China's forex regulator vows to prevent risks, keep market stable
Participants at a meeting by the regulator on Friday called for the prevention of abnormal cross-border capital flows caused by external risks, and vowed to crack down on illegal activities in the market, according to a statement on its website.
Rupee rises 16 paise to 71.04 against dollar
At the interbank foreign exchange market, the rupee opened at 71.24 against the US dollar
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Rupee pares early gains to settle marginally up at 70.83
A spike in crude oil prices and fears of further rise in retail inflation also capped the rupee gains.
Rupee rises 12 paise to 1-month high of 70.92
On Monday, the rupee had settled at 71.04 against the American currency.
Rupee extends winning run for 6th day against dollar
Forex traders said the domestic unit gained ground ahead of the release of key macro-economic numbers on Thursday.
Dollar grinds higher on hopes for tariff delay; Swedish crown surges
The pound was last down 0.3 per cent at $1.3120.
Rupee slips 12 paise to 71.74 against dollar
Rupee finally settled at 71.74, lower by 12 paise against its previous close.
Rupee settles 10 paise lower at 71.81 against USD
On Tuesday, the local unit had settled at 71.71 against the greenback.
Rupee settles 9 paise higher at 71.20 against dollar
Heavy selling in domestic equities weighed on the local unit and restricted the gains.
Rupee settles 28 paise down at 70.97 against US dollar
The local unit finally settled at 70.97, down 28 paise over its previous closing.
Rupee gains 15 paise to end at over 2-week high on forex inflows
Forex traders said the rupee appreciated for the second straight day on foreign inflows in primary as well as secondary equity market.
Rupee ends flat ahead of RBI policy outcome
The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.07 per cent to 97.79.
Rupee slips 12 paise to 71.74 ahead of GDP data
Forex traders said month-end dollar demand from importers and uncertainty over the US-China trade talks also weighed on the domestic currency.
Why you should carry forex prepaid card instead of credit card while travelling abroad
When you buy a forex card, you are being charged an issuance fee (which is the cost of the card). And, when you buy a credit card from a financial institution, especially for travelling abroad, you need to pay a joining fee and annual fee.
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