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DGCX launches new Indian rupee contractThe Dubai Gold and Commodities Exchange (DGCX) has launched a mini Indian rupee futures contract (DINRM), in a bid to further expand the reach of its Indian rupee product offering. The first-of-its-kind to be introduced in the reg More… |
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Emirates Islamic launches new forex servicesUAE-based Emirates Islamic Bank has today announced the launch of the first of a series of initiatives aimed at providing customers with market leading foreign exchange services. Faisal Aqil, deputy CEO, Consumer Wealth Management More… |
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DGCX sees record monthly volume in FebThe Dubai Gold and Commodities Exchange (DGCX), the region’s first derivatives exchange, has posted a monthly record of 1,157,340 contracts, valued at $44.16 billion, in February. The month also saw the highest ever average More… |
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Dubai gold futures surge 111pcDubai Gold and Commodities Exchange (DGCX) said the gold futures, its flagship product, grew 111 per cent in June to hit 60,353 contracts driven by significant surges in gold and Indian Rupee futures trading. The exchange also registered i More… |
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DGCX sees record trading volumes in MayDubai Gold and Commodities Exchange (DGCX) has announced record-breaking trading volumes for a third consecutive month in May on the back of major upswings in Gold and Rupee Futures trading. The total trading volume for last month hit 853, More… |
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Indian rupee up 2pc after RBI actionThe Indian rupee jumped more than 2 percent on Friday and was on track to post its biggest single-day rise in more than two years after the central bank took steps to stem the currency's plunge to a series of record lows. At 10.47am (0517 More… |
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DGCX Rupee contract volume hits new recordThe Dubai Gold & Commodities Exchange (DGCX), the first derivatives exchange in the region, said its Indian Rupee/Dollar futures has registered the highest-ever daily volume record of 15,509 contracts worth $688.52 million. More… |
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Indian rupee gets new symbolThe Indian government on Thursday approved a new symbol for the Indian rupee - a mix of the Devanagri 'Ra' and Roman 'R.' thus making it the fifth currency in the world to have a distinct identity. With this, the Indian rup More… |
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Indian rupee at five-year lowThe Indian rupee slid to its lowest in more than 5-½ years on Monday as local shares dived nearly 6 percent. The partially convertible rupee ended at 47.80/81 per dollar, 1.5 percent weaker than its 47.0750/0850 at close on Friday. It slum More… |
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Indian rupee hits 23-month lowThe Indian rupee continued its slide and hit a 23-month low of 45.45 for a dollar as the US currency jumped to a one-year high against the euro. In active trade at the Interbank Foreign Exchange (forex) market, the local currency resumed More… |
