Gold up on softer dollar; India budget eyed for import duty cut
Gold edged higher for a second straight session on Thursday, helped by a weaker dollar and as minutes of the Federal Reserve`s recent policy meet gave no indication of an early hike in U.S. interest rates.
Jul 10, 2014, 08:52 AM IST
Tokyo stocks open down 0.49%
Tokyo stocks opened 0.49 percent lower on Tuesday after a setback on Wall Street and the dollar`s fall against the yen.
Jul 08, 2014, 05:51 AM IST
Euro, yen edge higher in quiet forex market
The euro was slightly higher against the dollar while the yen picked up a little ground in mostly quiet forex market action on Monday.
Jul 08, 2014, 04:02 AM IST
Rupee drops most in nearly 3 weeks, down 29p Vs dollar
The rupee Monday slipped 29 paise, logging its biggest drop in nearly three weeks, to end at 60.01 versus the dollar on rising demand for the US currency from custodian banks.
Jul 07, 2014, 19:11 PM IST
Rupee edges lower after surging to three-week highs
The rupee Thursday surged to three-week highs in early trade but closed four paise lower at 59.73 against the dollar on weakness in local stocks and persistent demand for the American currency from importers, including oil firms.
Jul 03, 2014, 19:00 PM IST
Rupee rises 38 paise to 59.69 Vs dollar, most is 7 weeks
The rupee on Wednesday appreciated 38 paise -- its biggest single-day rise in seven weeks -- to close at 59.69 against the US dollar on optimism that the budget next week would contain strong measures to put finances and the economy back on track.
Jul 02, 2014, 18:29 PM IST
Rupee gains most in over 10 days, ends at 60.07 Vs US dollar
In line with rise in stocks, the rupee Tuesday rose by 10 paise -- its biggest single-day rise in over ten days -- to end at 60.07 against the dollar after the government hiked fuel and LPG prices to ease subsidy burden.
Jul 01, 2014, 18:15 PM IST
Rupee drops 9 p vs dollar; logs worst monthly show since Aug
The rupee on Monday fell nine paise to end at 60.17 against the dollar, completing its worst monthly show since August and its first quarterly drop in three.
Jun 30, 2014, 21:27 PM IST
Rupee recovers from one-week lows to end at 60.12 vs USD
The rupee Wednesday reversed early losses and ended one paisa higher at 60.12 against the US dollar as sales of the American currency by exporters, including IT firms, helped the local unit bounce back from one-week lows.
Jun 25, 2014, 19:29 PM IST
Rupee gains most in over a month, up 31p to 60.08
Bucking the weak trend in stocks, the rupee Thursday rose 31 paise, logging its best single-day gain in over a month, to end at 60.08 against the dollar as the American currency weakened on US Fed keeping its policy of ultra-low interest rates intact.
Jun 19, 2014, 18:12 PM IST
Gold price gains for 5th day; rises by Rs 190 to Rs 27,790 per 10 grams
Depreciating rupee against the dollar, making imports costlier, also buoyed the sentiment, they said.
Jun 14, 2014, 16:08 PM IST
Yen slips as BoJ calls for more reform in Tokyo
The BoJ held monetary policy in place after a two-day meeting, as expected.
Jun 14, 2014, 08:43 AM IST
Friday the 13th hits stocks, rupee once again; gold shines
Sensex tanked 348.04 points and Nifty dropped 107.80 points.
Jun 13, 2014, 18:39 PM IST
RBI net purchaser of $5.87 bn from spot forex market in April
RBI's intervention in the forex market is to check volatility in the currency.
Jun 10, 2014, 19:13 PM IST
Dollar steady in Asia after solid jobs data
The dollar and euro edged up against the yen in Asia on Monday as confidence was boosted upbeat US jobs data that suggested a recovery in the world`s number one economy is well on track.
Jun 09, 2014, 09:44 AM IST
Dollar edges higher after upbeat US jobs data
The dollar rallied slightly against the euro and other major currencies Friday after a solid May US jobs report pointed to growth in the world`s largest economy.
Jun 07, 2014, 03:39 AM IST
