US-China trade

Rupee plunges to over 6-mth low of 71.43; skids 29 paise

7:45 pm August 19, 2019

Mumbai: The Indian rupee tumbled 29 paise to close at an over six-month low of 71.43 against the US dollar on Monday amid growing worries over economic slump and sustained foreign fund outflows. Further, rising crude oil prices and strengthening of the US dollar vis-a-vis other currencies overseas also took toll on the Indian currency. […]

Rupee falls 38 paise; touches 71 level against US dollar

11:43 am August 13, 2019

Mumbai: The rupee deprecated by 38 paise and fell to 71 per dollar mark in early trade on Tuesday amid strengthening of the American currency and weak opening in domestic equities. Forex traders said the strength of the US dollar against other overseas currencies and concerns about US-China trade negotiations also kept investors edgy. At […]

Rupee rebounds 18 paise to 70.71 against USD in early trade

11:06 am August 8, 2019

Mumbai: The rebounded by 18 paise to 70.71 against the US dollar in early trade on Thursday, a day after the Reserve Bank of India cut the key interest rate by 35 basis points. At the interbank foreign exchange, the rupee witnessed high volatility against the US dollar. The local unit opened strong at 70.80 […]

Rajasthan: Around Rs 4.5 crore cash seized from car

Rupee plummets amid Kashmir tension, Yuan fall

1:59 pm August 5, 2019

Mumbai: The rupee was trading down by 77 paise at 70.37 against the American currency on Monday, amid uncertainty over Kashmir Issue and US-China trade related concerns. In a highly volatile trade, the rupee opened at 70.20 at the interbank forex market and touched a low of 70.59 and a high of 70.18 against the […]

RBI rate decision, global cues, earnings to drive markets this week: Analysts

2:27 pm August 4, 2019

New Delhi: The RBI’s interest rate decision, US-China trade conflict and quarterly earnings would influence trading in the equity markets this week, say analysts. Participants will also keep an eye on taxation issues following reports that the Prime Minister’s Office and the finance ministry have held talks regarding tax surcharge on FPIs announced in the […]