Currency

Dollar-starved Maldives notifies new foreign currency rules

Maldivian economy appears to have taken a hit after calls to Indian tourists to avoid the picturesque island nation as a response to President Mohamed Muizzu's 'India Out' campaign last year.

20 October 2024, 09:24 IST

Dollar-starved Maldives notifies new foreign currency rules

20 October 2024, 09:24 IST

'Shortage of lower denomination currency notes troubling poor,' Congress MP writes to FM Sitharaman

The Virudhunagar MP said the shortage of lower denomination currency notes was affecting millions of poor people in rural and urban areas.

21 September 2024, 09:06 IST

'Shortage of lower denomination currency notes troubling poor,' Congress MP writes to FM Sitharaman

21 September 2024, 09:06 IST

Rupee slips 1 paisa to settle at 83.44 against US dollar

Forex traders said the gaining momentum in the local unit was snapped by a firm American currency and higher level of crude oil prices in the overseas market.

19 June 2024, 11:20 IST

Rupee slips 1 paisa to settle at 83.44 against US dollar

19 June 2024, 11:20 IST

Sterling builds on gains as British PM calls July election

'Currencies like political certainty and the pound is no exception. An election generates unknown variables and moving parts,' Neil Jones, senior FX sales to financial institutions at TJM Europe, said.

22 May 2024, 16:58 IST

Sterling builds on gains as British PM calls July election

22 May 2024, 16:58 IST

Will ZIG end hyperinflation in Zimbabwe?

The world is increasingly swinging towards authoritarian governments hoping for brighter days — but they will most likely slip into darker nights

07 May 2024, 07:19 IST

Will ZIG end hyperinflation in Zimbabwe?

07 May 2024, 07:19 IST

Rupee rises 15 paise to 83.16 against US dollar in early trade

Forex traders said investor sentiments got a boost as crude oil prices retreated from their elevated levels.

10 April 2024, 04:10 IST

Rupee rises 15 paise to 83.16 against US dollar in early trade

10 April 2024, 04:10 IST

Rupee rises 11 paise to 83.42 against US dollar in early trade

Elevated crude oil prices and sustained foreign fund outflows also dented investor sentiments, forex traders said.

04 April 2024, 04:04 IST

Rupee rises 11 paise to 83.42 against US dollar in early trade

04 April 2024, 04:04 IST

Rupee turns flat at 83.33 against US dollar in early trade

Forex traders said the positive equity markets and inflow of foreign funds resisted the fall in the Indian currency.

28 March 2024, 03:44 IST

Rupee turns flat at 83.33 against US dollar in early trade

28 March 2024, 03:44 IST

Rupee trades in narrow range against US dollar in early trade

At the interbank foreign exchange, the rupee opened at 83.33 against the dollar and touched an early low of 83.34 in initial trade, registering a fall of 5 paise over its previous close. It was later trading at 83.31 against the American currency.

27 March 2024, 03:59 IST

Rupee trades in narrow range against US dollar in early trade

27 March 2024, 03:59 IST

Explained | Japan hiked interest rates; Why is the yen falling?

Now Japanese officials are talking of official intervention to prop it up. It traded at 151.86 per dollar on Friday, its weakest this year and within a whisker of levels that drew intervention in 2022. It also made long-term lows versus the euro and Aussie last week.

25 March 2024, 09:22 IST

Explained | Japan hiked interest rates; Why is the yen falling?

25 March 2024, 09:22 IST