Indian rupee ends month, quarter in red
The Indian rupee ended the month and quarter slightly lower on Monday, trailing most Asian peers due to muted…
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import payments
Indian rupee drops on Middle East conflict
The Indian rupee dropped to its lowest point since mid-March on Thursday due to risk aversion in financial markets.
Indian rupee hits two-month low amid high oil prices
The Indian rupee fell on Wednesday due to ongoing corporate hedging and high oil prices, with concerns about…
Indian rupee steady amid Iran-Israel conflict
The Indian rupee remained stable on Monday despite risk aversion due to the Iran-Israel conflict, as exporters sold…
Indian rupee edges up on foreign dollar sales
The Indian rupee slightly increased in early trading on Wednesday, supported by foreign banks selling the US…
Indian rupee hits lowest in 7th sessions on dollar strength
The Indian rupee fell for the sixth time in seven sessions on Wednesday, briefly dropping below 86 against the US…
Indian rupee edges lower amid mixed cues
The Indian rupee ended slightly lower on Tuesday, with analysts noting that the overall trend still points towards…
Indian rupee slips as dollar strengthens after US court tariff ruling
The Indian rupee weakened on Thursday as the US dollar rebounded sharply following a federal court ruling that…
Indian rupee ends flat amid month-end dollar demand
The Indian rupee closed almost unchanged on Wednesday, as the influence of month-end dollar demand from importers…
Indian rupee dips amid strong US dollar, volatile trading
The Indian rupee and other regional currencies weakened on Tuesday due to a stronger US dollar, declining Asian…
Bank Audi Egypt raises $1.2 billion since pound float decision
Bank Audi SAE, Egypt’s eighth largest commercial bank and the Egyptian arm of Lebanon’s Bank Audi, has collected…
Suez Canal Bank has provided $300 mln to fund trade since currency float
Egypt’s Suez Canal Bank has provided around 300 million to fund trade since the country floated its currency in…
Egypt’s two largest state banks raise $23 bln since pound float decision
National Bank of Egypt (NBE) and Banque Misr, the country's largest state banks, have collected around $23 billion…
Egyptian banks sold $21 billion to cover imports since pound float – c.bank
Egyptian banks have provided $21 billion to cover import payments since the central bank devalued pound on November…
Banque Misr raises $900 million since Egyptian pound float move – official
Egypt’s second biggest bank, state-owned Banque Misr has collected $900 million since Nov.3 decision to freely…
Egypt’s NBE bank sold $550 million in two weeks to cover imports – chief
Egypt’s biggest lender, the state-owned National Bank of Egypt has provided around $550 million to cover import…