Swiss central bank swells foreign currency reserves to record high
Switzerland`s central bank dramatically increased its foreign currency reserves last month as it moves to keep the heated franc from getting too strong, data released Wednesday showed.
Jan 07, 2015, 19:08 PM ISTRupee at a fresh six-week low of 60.50 against USD
The price rise of essential food items like vegetables, fruits and cereals, pushed up inflation to five-month high of 6.01 percent in May.
Jun 17, 2014, 10:07 AM ISTRBI steps in to check rupee gains: Traders
The Reserve Bank of India was spotted buying dollars via state-run banks starting around 58.99-59.00, three traders said, continuing its heavy intervention to curb strength in the rupee.
Jun 09, 2014, 10:23 AM ISTRupee rises most in a fortnight, up 16 p Vs $ to end at 59.17
Dollar selling by exporters also aided the rupee rise while the dollar index was up marginally.
Jun 06, 2014, 20:00 PM IST