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Continue ReadingDisclaimer | Terms & Conditions | Privacy Policy | Cookie Policy | FAQs | Sitemap | Contact Us | Advertise with Us Network 18 Sites: News18 | Firstpost | CNBC TV18 | In.com | Cricketnext | Overdrive |Topper Learning Copyright © e-Eighteen.com Ltd All rights resderved. Reproduction of news articles, photos, videos or any other […]
Continue ReadingRBI kept benchmark lending rate unchanged for the 10th time in a row at 4 per cent. The Monetary Policy Committee decided to keep reverse repo rate unchanged at 3.35 per cent. Representative image The rupee declined 21 paise to 75.02 against the US dollar in opening trade on Thursday after the Reserve Bank of […]
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ICICI Direct expect the US dollar slipped 0.16% on Wednesday amid rise in risk appetite in the global markets and decline in US treasury yields. However, expectation of higher CPI inflation data from US prevented further decline in the dollar. Broker Research February 10, 2022 / 10:05 AM IST Representative image ICICI Direct’s currency report […]
Continue ReadingRepresentative image The rupee declined by 10 paise to close at 74.84 against the US dollar on Wednesday amid persistent foreign fund outflows and elevated crude oil prices. Investors are cautious ahead of the RBI monetary policy to be announced on Thursday, analysts said. Also Read: Explainer | MPC decision on Thursday. What are the likely […]
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ICICI Direct expect the US dollar index advanced 0.26% on Tuesday amid better than expected trade balance data from US and rise in US 10 year treasury yields. Manoj Tulsian February 09, 2022 / 10:18 AM IST Representative image ICICI Direct’s currency report on EURINR The US dollar index advanced 0.26% on Tuesday amid better […]
Continue ReadingDigital Rupee | In Budget 2022, Modi government introduced Central Bank Digital Currency (CBDS) which will give a big boost to digital economy. It is proposed to introduce Digital Rupee based on blockchain and other technologies, and will be issue by the Reserve Bank of India starting this year. (Image: Shutterstock) A large part of […]
Continue ReadingAt the interbank foreign exchange, the rupee opened at 74.70 against the American dollar and then inched higher to quote 74.68, registering a rise of 6 paise from the last close. Representative image The rupee appreciated 6 paise to 74.68 against the US dollar in the opening trade on Wednesday, supported by firm domestic equities […]
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ICICI Direct, The pound appreciated by 0.03% on the back of downtick in the dollar and optimistic sentiments in the UK markets. February 08, 2022 / 09:12 AM IST AGS Transact Technologies IPO ICICI Direct’s currency report on EURINR The pound appreciated by 0.03% on the back of downtick in the dollar and optimistic sentiments […]
Continue ReadingAt the interbank foreign exchange, the rupee opened at 74.71 against the American dollar, registering a rise of 17 paise from the last close. PTI February 04, 2022 / 11:13 AM IST Representative image The rupee appreciated 17 paise to 74.71 against the US dollar in opening trade on Friday, tracking the weakness of the […]
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ICICI Direct, The Euro appreciated by 1.19% amid hawkish statement from ECB. February 04, 2022 / 09:13 AM IST ICICI Direct’s currency report on EURINR The Euro appreciated by 1.19% amid hawkish statement from ECB. European Central Bank may change their stand towards tighter monetary policy to tame the elevated inflation boosted Euro • The […]
Continue ReadingThe government chose to defer fiscal consolidation and has targeted a budget deficit of 6.4 percent. Giving growth priority over fiscal consolidation is the need of the hour. We may see some murmurs from rating agencies but the markets will not wait for their pronouncements. The government will find it challenging to rein in the […]
Continue ReadingAt the interbank foreign exchange, the rupee opened at 74.84 against the US dollar, then slipped further to 74.91, registering a decline of 8 paise over the last close. PTI February 03, 2022 / 11:13 AM IST Representative image The rupee declined 8 paise to 74.91 against the US dollar in opening trade on Thursday […]
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ICICI Direct, The pound appreciated by 0.33% amid weakness in the dollar and improved risk sentiments in the global markets. February 03, 2022 / 09:17 AM IST ICICI Direct’s currency report on GBPINR The pound appreciated by 0.33% amid weakness in the dollar and improved risk sentiments in the global markets. However, sharp upside was […]
Continue ReadingAt the interbank foreign exchange, the rupee opened at 74.76 against the American dollar, then inched higher to quote 74.71, registering a rise of 11 paise from the last close. PTI February 02, 2022 / 11:09 AM IST Representative image The rupee appreciated 11 paise to 74.71 against the US dollar in the opening trade […]
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ICICI Direct, The Euro appreciated by 0.31% on the back of improved manufacturing PMI and decline in unemployment rate from Euro area. February 02, 2022 / 09:15 AM IST Tega Industries IPO ICICI Direct’s currency report on EURINR The Euro appreciated by 0.31% on the back of improved manufacturing PMI and decline in unemployment rate […]
Continue ReadingInvestors were cautious after Finance Minister Nirmala Sitharaman on Tuesday said that the fiscal deficit in 2021-22 will be 6.9 per cent of GDP and 6.4 per cent in 2022-23, forex traders said. The rupee pared its initial gains and was trading 22 paise lower at 74.87 against the US dollar on Tuesday, even as […]
Continue ReadingInvestors were cautious after Finance Minister Nirmala Sitharaman on Tuesday said that the government will borrow about Rs 11.6 lakh crore from the market in 2022-23 to meet its expenditure requirement, forex traders said. The rupee pared its initial gains and settled 17 paise lower at 74.82 (provisional) against US dollar on Tuesday on the […]
Continue ReadingFinance Minister Nirmala Sitharaman will present the Union Budget 2022-23 in Parliament soon. At the interbank foreign exchange, the rupee opened at 74.53 against the American dollar, then inched higher to quote 74.45, registering a rise of 20 paise from the last close. The rupee appreciated 20 paise to 74.45 against the US dollar in […]
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ICICI Direct, The US dollar slipped 0.40% on Monday on the back of a rise in risk appetite in the global markets and decline in US treasury yields. February 01, 2022 / 08:48 AM IST Representative image ICICI Direct’s currency report on USDINR The US dollar slipped 0.40% on Monday on the back of a […]
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