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Fed Officials See One More Rate Hike As Appropriate
The US Federal Reserve in its September meeting agreed to remain restrictive for some time. On a differed note the officials also saw one more rate hike as appropriate going ahead to meet their target of 2% inflation. The recent FOMC ...
Rupee Opens At 70.02 For A Dollar
Indian currency has opened the day with losses of 0.32% at 70.02 for a dollar after closing at 69.82 in the previous trading day. Though, the impact on the currency is not seen negative. The rupee is likely to trade-rangebound ...
Rupee weak after Fed Minutes; trades at 62.86
Most emerging market currencies were trading weak following the Federal Reserve's Minutes of the meeting, which revealed that officials believe improving economic conditions would help to ease asset purchase programme by the Fed. The rupee was last trading at 62.86 ...
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