You Searched For "foreign exchange market" and got 16 results
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1 min read
RBI to infuse $2 billion dollars into forex markets on Monday
The Reserve Bank on Thursday announced measures to infuse liquidity in the foreign exchange market,…
PTI
6 mins read
What is Forex? Understanding the market for exchanging foreign currencies
Forex stands for "foreign exchange" and involves trading one currency for another.
Charles Bovaird
1 min read
Citibank, JPMorgan, and other banking giants are facing a potential class action lawsuit over ripping off clients on currency trades, report says
The banks, which include UBS, Barclays, Citibank, and JPMorgan, are accused of colluding to rig pri…
Ethan Wu
1 min read
REPORT: Investigators Are Looking Into Whether A Group Of Traders Called 'The Cartel' Rigged Currency Rates
The former member of the group told colleagues that individual client names weren't discussed in th…
Steven Perlberg
2 mins read
Rupee gains 34 paise to close at 81.86 against US dollar
Anuj Choudhary further noted that the rupee depreciated earlier today as PMI data was disappointing…
PTI
3 mins read
Gold Mania Virtually Over In India?
The RBI introduced the 80:20 scheme in July, under which 20% of the gold purchased from overseas ha…
Rashmi Roddam
4 mins read
Here's what comes next for the world's top currencies as Fed moves and global growth fears weigh on foreign exchange markets
Spiking energy prices are among the factors weighing on the yen, euro, and yuan against the soaring…
Carla Mozée
1 min read
Rupee plunges 45 paise to 74.20 against US dollar in early trade
The Indian rupee plunged 45 paise to 74.20 against US dollar in early trade on Monday tracking weak…
PTI
3 mins read
The dollar is on pace for its worst 4th-quarter performance in 17 years as vaccine roll-outs embolden investors
The rollout of COVID-19 vaccines, low interest rates in the US, and an improving global economic ou…
Amanda Cooper
2 mins read
India's foreign exchange reserves rose by USD 2.6 billion in the week ending May 10: RBI
The country's foreign exchange reserves had hit an all-time high of USD 648.562 billion recently. A…
ANI
1 min read
Rupee trades flat at 83.53 against US dollar in early trade
At the interbank foreign exchange market, the rupee moved in a tight range of 83.50 to 83.54 in mor…
PTI
1 min read
India's forex reserves hit record $666.85 billion, driven by surging gold and foreign currency assets
India's foreign exchange reserves have surged to a record high, reaching a new peak of $666.85 bill…
ANI
3 mins read
India’s markets regulator could soon allow the direct listing of Indian companies on foreign stock exchanges
However, the SEBI panel’s recommendation came with two conditions. Firstly, this will…
2 mins read
Rupee moves upward for second straight session, rises 6 paise to 83.37 against US dollar in early trade
The rupee stayed on the upward track for the second straight session and appreciated 6 paise to 83.…
PTI
1 min read
The Chinese yuan is 'stable and healthy' despite recent volatility and record outflows, top Beijing official says
Despite the yuan suffering its biggest weekly drop against the dollar since 2015, a Chinese foreign…
Phil Rosen
1 min read
China has the world's largest foreign exchange reserves — and it just grew for the first time in 2022 as the US dollar strengthens
"The current external environment is still complex and severe... and the international financial ma…