Rupee Slides To Record Low Beyond 95 Against Dollar As Oil Prices Surge
Indian rupee breaches 95 against the US dollar as rising crude oil prices and geopolitical tensions pressure the currency and markets.
Gold Prices Remain Below Record High Despite Global Tensions And Market Pressures
Gold prices remain well below record highs despite ongoing global tensions, as strong US economic data, rising dollar, and interest rate outlook weigh on bullion.
Gold, Silver Prices Tumble In India As Market Selling Intensifies
Gold and silver prices fall sharply in India, with gold down Rs 6,990 and silver over Rs 20,000 per kg. Silver has dropped more than 20% this month.
Gold, Silver Prices Fall On MCX As Investors Book Profits After Rally
Gold and silver prices declined on MCX as investors booked profits after recent gains, while a weaker US dollar helped limit losses in bullion markets.
India’s Forex Reserves Rise By $1.48 Billion To $695.10 Billion
India’s forex reserves rose $1.48 billion to $695.10 billion in the week ending 15 August, RBI data showed.
Gold Prices Hit Record High Amid Tariff Tensions And Global Economic Uncertainty
Gold sees its best week since the early COVID-19 days as global investors rushed to the metal amid rising economic uncertainty.
India’s Foreign Exchange Reserves See Significant Increase; Marks Highest Gain In Five Months
Indian foreign exchange reserves continued their upward momentum, rising by USD 6.596 billion to reach USD 665.396 billion as of March 28.
NRI Bank Deposits Surge 42.8% To $13.33 Billion In April-December 2024
RBI data shows NRI bank deposits surged 42.8% to $13.33 billion between April and December 2024, up from $9.33 billion in 2023.
Rupee Breaches 84-Mark Against US Dollar Amid Elevated Crude Prices
The rupee traded lower by 0.12, driven by a rising dollar index that climbed from $100.50 to $102.40. Experts noted ongoing tensions in the Middle East would likely keep oil prices high and weaken the rupee in the short term
Analysts Welcome US Fed Rate Cut As Global Economic Focus Shifts To India
Experts predict that the US rate cut will encourage central banks in other countries to consider similar actions
