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Nov 21, 2022 08:36 PM ISTRupee falls 5 paise to close at 81.79 against US dollar
The domestic unit finally settled at 81.79 against the American currency, registering a fall of 7 paise over its last close.
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Nov 17, 2022 08:08 PM IST Dollar bounces as U.S. economy sends mixed signals; sterling drops
The greenback has tumbled in recent weeks as inflation data and comments from Federal Reserve officials have suggested that the central bank can soon slow the pace of its punishing interest rate hikes.
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Nov 17, 2022 04:08 PM IST Rupee falls 37 paise to close at 81.63 against US dollar
Forex traders said the American currency strengthened after strong US retail sales data pointed to resilient consumption adding room for tighter policy by the US Federal Reserve.
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Nov 11, 2022 12:53 PM IST Commodities LIVE: Rupee at 7-week high vs. USD, where is it headed?
Catch today's commodity chat with Manisha Gupta to know how the surge could impact you!
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Oct 28, 2022 05:53 PM IST Hard work doesn't pay without God's blessings, 130 crore Indians want pictures of Lakshmi, Ganesh on currency: Arvind Kejriwal
Blessings of the Almighty are necessary for hard work to translate into success, the Aam Aadmi Party leader said. Kejriwal reiterated his demand to print pictures of the two Hindu deities on currency notes at a rally at Morva Hadaf in Panchmahal district of Gujarat where Assembly elections are expected to be announced soon.
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Oct 26, 2022 07:18 PM IST Kejriwal’s suggestion for deities’ images on banknotes sparks furore
Other parties term move opportunistic, with an eye on garnering the Hindu vote in the forthcoming Gujarat election
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Oct 26, 2022 02:26 PM IST Attempt to hide anti-Hindu face: BJP's Manoj Tiwari over Arvind Kejriwal seeking Lakshmi, Ganesha images on currency notes
If Kejriwal really meant what he said then he should expel former Delhi minister Rajendra Pal Gautam and AAP’s Gujarat unit president Gopal Italia from the party for ”speaking against Hindu deities”, Tiwari demanded.
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Oct 26, 2022 02:21 PM IST US dollar drops to three-week low as traders weigh a Fed pivot
A slew of US data on manufacturing, home prices and consumer confidence have all fallen short of economist estimates, underscoring the toll of Fed tightening
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Oct 24, 2022 10:26 PM IST Stocks, pound up as Rishi Sunak poised to become new British Prime Minister
European markets closed in positive territory, despite data showing Britain and Germany heading for recession and the Hong Kong stock market plunging
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Oct 24, 2022 05:11 PM IST Dollar shrugs off suspected Japan intervention; pound eyes UK politics
The dollar held firm in the face of a report on Friday from the Wall Street Journal that said Federal Reserve officials will likely debate the size of future interest rate hikes, which in turn kept Treasury yields from drifting higher.
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Oct 23, 2022 04:05 PM IST Harry Potter is on UK currency for the first time ever
Coins from the Royal Mint mark 25 years since the first Harry Potter book.
- Oct 21, 2022 10:06 PM IST
Rupee slips 9 paise to close at 82.88 against US dollar
At the interbank foreign exchange market, the local currency opened at 82.89 and witnessed a high of 82.59 and a low of 82.91.
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Oct 17, 2022 09:38 AM IST Smartphone apps bury the case for a pan-Asian currency
The debt crisis in southern Europe — and the threat it posed to the single currency in the early part of the last decade — ended that pipe dream.
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Oct 16, 2022 06:31 AM IST Soaring dollar leaves food piled up in ports as world hunger grows
Around the world, countries that rely on food imports are grappling with a destructive combination of high interest rates, a soaring dollar and elevated commodity prices, eroding their power to pay for goods that are typically priced in the greenback
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Oct 15, 2022 10:08 AM IST As the causes of US inflation grow, so do the dangers
High inflation has now spread well beyond physical goods to the nation’s vast service sector, which includes everything from dental care and apartment rents to auto repairs and hotel rates. The broadening of inflation makes it harder to tame
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Oct 11, 2022 09:15 AM IST Are money markets sending out distress smoke signals?
A sharp jump in long term benchmark yields marks a sign of stress. Expected equity returns will increase and borrowing costs will also increase. A weaker rupee makes matters worse. There’s a message here for traders
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Oct 09, 2022 05:27 PM IST In Pakistan, used cars have more lasting value than money
A falling currency, protectionist market, and high inflation all contribute to the rising value of cars—and a frenzied market for used ones.
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Oct 07, 2022 09:14 AM IST Slide in Asian currencies as dollar soars is a shadow of 1990s crisis
Currencies are down and inflation is up. Just don’t look for a replay of the 1990s
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Oct 06, 2022 04:28 PM IST Rupee falls 32 paise to close at all-time low of 81.94 against US dollar
At the interbank foreign exchange market, the local currency opened on a positive note at 81.52, then pared all the gains to settle at an all-time low of 81.94 against the American currency, registering a decline of 32 paise over its previous close.
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Oct 06, 2022 06:55 AM IST World currency reserves shrink by $1 trillion in record drawdown
Reserves have declined by about $1 trillion, or 7.8%, this year to $12 trillion, the biggest drop since Bloomberg started to compile the data in 2003.
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Oct 04, 2022 09:14 AM IST BRICS nations talk on reserve currency to reduce dependence on dollar, euro
The reserve currency will be based on a basket of the currencies of the five-nation bloc.
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Oct 03, 2022 05:04 PM IST Sterling helped by tax cut U-turn, yen steadies past 145 per dollar
The pound touched $1.128 after media reports of the u-turn, its highest level since Sept. 22, the day before British finance minister Kwasi Kwarteng sent markets tumbling with a new "growth plan" to cut taxes and regulation, funded by vast government borrowing.
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Oct 02, 2022 06:17 AM IST World economy roiled by simultaneous shocks echoing 2007 anxiety
Having failed to foresee the surge in inflation to multi-decade highs, the Federal Reserve and most peers are now lifting rates at speed in a bid to restore price stability and their own credibility
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Sep 29, 2022 12:02 PM IST Watch | How Rupee's Fall Affects Stock Market & Foreign Investment
The Indian rupee has a major fall against the dollar. FIIs, being the largest group of investors in the Indian stock market, may lead to rupee appreciation with investment and depreciation through selling. But does it actually affect the equity market? Let's find out
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Sep 27, 2022 06:10 PM IST Markets Podcast: Rupee may be at record low, but the situation is nowhere as bad as 2013
The rupee is hovering around its record low against the dollar. But is that a reflection on economy’s health or does it have to do with the US Fed’s monetary policy? In this podcast, Santosh Nair picks CNBC TV18 Executive Editor Lata Venkatesh's thoughts on the factors behind the rupee’s slide and if the situation is as dire as it was during the crisis of 2013.
