Tag Archive | "Indian Currency"

S.Korea won up on G20; govt step caution remains

The South Korean won rose against the dollar on Monday as the greenback broadly fell after a G20 finance ministers’ weekend agreement and heavy buying on the local stock market by foreign investors.

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Swiss franc at 11-week trough as risk appetite picks up

The Swiss franc dropped to its lowest in nearly 11 weeks against the euro on Monday, with European bourses set for a rally thanks to an uptick in risk appetite.

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South Africa rand firmer post-G20, eyes data, budget

South Africa’s rand was stronger against the dollar on Monday, in line with gains by other emerging market currencies.

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Dollar resumes drop after G20, eyes on Fed

The dollar slid broadly on Monday as investors interpreted a Group of 20 agreement to shun competitive currency devaluations as a green light to resume dollar selling.

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Rupee gains 18 paise against dollar in early trade

Forex dealers said besides dollar’s losses against other major currencies, fresh capital inflows into equities by foreign funds kept the rupee sentiment firm.

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Rupee gains on broad dlr fall; shares eyed

The Indian rupee gained in early trade on Monday boosted by broad weakness in the dollar versus majors and a mild rise in shares.

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Dollar softer after G20 strikes uneasy FX truce

The US dollar slipped and looked likely to stay under pressure in Asia asafter the G20 major economies agreed to shun competitive currency devaluations.

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India not to join global chorus on yuan appreciation

India, mindful of its import dependency, is unlikely to join the global rhetoric urging China to let its currency appreciate.

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Rupee takes a tumble as importers step up dollar buy

Rupee declined on speculation that importers were buying dollars to meet month-end oil payments and to take advantage of a slump in gold prices.

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Rupee snaps 7-week rally on outflow concerns

The rupee on Friday snapped a seven-week rally and posted its biggest daily loss in a month-and-a-half as traders positioned for dollar outflows post the country’s largest initial public offer allocation.

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