Rupee gains marginally, rises 2 Paise to 83.95 against U.S. Dollar in early trade
The Indian currency has been hovering near the 84 per dollar mark, a level that analysts suggest could act as a psychological threshold in the near term.
Foreign Exchange Market
Stay updated with the latest news and articles about Foreign Exchange Market.
Latest Articles
India’s Forex reserves hit record high of USD 675 billion, announces RBI Governor
The RBI's proactive measures in the foreign exchange market, coupled with prudent fiscal policies, have played a pivotal role in this accumulation.
Japanese officials silent on yen surge amidst global financial meet
The yen’s ascent, surpassing a 1% increase on Wednesday to its strongest position since May, reflects a widespread unwinding of short-yen positions ahead of the upcoming Bank of Japan policy review.
Seoul shares dip 1.42% amidst foreign sell-off
The session opened with cautious optimism, but early trading quickly turned sour as foreign investors opted to offload their holdings.
Currency update: Dollar and euro decline, Yuan sees modest increase on Moscow Exchange
At the opening of trading on Wednesday, the Moscow Exchange witnessed fluctuations in major currency exchange rates. The dollar, in particular, experienced a decline of 11.5 kopecks, settling at 89.6 rubles compared to the previous close.