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How strong is dollar-commodities link? One of the most enduring perceptions in globalMore Play foreign currencies against the US dollar-and win For decades, if not longer, the US dollar has been known as the world's reserve currency. Foreign investors and central banks have gobbled up greenbacks and debt issued by the US government on theMore Rupee trims rise as dollar recovers Mumbai: The rupee trimmed gains on Monday after climbing to a two-week high, as the dollar's rise against major currencies and import payments dampened early euphoria sparked by a strongMore Forex reserves fall by $517 m Mumbai: The country's foreign exchange reserves fell by $517 million to $252.460 billion for the week ended April 17, according to data released in the Reserve Bank of India's weeklyMore 4 FAQs on forex Under the Foreign Exchange Management Act, Indian residents have the freedom to buy and sell foreign exchange for a wide range of transactions. The permissible capital account transactions includeMore Gold futures extend rise on economic worry Mumbai: Gold futures extended gains for a second day on Thursday as concerns about the global economy and the financial sector prompted safe haven buying, analysts said. More Gold demand edges up ahead of festival Mumbai: Gold demand edged up on Wednesday as traders stocked the yellow metal in anticipation of an offtake for a key festival due next week, dealers said. More Gold futures trade flat Mumbai: Gold futures were off their day's highs and traded flat on Wednesday as pressure from a strong rupee was offset by slightly higher international markets, analysts said. More Rupee drops to 2-wk low on risk aversion Gold remains down on weak global cues New Delhi: Gold prices fell by Rs 70 to Rs 14,520 per 10 gram in the national capital today on sustained selling by stockists influenced by weak global trend. More |
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