The rupee on Friday lost 28 paise to close at 44.58/59 against the US currency on fresh dollar demand from banks and importers on the back of strong dollar overseas.
Posted on 22 October 2010.
The rupee on Friday lost 28 paise to close at 44.58/59 against the US currency on fresh dollar demand from banks and importers on the back of strong dollar overseas.
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Posted on 22 October 2010.
The Indian rupee continued to trade weaker in the afternoon session on Friday tracking a choppy domestic share market.
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Posted on 22 October 2010.
According to his calculations, that rate should be above 7.2 yuan per dollar, weaker than the current rate of around 6.6 to the dollar.
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Posted on 22 October 2010.
Euro is a little higher against the dollar as finance officials from the Group of 20 meet in South Korea amid growing global tensions over exchange rates.
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Posted on 22 October 2010.
South Africa’s rand recouped some of its overnight losses against the dollar on Friday but could be on the back foot in quiet trading ahead of a G20 meeting, while futures hinted at the bourse opening down.
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Posted on 22 October 2010.
Spot yuan fell against the dollar on Friday, heading for its first weekly fall since early September, after the People’s Bank of China fixed a weaker mid-point in a clear signal that Beijing wants a temporary pause in the yuan’s recent appreciation.
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Posted on 22 October 2010.
The dollar moved in a tight range in Asian trade on Friday as investors stayed on the sidelines to monitor the G20 meeting of finance ministers and central bankers, dealers said.
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Posted on 22 October 2010.
Rupee depreciated by 19 paise to Rs 44.49 a dollar in early trade today, weighed down by dollar’s strength against other Asian currencies.
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Posted on 22 October 2010.
It?s easier to make money in a passive portfolio covering dozens of countries than making one bet on a single currency.
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Posted on 21 October 2010.
The rupee gained marginally on Thursday as bullishness due to share gains and weakness in the dollar was offset by concerns of foreigners repatriating funds.
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