Category: Forex News

How the US is daring the world to find a dollar alternative

The United States is merrily chipping away at the pillars that hold up the dollar as the world’s reserve currency,

Rupee is expected to open broadly unchanged on Friday, holding near to a key level and awaiting the Reserve Bank

The rupee depreciated 5 paise, to settle at 83.49 (provisional), against the US dollar, on Thursday, due to foreign capital

The Indian rupee weakened on Thursday despite broad gains in Asian currencies, which were pushed higher by improved odds of

The rupee recovered 14 paise to close at 83.37 (provisional) against the US dollar on Wednesday, tracking strong buying in

The rupee tumbled 45 paise to close at 83.59 (provisional) against the US dollar on Tuesday as the ruling BJP

The Indian rupee pared early gains after jumping to a more-than-two-month high in early trading. This was due to exit

The dollar index has been stuck in a narrow range for some time now. The index has been range bound

The Russian government has softened requirements for mandatory sales of foreign currency for exporters, if more than half of the

The rupee paired all its early gains and settled with a steep loss of 20 paise at 83.49 (provisional) against