Last Updated: Saturday, September 12, 2015, 09:49
The PPI report indicated relatively low inflation level, therefore lowering market expectation for an interest-rate hike as early as this month.
Last Updated: Friday, August 28, 2015, 18:02
IDBI Bank on Friday said its Board has approved raising of foreign currency debt up to USD 7.5 billion (about Rs 49,000 crore).
Last Updated: Friday, August 21, 2015, 21:34
The Reserve Bank on Friday said online filing of foreign currency transfer of shares will be operational from Monday next week to facilitate reporting of transactions under foreign direct investment.
Last Updated: Monday, August 3, 2015, 17:20
Indian Bank has revised its Foreign Currency Non-Resident (banking) term deposit interest rates with immediate effect.
Last Updated: Monday, August 3, 2015, 09:37
The euro bought $1.0985 and 136.23 yen, slightly higher than $1.0984 and 136.10 yen in US trade.
Last Updated: Friday, July 31, 2015, 14:44
The decision to scrap the limit sent the franc -- a refuge currency -- soaring in value against major currencies and unleashed turbulence on global markets.
Last Updated: Friday, July 31, 2015, 14:19
With competitive air fares and lucrative tour packages, there is a big surge in the number of tourists who are more interested in visiting Europe than South Asia or USA.
Last Updated: Tuesday, July 21, 2015, 08:58
The dollar index was little changed at 97.995 and near a three-month high of 98.147 scaled overnight.
Last Updated: Friday, July 17, 2015, 20:44
The country's foreign exchange reserves declined marginally by USD 156.9 million to USD 354.360 billion in the week to July 10, due to fall in foreign currency assets, according to the RBI weekly data.
Last Updated: Monday, June 22, 2015, 20:45
Global rating agency Moody's has affirmed State Bank of India's (SBI) local and foreign currency deposit ratings at Baa3/P-3.
Last Updated: Monday, June 1, 2015, 21:42
Saudi Arabia`s foreign currency reserves dropped by $49 billion in the first four months of 2015 following the dive in world oil prices, a report said Monday.
Last Updated: Wednesday, May 27, 2015, 10:31
In Tokyo, the greenback bought 123.15 yen, compared with 123.09 yen in New York, where it passed the 123.30 yen level at one point, its highest since mid-2007.
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