Banks India’s c. bank steps in to stabilise rupee – sources Nada Ali Jan 16, 2025 0 The Indian central bank was selling dollars through state-run banks to support the rupee on Thursday.
Featured Sri Lanka’s CCPI inflation falls 1.7% in Dec. ’24 Aya El Sayed Dec 31, 2024 0 Sri Lanka's consumer price index (CPI) fell by 1.7 per cent year-on-year in December, following a 2.1 per cent drop…
Banks Indian c. bank likely sells dollars to stem rupee’s slide Nada Ali Dec 24, 2024 0 The Indian central bank probably sold dollars to curb the rupee's decline after it reached an all-time low on…
The Watch Rupee hits record low amidst dollar strength, outflows Nada Ali Nov 12, 2024 0 The Indian rupee plunged to a record low on Tuesday, pressured by a combination of factors, including a…
forex news Indian rupee weakens to record low on Monday Nada Ali Oct 28, 2024 0 The Indian rupee weakened to a record low on Monday, pressured by a stronger US dollar and rising US Treasury…
Banks India’s c. bank intervenes to stem rupee drop Nada Ali Aug 7, 2024 0 The Reserve Bank of India (RBI) has instructed major banks to refrain from increasing their positions against the…
Stocks Indian stocks tumble 2% amid global sell-off Nada Ali Aug 5, 2024 0 Indian shares fell by about two per cent on Monday, marking their sharpest intra-day decline in two months.
International News Indian rupee slips as US yields rise Nada Ali Jul 1, 2024 0 The Indian rupee slowed against the US dollar on Monday, falling to 83.46 compared to its previous close of 83.3825…
forex news Indian rupee slips despite Asian gains Nada Ali Jun 6, 2024 0 The Indian rupee weakened against the US dollar on Thursday, defying the trend of broad gains in other Asian…
International News Indian rupee faces pressure amid foreign outflows Nada Ali Jun 5, 2024 0 The Indian rupee is under scrutiny as the central bank steps in to defend the currency following the unexpected…
Featured Indian rupee dips amid election jitters Nada Ali May 13, 2024 0 The Indian rupee began the week slightly weaker, in line with other Asian currencies, amid concerns about the…
International News India to overtake Japan as world’s 4th largest economy in ’25 Nada Ali Apr 21, 2024 0 India's nominal gross domestic product (GDP) is now expected to surpass Japan's in 2025, a year earlier than…
International News Indian rupee gains 0.1% on Tuesday Nada Ali Mar 26, 2024 0 The Indian rupee rose on Tuesday due to central bank intervention and a stronger offshore Chinese yuan.
Money Egypt in talks to launch Indian rupee-denominated bonds – FinMin Amwal Al Ghad English Dec 20, 2023 0 Egypt has started negotiations with India to explore the possibility of issuing rupee-dominated bonds on the Indian…
Industry & Trade India pays first crude oil payment to UAE in rupees Nada Ali Aug 15, 2023 0 India and the United Arab Emirates made their first-ever historic crude oil payment in local currency, making…
Banks India c.bank seen to hike rates to shore up rupee Amwal Al Ghad English Oct 2, 2018 0 With the rupee hovering close to its all-time weakest level against the U.S. dollar, India's central bank is widely…
International News India rupee ban: Opposition parties begin ‘day of rage’ nada nasser Nov 28, 2016 0 Indian opposition parties say thousands will participate in nationwide protests against the government's ban on two…
forex news Yuan, rupee forecast to weaken slightly over coming year: Reuters poll Noha Gad May 4, 2016 0 The outlook for major Asian currencies has stayed remarkably stable, according to a Reuters poll of strategists,…
World India makes surprise rate cut, citing softening inflation Administrator Mar 4, 2015 0 The Reserve Bank of India announced a surprise interest-rate cut Wednesday, trimming its policy repurchase rate by…
forex news Rupee Leads Losses in Asian Currencies This Week on Fed Outlook Amwal Al Ghad English Nov 9, 2013 0 India’s rupee led losses in Asian currencies this week as overseas investors cut holdings of the region’s stocks on…
forex news Dollar Wobbles But Set for Weekly, Monthly Gains Yomna Yasser Aug 30, 2013 0 The U.S. dollar swung between gains and losses Friday, but the currency was poised to notch a weekly advance after…
Financial Institutions No need to panic over falling rupee: FM Administrator Jun 23, 2013 0 Finance minister P Chidambaram said on Friday that there was no need for panic over the weakness in the rupee and…
forex news India Sets Forex Rules To Halt Slide In Rupee Yomna Yasser May 10, 2012 0 India's central bank Thursday moved aggressively to halt a sharp slide in the rupee, imposing foreign-exchange…
Financial Institutions World Bank Revives “Curry” Bonds Administrator Mar 30, 2012 0 News that the World Bank is set to issue as much as USD4.3bn in rupee bonds has revived talk of the viability of a…
forex news Indian Rupee Falls to Two-Month Low Yomna Yasser Mar 22, 2012 0 The Indian rupee fell for a fourth consecutive session this morning, falling to its weakest level in eight weeks,…
forex news Rupee rises amid Greek debt-swap Deal Yomna Yasser Mar 10, 2012 0 Mumbai India's rupee strengthened the most in five weeks as an agreement among private investors to swap 95.7 per…
forex news Rupee Nears Its Lowest Within A Month Administrator Mar 6, 2012 0 India's rupee fell to the lowest level in more than a month on speculation foreign funds will cut purchases of…
forex news Asia Currencies Drop, Led by Ringgit, Italy, Spain Ratings Administrator Feb 15, 2012 0 Asian currencies weakened after Moody’s Investors Service cut the debt ratings of six European countries including…
forex news Asian Currencies Have First Weekly Loss in 2012 on Greece Bailout Concerns Administrator Feb 11, 2012 0 Asian currencies had this year’s first weekly loss after European leaders held back a bailout package for Greece,…