Monday, September 2, 2019, 11:46 AM
Revenue Secretary Ajay Bhushan Pandey said that the government was looking at how to standardise gold-prices, something which needs to be addressed. Pandey was responding to a query on the increase in gold-prices and whether it was a cause of concern and if the government planned to introduce a gold monetisation scheme. He said Rupee depreciation against the U.S. Dollar was also another factor.
Wednesday, August 14, 2019, 9:18 PM
Rebounding from six-month lows, the rupee advanced 13 paise to close at 71.27 against the US dollar on August 14 amid easing oil prices and gains in the domestic equity market. Forex traders said the US delaying new tariffs on Chinese electronics goods as well as encouraging macroeconomic data also boosted investor sentiment. Positive macroeconomic data also supported the domestic unit.
Tuesday, August 13, 2019, 7:46 AM
The yen rose to its highest level in more than 1-1/2 years versus the dollar on August 12 as investors ramped up bets that the Japanese currency could gain more in the case of a prolonged China-US trade conflict. The yen also registered similar gains against the euro, rising by more than half a percentage point to its highest level in April 2017.
Thursday, July 25, 2019, 8:14 PM
The rupee depreciated by 6-paise to close at 69.04 against the US-dollar amid sustained foreign fund outflows and firm crude-oil-prices. Prolonged weakness in the domestic equity markets and a strengthening greenback further weighed on the local-unit, forex traders said. At the interbank foreign exchange market, the rupee opened at 68.99 and went on to touch the day's high of 68.92 against the US dollar.
Wednesday, June 19, 2019, 8:08 AM
The rupee June 18 appreciated by 21 paise to close at 69.70 against the US dollar as easing crude prices and a weak dollar ahead of the US central bank's meeting helped the currency snap its three-day losing streak. Forex dealers said the selling of the American currency by exporters and gain in other Asian currencies also supported the rupee.
Tuesday, March 5, 2019, 1:15 PM
Gold prices were steady on Tuesday, trading near five-week lows touched in the previous session, as a firmer dollar and optimism over a likely U.S.-China trade deal dented safe-haven appeal of the precious metal. Spot gold was up 0.2 percent to $1,288.46 per ounce as of 0552 GMT, after slipping to $1,282.50 in the previous session, its lowest since Jan. 25.
Thursday, February 21, 2019, 8:19 PM
The rupee skidded by 11 paise to close at 71.24 against US dollar as rising oil-prices and strengthening greenback weighed on market sentiment. At the Interbank forex-market, the domestic unit opened strong at 71.06 and rose to 70.91. However, it could not hold on to the gains and fell to a low of 71.29 before finally ending at 71.24 a fall of 13 paise.
Tuesday, January 8, 2019, 7:49 PM
The Indian rupee was trading lower against the US dollar on Tuesday after crude-oil-prices surged in eight-out of nine trading sessions. Traders awaited the outcome of US -China trade talks and President Trump's speech. At 9.10am, rupee was trading at 70 dollar, down 0.46% from previous close of 69.68. The home currency opened at 69.84 dollar and touched a low of 70.01 dollar.
Friday, January 4, 2019, 7:37 AM
The Japanese yen hit its highest level since March against U.S. dollar on Wednesday evening after what some traders are calling a "flash crash." At around 5:35p.m. Japan's currency traded around 104.80, up about 4% in a sudden move. Earlier in day, yen traded around 109 per dollar. The currency traded at 107.74 versus the dollar on Thursday morning ET, down more than 1%.
Thursday, January 3, 2019, 9:11 PM
Gold prices scaled a more than six-month peak on Thursday as worries about a global economic slowdown and volatility in equities boosted safe-haven buying, while a weaker dollar offered support. Spot gold touched its highest since June 15 at $1,290.09, and was trading up 0.3% at $1,288.43 per ounce at 0443 GMT. U.S. gold futures were up about 0.5% at $1,290.20 per ounce.
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