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DGCX sees Nov volumes up 117pcDubai Gold and Commodities Exchange (DGCX) said an uptick in Gold and Indian Rupee Futures trading drove a 117 per cent year-on-year growth in trading volumes last month. The exchange registered 919,282 contracts in the month push More… |
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DGCX nets record monthly volumes in SeptDubai Gold and Commodities Exchange (DGCX) registered its highest ever monthly volumes in September, reaching 971,675 contracts, a 100 per cent increase from the same month last year. The exchange’s total monthly volume was More… |
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Rupee hits record low, more downslide seenThe rupee hit a record low against the dollar for a second consecutive session on Friday and posted its worst weekly fall in nine months, hurt by dollar demand from oil firms and gold importers as well the broad risk-off sentiment. Traders More… |
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Rupee hits fresh low; India may lift diesel priceThe Indian rupee hit a fresh low on Thursday as a sharp increase in petrol prices failed to lift sentiment, although expectations grew that New Delhi could take the more politically fraught step of raising diesel prices as soon as Friday. More… |
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Rupee skids to new low; more falls seenThe Indian rupee slumped to a record low against the dollar on Wednesday, ratcheting up pressure on policymakers to restore confidence in the currency at a time when appetite for risky assets is ebbing around the world. The rupee fell beyo More… |
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Indian rupee tumbles to new record lowThe Indian rupee fell to a new record low on Wednesday, approaching the key psychological level of 56 against the US dollar. The partially convertible currency fell to 55.94 to the dollar, below its previous record of 55.46 on Tuesday. More… |
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RBI pledges push to halt rupee slideIndia's central bank promised yesterday to use "all its available tools" to stabilise the rupee, which sank to a record low against the dollar for a third straight day amid turmoil in global markets. The Indian unit fell to 54.91 against t More… |
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Indian rupee slumps to record lowThe Indian rupee slumped to a record low against the dollar on Wednesday as risk aversion in global markets added pressure on a currency already under fire from the country's current account and fiscal deficits. More… |
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Indian rupee hits record lowThe Indian rupee hit a record low against the dollar on Wednesday, succumbing to the steep risk aversion hitting global markets and highlighting the vulnerabilities of a country facing challenging fiscal and economic outlooks. The rupee fe More… |
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India rupee slump almost over says pollThe Indian rupee will hover near record lows against the dollar for the next month or so, but a further significant fall is unlikely following a near 10 percent slide in the currency since February, a Reuters poll shows. Indeed, the curren More… |
