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China Tightens Control To Restrain Currency Rise
China's central bank is trying to restrain the rise of the yuan after the currency hit a 2 1/2-year high against the dollar. Commercial banks were ordered Thursday to increase the amount of their foreign currency deposits that are held as ...
Rupee Trades Unchanged At 73.46/ US Dollar
Rupee in Friday's trade (September 11, 2020) trades unchanged 73.45 versus previous day's close of 73.46 per US dollar. Yield on benchmark 10-year bond however fell sharply to 6.054% versus previous close of 6.05%. In the previous session, rupee gained ...
Rupee Opens Lower Amid Weak Equities And Dollar's Strength
Rupee in Wednesday's trade (September 9, 2020) opened lower at 73.66 versus previous day's close of 73.60 per US dollar. Yield on benchmark 10-year bond however fell sharply to 6.04% versus previous close of 6.057%. This is as India-China tensions along ...
Rupee Opens Steady At 73.84 Per US Dollar
Rupee in Friday's trade (August 28, 2020) opens almost steady at 73.84 versus previous day's close of 73.82 per US dollar. In the previous session, the domestic unit gained sharply after RBI Governor's comments that the central bank has not exhausted ...
Rupee Opens Steady At 74.29 Per US Dollar
Rupee in Thursday's trade (August 27, 2020) opened almost unchanged at 74.29 versus previous day's close of 74.30 per US dollar. The yield on 10-year benchmark bond stood at 6.192%. The Reserve Bank of India will purchase Rs. 10,000 crore of bonds ...
Rupee Opens Higher At 74.18 Per US Dollar
Rupee in Tuesday's trade (August 25, 2020) opened higher at 74.18 versus previous day's close of 74.32 per US dollar. In the previous session, it closed at 5-month high owing to strong inflows.  The yield on 10-year benchmark bond came in ...
Rupee Slips To 75 Per Dollar On Equity Weakness
Rupee in Thursday's trade (August 20, 2020) opened sharply lower at 74.98 versus previous day's close of 74.82 per US dollar. And later the home currency hit the day's low of 75. The yield on 10-year benchmark bond came in at ...
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