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After appreciating towards 83.94/$1 levels in April, the combined impact of tariff uncertainties, border tensions and expectations of further monetary easing by the central bank made the rupee the worst performing currency in Asia in May. The rupee weakened 1.27% in May, from 84.48/$1 at the beginning of the month to 85.57/$1 as of May 30, and retreated the most in Asia. Agencies“There have been unwinding of long rupee positions amid tariff uncertainties while importers are taking advantage of lower forward premiums,” said Kunal Sodhani, head of treasury at Shinhan...

  Rupee weakened by 10 paise to close at 85.48 (provisional) against the US dollar on Thursday, pressured by a strengthening dollar overseas and a rise in global crude oil prices. Forex traders noted that gains in the domestic equity markets and foreign capital inflows helped limit the local currency's fall. At the interbank foreign exchange market, the rupee opened at 85.56 and traded between an intra-day low of 85.62 and a high of 85.40 before settling at 85.48, marking a 10 paise decline from Wednesday’s close of 85.38. Anuj...

US Stock Market Live: Futures on Wall Street have seen a sharp surge in the early hours of Thursday, Indian Time, after a US trade court termed President Donald Trump's imposition of global tariffs as 'illegal' and was subsequently blocked. The ruling can now be appealed by the Trump administration in the Federal court. The Dow futures are up 550 points, while the S&P 500 and Nasdaq futures are up 95 points and 450 points respectively. Watch this space for all the Live updates.US Stock Market Live: Futures on Wall...

US Stock Market Live: Futures on Wall Street have seen a sharp surge in the early hours of Thursday, Indian Time, after a US trade court termed President Donald Trump's imposition of global tariffs as 'illegal' and was subsequently blocked. The ruling can now be appealed by the Trump administration in the Federal court. The Dow futures are up 450 points, while the S&P 500 and Nasdaq futures are up 75 points and 330 points respectively. Watch this space for all the Live updates.US Stock Market Live: Futures on Wall...

Rupee depreciated by 37 paise to close at 85.96 (provisional) against the US dollar on Thursday, pressured by strong dollar demand from importers and foreign banks, along with a surge in crude oil prices. Forex traders highlighted that surging US bond yields are unsettling global investors. "Moreover, the narrowing yield differential between India and the US is making Indian assets less attractive," they noted. Elevated crude oil prices, driven by rising geopolitical tensions in the Middle East, further dampened investor sentiment. At the interbank foreign exchange market, the rupee opened...

US Stock Market Live: Futures on Wall Street are currently trading with losses, indicating a negative start to the trading day on Wednesday. In-line with analyst expectations, the dip that came on Wall Street during Tuesday's trading session got bought into and the indices ended off the lows of the day. For now, the Dow futures are trading 220 points lower, while futures on the S&P 500 and Nasdaq are down 30 points and 130 points respectively. Watch this space for all the live updates.US Stock Market Live: Futures on...

US Stock Market Live: Futures on Wall Street are currently trading with losses, indicating a negative start to the trading day on Wednesday. In-line with analyst expectations, the dip that came on Wall Street during Tuesday's trading session got bought into and the indices ended off the lows of the day. For now, the Dow futures are trading 220 points lower, while futures on the S&P 500 and Nasdaq are down 30 points and 130 points respectively. Watch this space for all the live updates.US Stock Market Live: Futures on...

US Stock Market Highlights: US stocks slipped on Tuesday (May 20) as the tech-driven rally lost momentum. The S&P 500 fell 0.39% to close at 5,940.46, while the Nasdaq Composite declined 0.38% to 19,142.71. The Dow Jones Industrial Average shed 114.83 points, or 0.27%, ending at 42,677.24. Tech stocks, which had powered the market’s gains over the past six sessions, saw broad declines.US Stock Market Highlights:  US stocks slipped on Tuesday (May 20) as the tech-driven rally lost momentum. The S&P 500 fell 0.39% to close at 5,940.46, while the...

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Subscribe To NotificationsScan QR code to install appImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your own due diligence checks, apply your own discretion and consult your competent advisors. The...