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Mumbai: India’s foreign exchange reserves fell $897 million to $572.978 billion in the week ended August 5, according to the Reserve Bank of India’s (RBI) bulletin weekly statistical supplement. The fall was witnessed after it rose during the week ending July 29 after falling for the four consecutive weeks earlier. The fall in this week has […]
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Hyderabad: After raiding the houses of casino organizer Chikkoti Praveen Kumar in Saidabad and his aide Madhava Reddy in Bowenpally, the Enforcement Directorate (ED) on Friday conducted searches at four houses of Kumar’s aides including his relative Sampath in connection with Foreign Exchange Management Act (FEMA) violations. Apart from Sampath’s house, the ED, it is […]
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Mumbai: The rupee depreciated 10 paise to 75.22 against the US dollar in opening trade on Monday, tracking the subdued domestic equities and a firm American dollar amid growing concerns over the uncertainty triggered by the Omicron variant.Besides, persistent foreign capital outflows and rising crude prices also weighed on investor sentiments, traders said. At the […]
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Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.11 per cent up at 91.96.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading up 0.02 per cent at 92.70.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading unchanged at 92.40.
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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 up at 92.18.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, surged 0.05 per cent at 92.45.
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Global oil benchmark Brent crude futures fell 0.03 per cent to USD 74.55 per barrel.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.08 per cent down at 92.13.
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The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.12 per cent up at 92.33.
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The expectations of higher-than-expected fiscal deficit after governments' announcement of new relief package on Monday weighed on investor sentiment.
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In the previous week ended April 2, the reserves had dipped by $2.42 billion to $576.28 billion
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Market experts said the trading started the new financial year on a robust note led by optimism in global markets
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The numbers were revealed on Tuesday as Netflix reported its results for the fourth quarter which saw an addition of over 8.5 million paid subscribers to the platform.
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The NGTA, for which the RBI has invited bids from eligible vendors, would be supporting various transactions in asset classes like Fixed Income (FI), Forex (FX), Money Market (MM) and Gold.
