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Rupee may struggle after Fed rate cut expectations dialled back
Reuters· 12 hours agoTreasury yields higher. Non-deliverable forwards indicate the rupee will open marginally weaker to...
USD/INR drifts lower ahead of FOMC Minutes
The Forex Market· 2 days agoIndian Rupee (INR) edges lower on Wednesday as the cautious Fedspeak supports the US Dollar (USD).
Indian cenbank's FX strategy leans on NDF intervention to safeguard reserves, say sources
Reuters· 11 hours agoThe Reserve Bank of India is relying more on interventions in the non-deliverable forwards (NDF)...
Rupee climbs to over one-month high on foreign banks' dollar sales
Reuters· 2 days agoThe Indian rupee rose to its highest in over a month on Tuesday, aided by dollar sales from large...
Calmer Markets Ahead of the Weekend
The Forex Market· 3 hours agoOverview: The dollar is paring yesterday's advance that was spurred by the rise in US rates following the preliminary PMI, which reached its best level...
Gold price on May 21: Rates in main Indian cities
The Forex Market· 3 days agoGold prices rose in India on Tuesday, according to data from India's Multi Commodity Exchange (MCX). Gold price stood at 73,853 Indian Rupees (INR) per...
India cenbank net bought $13.25 billion in spot forex market in March, bulletin shows
Reuters via Yahoo Finance· 3 days agoThe Reserve Bank of India (RBI) bought a net $13.25 billion in the spot foreign exchange market in...
India central bank's record dividend to government may reduce fiscal gap
Reuters via Yahoo Finance· 2 days agoMUMBAI (Reuters) -The board of India's central bank approved a record surplus transfer of 2.11...
Biocon Biologics Obtains U.S. FDA Approval for Biosimilar Aflibercept for Yesafili™. Enters U.S....
WTRF Wheeling· 3 days agoBiocon Biologics Ltd (BBL), a fully integrated global biosimilars company and subsidiary of Biocon Ltd (BSE code: 532523, NSE: BIOCON), today announced that the U.S. Food and Drug Administration ...