Rupee Slips But State-Run Banks’ Dollar Sales Cushion Decline

The Indian rupee was on the defensive again on Friday, echoing price action seen during much of the week on tepid risk appetite, while dollar sales from state-run banks helped it hold above its all-time low of 88.80 per dollar.The rupee weakened 0.1% to 88.6850 as of 10:00 a.m. I

Read More

  • Related Posts

    Domestic 10 Yr Govt Bond Yield To Trade In 6.48-6.58% Range In Nov, Downward Bias Likely On Higher FII Inflow: BoB Report

    The domestic 10-year government bond yield is expected to trade in the range of 6.48-6.58 per cent in the current month, with a slight downward bias due to higher foreign institutional investor (FII) inflows, according to a report by Bank of Baroda.The report said that the downwa Read More

    China Starts Work On Easing Rare Earth Export Rules But Short Of Trump Hopes, Sources Say

    China has begun designing a new rare earth licensing regime that could speed up shipments, but it is unlikely to amount to a complete rollback of restrictions as hoped by Washington, industry insiders said.The Ministry of Commerce told some rare earth exporters they will be able Read More

    Leave a Reply

    Your email address will not be published. Required fields are marked *