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Total 83 results found. Search for [ Currency intervention ]

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BusinessToday.In
September 18, 2018
Continuing its intermittent fall against the US dollar, the Indian rupee dived to another all-time low of 72.98 on Tuesday. The currency has lost over 13 per cent in value against the greenback since the beginning of the year.


BusinessToday.In
September 17, 2018
Despite steps such as withdrawing withholding tax on Masala bonds, allow some breathing space to foreign portfolio investors, and check non-essential imports and promote exports in order to arrest the decline in rupee, the local currency fell over 50 paise below the 72 level per dollar mark in trade today.


BusinessToday.In
New Delhi, September 10, 2018
Economic Affairs Secretary Subhash Chandra Garg said last week's rupee fall was on account of the belief that emerging markets with a current account deficit may face some pressures going forward, and the rupee was no exception


Anand Adhikari
New Delhi, August 31, 2018
The central bankers and governments of the EM countries have taken a number of steps to protect the value of their currencies


PTI
New Delhi, July 19, 2018
The domestic currency suffered a major setback as forex sentiment turned wobbled once again with a resurgent dollar and a slew of local issues sparking jitters among investors.


BusinessToday.In
New Delhi, May 30, 2018
You can blame the increase in crude oil prices, the depreciating rupee and hardening rates of key raw materials - steel and copper - for this.


BusinessToday.In
New Delhi, May 17, 2018
The rupee has had a rough ride of late but the good news is that it continued to strengthen for a second day today. The rupee opened eight paise higher at 67.72 against the US dollar this morning. It proceeded to gain 13 paise in the morning trade before slipping again and is currently at 67.70.


PTI
May 9, 2018



Sushmita Choudhury Agarwal
New Delhi, April 17, 2018
Last week, the US Treasury Department included India in its currency monitoring list for the first time ever. Other countries already present on the list include China, Korea, Japan, Germany and Switzerland.


PTI
October 18, 2017
Observing that there has been a notable increase in the scale and persistence of India's net foreign exchange purchases, the US Department of Treasury has told the Congress that it will closely monitor New Delhi's foreign exchange and macroeconomic policies.


BT Online
New Delhi, May 16, 2017
Hackers behind the WannaCry cyber attack demanded 'ransom' in bitcoins for releasing 'hostage' computers under their control. The anonymity associated with the cryptocurrency is the reason it was chosen by hackers as their preferred means of transaction.


Reuters
January 9, 2017
Asian stocks edged higher on Monday, helped by a strong Wall Street, and the dollar stood tall against rivals after the latest US payrolls data indicated strong underlying wage growth, strengthening the case for more rate increases in 2017.


PTI
New Delhi, November 25, 2016
The rupee opened at 68.76, touched a record low of 68.86 before noon on Thursday, but closed at 68.73 against the US currency as the central bank pumped nearly half a billion worth of dollars to prop it up. The unit had fallen to a lifetime low of 68.85 on August 28, 2013 due to Fed taper tantrums


Reuters
Tokyo, September 16, 2016
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.15 per cent. Japan's Nikkei advanced 0.3 per cent, while Australian shares climbed 0.9 per cent.


BT Online
New Delhi, July 5, 2016
Bank of America Merrill Lynch expects Reserve Bank of India (RBI) to consider 25 basis points (bps) cut in interest rates in its next policy meet scheduled to take place on August 09.


PTI
New Delhi, June 24, 2016
Armed with contingency measures to tackle extreme volatility, regulators on Friday kept a close watch on the markets as investors dumped stocks and the rupee tumbled following Britain's vote to leave the European Union.


PTI
New Delhi, June 24, 2016
\"Currencies do help adjustment and some movement is warranted... what I have been concerned about is intervention in a big way in the currency so as to move it in a particular direction and create a competitive advantage... we as central bankers will have to get together and make sure we do not do it,\" Raghuram Rajan told CNBC TV18 after the UK vote to leave the EU.


PTI
Mumbai, June 24, 2016
Market benchmark Sensex plunged by 604.51 points on Friday to 26,397.71, its biggest single-day fall in nearly four months, as a shock victory for 'Leave' camp in the UK referendum sent markets across the world into a tailspin.


PTI
Mumbai, June 22, 2016
The hectic buying by domestic institutions, as also by some top-shot brokers in their proprietary accounts, was in sharp contrast to heavy selling of stocks by foreign portfolio investors.


PTI
Mumbai, June 21, 2016
The Foreign Portfolio Investors (FPIs) remained net sellers with a net outflow of Rs 537.46 crore, after taking into account shares worth Rs 3,602.86 crore bought by them.


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