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Latest Articles in forex

Rupee Gains 7 Paise Against Dollar In Early Trade

Fresh foreign fund inflows and weakness in the dollar against a few currencies overseas supported to the rupee

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The $400 Billion Question

Does India need such a high level of foreign exchange reserves which, parked in us treasury bonds, earn one per cent annual interest? Two, can the reserves be put to more productive use?

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Rupee Rebounds To 1-Week High Of 65.01; Zooms 49 Paise

Frantic unwinding of the American currency by banks and corporates along with upbeat equities predominantly weighed on the rupee trade amid broad based dollar selling in Asia

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Rupee Drops Sharp 32 Paise To 65.60 Against Dollar

Forex dealers said the greenback hit a one and a half month high overseas after US manufacturing activity in September rose to its highest level in 13 years, bolstering expectations of an interest rate hike

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Centrum Direct Expects 50% Sales Growth In Overseas Education Business

Private equity majors New York Life and Jacob Ballas own around 30 per cent in the company, which is aiming to maintain its leadership position in the key segment

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Rupee Down Six Paise Against Dollar In Early Trade

Forex dealers said US dollar's gains against rivals overseas in the wake of a string of developments at the global level also had an impact of the rupee.

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Indian Forex Reserve Ascents To Lifetime High

The stock exchange also pumped Rs 24,776 crore into the Indian equities and debt market in the month of May

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Rupee Up 12 Paise Against Dollar At 64.26

Forex dealers said that apart from heavy selling by exporters and banks, weakness in the dollar against other currencies overseas supported the rupee

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Rupee Slides 9 Paise Against Dollar In Early Trade

The rupee weakened further by 9 paise to 64.27 against the dollar in early trade on Friday at the forex market on increased demand for the American currency from importers and banks

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Rupee Rallies To 3-Week High At 64.27 Against Dollar

The rupee rose 17 paise to hit a 3-week high of 64.27 against the dollar in late morning trade on persistent selling of the greenback by banks and exporters on the back of lower dollar overseas

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Indusind Bank Launches Indusforex.Com For All Foreign Exchange Requirements

The IndusInd Bank has launched IndusForex.com, a one-stop portal for all foreign exchange needs of Indian consumers. With the help of this portal, one can buy multi-currency foreign exchange cards and reload it anytime, anywhere in eight different currencies

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Rupee Zooms past 3-month High In Early Trade, Up 24 Paise

Forex dealers said that besides increased selling of the American currency by exporters as well as banks, a higher opening in the domestic equity market supported the rupee

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Rupee Good Run Continues, Gains 4 Paise Against Dollar

Forex dealers said the weakness in the greenback against other currencies overseas and a higher opening in the domestic equity market also supported the rupee

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