Fed Reserve News

In a holiday-truncated week, the rupee resumed trade on a weak note. The rupee opened lower at 69.61 as against Tuesday's close of 69.566 against the greenback. Oil prices slipped in Thursday's trade after data pointed at record production of US ...

The rupee in Friday's trade hit levels of three week low by declining as much as 36 paise to trade at 67.98 for a dollar. But later, was seen trading higher by a margin at 67.93.The domestic unit is weakening on ...

The US Federal Reserve today raised the benchmark interest rate a quarter point, noting that inflation is moving closer to the central bank's two percent target. But in announcing the first move since President Donald Trump took office in January, the ...

The rupee was trading steady once again today on quiet global cues. The currency last traded at 62.76 against the dollar in early morning trade. The rupee has been steady for the last few trading sessions as major cues including ...

The rupee opened strong at 63.24, but soon gave up gains and was trading marginally lower at 63.43, against the dollar, a drop of 6 paise over Wednesday's close. Indian forex markets will eagerly wait for a decision by the ...

Each time gold shows encouraging signs of a rally, it comes down again. This year, gold is set to snap a continuous 12-year rally and could end lower. Here are 5 reasons why gold should be sold each time its price rises. {photo-feature}...