The yen languished near a three-month trough on Tuesday as the loss of a parliamentary majority for Japan’s ruling coalition in weekend elections raised uncertainty about the nation’s political and monetary outlook. Elsewhere, the dollar eased a touch, though remained not too far from its recent high ahead of major U.S. data releases later in … Read more
Male: Dollar-starved Maldives has floated a new foreign currency regulation, limiting types of transactions allowed in foreign currency and imposing mandatory foreign currency exchange controls on tourism establishments and banks. Maldivian economy appears to have taken a hit after calls to Indian tourists to avoid the picturesque island nation as a response to President Mohamed … Read more
Indian Railway Finance Corporation Share Price 152.4 03:59 PM | 11 Oct 2024 0.97(0.65%) Suzlon Energy Share Price 74.39 03:59 PM | 11 Oct 2024 -1.05(-1.4%) Indian Renewable Energy Development Agency Share Price 228.61 03:59 PM | 11 Oct 2024 -5.08(-2.18%) Tata Motors Share Price 930.7 03:59 PM | 11 Oct 2024 2.21(0.24%) YES Bank … Read more
The dollar drifted sideways on Wednesday, giving some relief to the yen and other major currencies after a sharp rally to a seven-week high last week, as investors paused to assess the interest rate path outlook for the United States. The New Zealand dollar slumped to its lowest since Aug. 19 at $0.6096, after the … Read more
Rising prices have made people grumpy. They have depressed consumer confidence, despite a growing economy and low unemployment. But exactly how inflation is hurting, helping and confusing people is hard to understand. Everyone knows that the cost of living has increased. Yet unless you’re constantly pulling out a calculator, you’re unlikely to know whether your … Read more
Gold prices opened on the Multi Commodity Exchange (MCX) on Wednesday at Rs 69,340 per 10 grams and hit an intraday low of Rs 69,309. In the international market, prices hovered around $2,284.06 per ounce. Meanwhile, silver opened at Rs 77,981 per kg and hit an intraday low of Rs 77,189 on the MCX. In … Read more
Gold prices opened on the Multi Commodity Exchange (MCX) on Tuesday at Rs 68,638 per 10 grams and hit an intraday low of Rs 68,580. In the international market, prices hovered around $2,252.19 per ounce. Meanwhile, silver opened at Rs 75,750 per kg and hit an intraday low of Rs 75,310 on the MCX. In … Read more
Gold prices opened on the Multi Commodity Exchange (MCX) on Monday at Rs 68,699 per 10 grams. In the international market, prices hovered around $2,196.32 per ounce. Meanwhile, silver opened at Rs 75,223 per kg on the MCX. In the international market, the price hovered around $24.69 per ounce. Manav Modi, Analyst, Commodity and Currency, MOFSL, … Read more
Senior Congress leader Jairam Ramesh addressing the media at AICC, in New Delhi. File. | Photo Credit: Sushil Kumar Verma The Congress on March 24 targeted Prime Minister Narendra Modi on the issue of falling value of the Indian rupee against the U.S. dollar, and sought answers from him. Congress general secretary Jairam Ramesh said … Read more
Mumbai: The rupee Wednesday closed at its strongest level versus the US dollar in six months as disappointing American economic data caused the greenback to weaken globally while overseas investors deployed funds in local capital markets. The domestic currency settled at 82.83 per US dollar on Wednesday, its strongest closing level since September 4, 2023, … Read more