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INR: The Curious Case of RBI’s Supposed Hands-off
The recent INR strength has taken markets off guard, with INR gaining more than 1.6% in just last five trading session, having even seen the intra-day lows of sub-73/$. The intrinsic near-term appreciation bias on INR is not too surprising given: ...
Inr The Curious Case Of Rbi S Supposed Hands Off
Indian Rupee Rose To Hit 2-Month High Against US Dollar
On Monday, the Indian rupee rose to 73.48 against the US dollar, reflecting a strong trend in local markets. The partially convertible rupee was trading at 73.48/49 per dollar, having touched 73.39 earlier, its highest level since June 16. On Friday, ...
Indian Rupee Rose To Hit 2 Month High Against Us Dollar
Rupee Down By 32 Paise; Close To 75 Per US Dollar
In the interbank foreign exchange market, rupee has been going down against the US dollar and at day's low has hit 74.71 while at day's high scaled to 74.81. Last the Indian unit traded at74.7875 per US dollar, with a change ...
Indians' Funds In Swiss Banks Rise To Over Rs 20,000 Crores
Funds parked by Indian individuals and firms in Swiss banks, including through India-based branches and other financial institutions, jumped to 2.55 billion Swiss francs (over Rs 20,700 crore) in 2020 on a sharp surge in holdings via securities and similar instruments, ...
Indians Funds In Swiss Banks Rise To Over Rs 20 000 Crores
Major Russian Fund Replaces Dollar With Euros, Yuan, And Gold
Russia said Thursday it will completely remove the US dollar from its rainy day fund, a move intended to counter American pressure two weeks before a summit of the two countries' leaders. Finance Minister Anton Siluanov told an economic forum in ...
Major Russian Fund Replaces Dollar With Euros Yuan And Gold
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