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Chinese stocks hit nine-month lows and the yuan fell on Monday as the authorities' efforts to revive demand failed to inspire investors
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World Bank is mulling local currency lending in countries like India to help borrowers save on costs, a senior official said on Friday
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Here are some frequently asked questions answered by RBI regarding the withdrawal of Rs 2000 banknotes
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Mumbai: Currency with the public has jumped to a new high of Rs 30.88 lakh crore as of October 21, illustrating that cash usage is still robust even six years after the demonetisation move. At Rs 30.88 lakh crore, the currency with the public is 71.84 per cent higher than the level for the fortnight […]
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The six-member Monetary Policy Committee (MPC) of the RBI voted 5-1 to up the policy repo rate by 50 basis points (bps) to rein in the above target inflation
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The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.05 per cent at 92.87.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading up 0.01 per cent at 92.80.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.06 per cent down at 92.02.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.10 per cent down at 92.08.
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Global oil benchmark Brent crude futures fell 0.05 per cent to USD 75.80 per barrel.
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The domestic currency had lost 128 paise in the last eight trading sessions till Thursday.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.01 per cent to 90.53.
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Brent crude futures, the global oil benchmark, rose 0.88 per cent to USD 73.33 per barrel.
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On the domestic equity market front, the BSE Sensex ended 514.56 points or 1 per cent higher at 51,937.44.
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Forex traders cautioned that the coronavirus risk still persists and a lot will depend on aggressive rollouts of the vaccination programme.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.15 per cent to 89.87.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.20 per cent to 89.93.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.09 per cent to 90.23.
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Daily average transactions on IMPS have now gone up to Rs 9,000 which was earlier in the range of around Rs 6,000-7,000.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.10 per cent to 90.86.