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Euro steadies, yen weighed as risk aversion eases 12 Oct 2012 | 04:35 pm
TOKYO: The euro steadied on Friday after snapping a three-day decline the day before when the International Monetary Fund said indebted euro zone economies should have more time to cut budget deficits...
Rupee snaps four-day losing streak; seen stabilising 11 Oct 2012 | 07:57 pm
MUMBAI: The Indian rupee snapped a four-day losing streak on Thursday, boosted by dollar sales from exporters and a late rebound in the domestic share markets which likely brought some foreign fund in...
Yuan steady, Chinese firms sell dollars after post-holiday influx 10 Oct 2012 | 05:39 pm
SHANGHAI: The yuan held steady on Wednesday as corporates sold dollars, which had flooded in since China’s onshore market resumed trading on Monday after a week-long holiday last week, traders said. T...
Rupee keeps gains; oil, weak stocks weigh 10 Oct 2012 | 05:09 pm
Rupee keeps gains, hovering near its near two-week high of 53.14 hit earlier in the session, now trading at 53.05/06 vs its previous close of 52.72/73. Oil-related dollar purchases and weakness in loc...
Rupee seen climbing out of slump, reforms key to further gains 9 Oct 2012 | 04:25 pm
BANGALORE: The rupee will continue to claw back recent losses over the next 12 months after the government unveiled a slew of reforms to repair the country’s finances and boost flagging growth, a Reut...
Yuan ends steady, unexpected strength shows sign of FX inflows 9 Oct 2012 | 04:19 pm
SHANGHAI: The yuan closed little changed against the dollar on Tuesday, defying expectations of a correction after hitting record intraday highs in the previous two sessions, reflecting strong foreign...
Rupee falls most in 3-months; risk aversion spikes 8 Oct 2012 | 07:35 pm
MUMBAI: The Indian rupee fell to a one-week low on Monday and posted its biggest single-day fall in three months, as custodian banks bought dollars on the back of sharp losses in local shares, while g...
Euro rises to three-week high against sterling 8 Oct 2012 | 07:33 pm
LONDON: The euro rose to a three-week high against the British pound on Monday, with sterling coming under broad pressure on expectations of more quantitative easing by the Bank of England and a dour ...
Rupee gains for fifth week; govt raises reforms ante 6 Oct 2012 | 01:18 pm
MUMBAI: The Indian rupee fell on Friday following large outflows from a private equity firm’s stake sale, climbing down after the government’s push for fiscal and economic reforms had sent the local c...
Pound gains versus dollar, hits 2-week low versus euro 6 Oct 2012 | 01:13 pm
LONDON: The pound hit its highest in a week against the dollar on Friday but dropped to a two-week low against the euro as a fall in the US unemployment rate to a near-four year low lifted riskier cur...
