Economic times india forex traders
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Ethereum 4gb | The US government will also release data on consumer prices on Wednesday. Foreign investors turned buyers in July nearly after 10 months, with an investment of around Rs 4, crore in the Indian equity markets. Forex traders said foreign fund inflows into capital markets and softening crude oil prices boosted the local currency. Demand for the dollar from refiners and importers buying the dip took away some gains in the local unit, traders told Reuters. Residents are permitted to trade currency futures contracts like dollar-rupee and euro-rupee on local stock exchanges. |
4 folds betting calculator horses | Most central banks, including the RBI, would be compelled to raise their base interest rates following the Fed boost in order to relieve pressure on their local currencies. Foreign institutional investors remained net buyers in the capital market on Thursday as they purchased shares worth Rs 1, The unit had strengthened to A decision is expected in the coming days. The decline in forex reserves and a pick-up in imports has meant that this pool is now adequate to cover about nine months of imports compared to 16 months at the peak. |
Economic times india forex traders | On the debt side, yields on the benchmark year bond rose 8 basis points to 7. Japanese Finance Minister Shunichi Suzuki reiterated the government's readiness to take "appropriate action" against excessive currency volatility. The Indian currency had settled at Rupee depreciation: Winners and losers Typically, net exporters, remittance receivers, or those with dollar incomes will gain, while net importers will get hit, when the currency weakens. The unit had strengthened to The US government will also release data on consumer prices on Wednesday. Last month, Japan intervened to buy yen for the first time sincein an attempt to shore up the battered currency. |
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