Rupee up 8 paise against USD
Mumbai/UNI: The rupee on Thursday rallied eight paise at 83.32 in the opening session against US Dollar on the sale of US dollars by bankers and exporters, dealers at the Foreign Exchange said.
The local unit advanced owing to a weak dollar against other world currencies amid a strong opening in the equity market.
The rupee recorded intraday highs and lows at 83.30 and 83.36, respectively, the dealer added.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
Related Articles
CRR cut, AI ethics push, and SORR benchmark: Experts hail RBI’s pragmatic policy moves
Mumbai: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 6.5% while the cash reserve ratio (CRR) has been slashed by 50 basis points to 4 percent, media reports said.
JP Morgan gives 'overweight' rating to Adani Group bonds
Mumbai: US investment bank JP Morgan has assigned an 'overweight' rating to four bonds issued by the Adani Group, citing the group's capacity to scale and grow through internal cash flows, which reduces the likelihood of credit stress.
LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).
De-dollarisation not on India's agenda; derisking domestic trade is: RBI Governor Shaktikanta Das
Mumbai: India has not initiated any steps towards de-dollarisation and is solely focused on mitigating risks to domestic trade from geopolitical uncertainties, Reserve Bank of India (RBI) Governor Shaktikanta Das clarified on Friday, media reports said.
Latest News
Indian High Commission hosts ‘Startup Connect’ event for Bangladeshi innovators
Sangh stands as the embodiment of eternal national spirit: Modi on RSS' 100 years
Pakistan: Blast close to Quetta’s FC headquarters leaves 10 dead
Baloch American Congress asks Trump to support fight for Balochistan's cause
