign fund...
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Mumbai, March 23 – The benchmark indices Sensex and Nifty in the Indian stock market declined by nearly 3% on Monday, in line with a weak trend in Asian markets due to rising tensions in the Middle East, which is now in its fourth week.Rising crude oil prices, persistent outflows of foreign...
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Mumbai, March 23 The benchmark bond yield in India rose to a 14-month high on Monday, possibly due to the surge in Brent crude oil prices amid escalating conflict in the Middle East.The yield on the 10-year government bond was trading at 6.8173 per cent around 11 am on Monday, compared to...
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Mumbai, March 23 The rupee continued its downward trend on Monday, losing 41 paise to fall to a record low of 93.94 against the US dollar, as the ongoing war in West Asia kept global crude oil prices high, and the US dollar remained strong.Sustained outflows of foreign funds and a crash in the...
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Mumbai, March 20 The rupee fell by 82 paise, or nearly 1%, to settle at an all-time low of 93.71 (provisional) against the US dollar on Friday, weighed down by persistent outflows of foreign funds and a sharp rise in crude oil prices amid mounting geopolitical tensions.Forex traders said the...
Mumbai, March 20 The rupee plunged by 60 paise to a fresh intra-day low of 93.49 against the US dollar on Friday as the greenback further strengthened and net outflows from Foreign Institutional Investors (FIIs) continued, amid the ongoing conflict in West Asia.Rising global crude oil prices...
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Mumbai, March 20 The rupee fell by 19 paise to its record intra-day low of 93.08 against the US dollar in early trading on Friday, as the US dollar further strengthened and FII outflows continued unabated amid the ongoing conflict in West Asia.Elevated global crude oil prices put further...
Mumbai, March 18 The rupee plunged by 49 paise to close at a record low of 92.89 against the US dollar on Wednesday, weighed down by a stronger dollar and continued outflows from foreign investors.Rising crude oil prices in global markets, amid escalating conflict in the Middle East, further...
Mumbai, March 18 The rupee plunged by 23 paise to close at a record low of 92.63 (provisional) against the US dollar on Wednesday, weighed down by a stronger dollar and sustained outflows from foreign investors.Rising crude oil prices in global markets, amid intensifying conflict in the Middle...
Mumbai, March 18 The rupee declined by 18 paise to hit a record low of 92.58 against the US dollar on Wednesday, amid a strengthening dollar overseas and continued outflows of foreign capital.Elevated crude oil prices in global markets, coupled with the intensifying conflict in West Asia...
Mumbai, March 18 The rupee fell by 3 paise to 92.43 against the US dollar in early trade on Wednesday, weighed down by outflows from foreign investors and a stronger dollar amid the ongoing conflict in the Middle East.According to forex traders, a decline in global crude oil prices and a...
Mumbai, March 17 The rupee declined by 12 paise to settle at an all-time low of 92.40 against the US dollar on Tuesday, due to rising crude oil prices and continued outflow of foreign funds amid the West Asia crisis.A positive trend in domestic equity markets also helped the domestic currency...
Mumbai, March 17 The rupee declined by 12 paise to settle at an all-time low of 92.40 (provisional) against the US dollar on Tuesday, driven by rising crude oil prices and continued outflows of foreign funds amid the West Asia crisis.A positive trend in domestic equity markets also helped the...
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Mumbai, March 17 The rupee lost 14 paise and traded at 92.42 against the US dollar in the early deals on Tuesday, as it failed to resist the pressure from rising crude oil prices and the continuous withdrawal of foreign funds amid the heightened West Asia crisis.Weak domestic equity markets...
Mumbai, March 16 The rupee strengthened by 2 paise to settle at 92.28 against the US dollar on Monday, supported by a firm trend in domestic equity markets and a weak greenback against major currencies overseas.However, surging crude oil prices and foreign funds outflows triggered by...
Mumbai, March 16 The rupee weakened by 10 paise to settle at a fresh record low of 92.40 (provisional) against the US dollar on Monday amid surging crude oil prices and persistent withdrawal of foreign funds triggered by geopolitical uncertainties.The local currency, however, resisted a sharp...
Mumbai, March 16 The rupee remained weak and lost 13 paise to 92.43 against the US dollar in early trade on Monday, weighed down by massive withdrawal of foreign funds and surging crude oil prices amid geopolitical uncertainties.Volatile sentiment in domestic equity markets further dragged the...