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A rate cut would keep the 1-year yield between 2.10% and 2.35%, while a pause could boost the yield to 2.70%, a trader at a state-run bank said. Meanwhile, the rupee was slightly weaker on the day ...
The rupee recovered 9 paise from its all-time low level to close at 87.50 against the US dollar on Friday, after the Reserve Bank of India reduced the key policy rate by 25 basis points in line ...
The Rupee declined to close at a record low on Thursday as expectations of a cut in the repo rate weighed on forex market sentiment amid continued demand for Dollars from importers. The Indian ...
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For example, if the nominal dollar exchange rate is ₹85, the dollar price of foreign goods is $10 and the rupee price of domestic ... The vertical zero-line marks no change in the NEER ...
In the week of Jan. 10, the rupee had hit its then record low of 85.97 and logged its tenth consecutive weekly loss. The currency settled at 86.61 to the dollar on Friday, and fell 0.6% this week ...
Recent depreciation should be seen in this perspective as rupee is one of the best performing currencies in Asia.” Between September 10 and January 10, rupee fell by 2.4%, while Malaysia Ringgit ...
putting the spotlight on line dancing. This decadeslong pastime in Black communities has been celebrated everywhere from weddings to family reunions to impromptu backyard hangs. “We were kind of ...
MUMBAI (Reuters) - The Indian rupee weakened to its all-time low on ... loosened its grip on the INR," Societe Generale said in a note. The rupee's 1-month implied volatility, a gauge of future ...
Gold prices soared Rs 500 on Thursday, reaching a two-month high of Rs 81,300 per 10 grams in Delhi's bullion market. The rally was driven by fresh buying from jewellers and retailers, alongside a ...