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Published on 03:06 GMT

Why is the Indian rupee falling against the US dollar?

The Indian rupee’s exchange rate against the US dollar has breached the 85 mark. In other words, one would have to pay Rs 85 to buy $1. In April, this “exchange rate” was around 83 and a decade ago, when Prime Minister Narendra Modi took charge, it was …

Source: The Indian Express - Center-left
Published on Dec 20, 2024

Rupee recovers from all-time low to settle 9 paise higher at 85.04 against US dollar

Mumbai, Dec 20 (PTI) The rupee saw a recovery from its all-time low level and appreciated 9 paise to close at 85.04 against the American currency on Friday, on softening of the US dollar index and a potential intervention by the Reserve Bank of India (RBI …

Source: The Federal - Label Pending
Published on Dec 20, 2024

Rupee recovers from all-time low, gains 10 paise to 85.03 against U.S. dollar

Traders said the rupee recovered from lower levels in the latter half of the day on the softening of the U.S. dollar index and a potential intervention by the RBI. File Photo: Venkatachalapathy C. The rupee saw some recovery from its all-time low level and …

Source: The Hindu - Center-left
Published on Dec 20, 2024

USD/JPY Surpasses The 157.00 Level As The Bank Of Japan's Cautious Policy Reshapes The Currency Market

(MENAFN- Investor Ideas) Investorideas, a go-to platform for big investing ideas releases market commentary from Rania Gule, Senior Market Analyst at XS. The USD/JPY continues to test new record levels, surpassing 157.00 today, Friday, amid a clear …

Source: MENAFN - Uncategorized
Published on Dec 20, 2024

Rupee rises from all-time low, gains 10 paise to 85.03 against US dollar

The rupee saw some recovery from its all-time low level and appreciated 10 paise to close at 85.03 (provisional) against the US dollar on Friday, on softening of the US dollar index and a potential intervention by the Reserve Bank of India (RBI). Forex …

Source: The Hindu Business Line - Neutral
Published on Dec 20, 2024

Naira holds N1,550/$ support line at Nigeria’s foreign exchange market

The local currency maintained its ground during the fourth trading session of the week, despite the US dollar index oscillating at a two-year high. The Central Bank of Nigeria’s (CBN) ongoing reforms in the foreign exchange market have bolstered liquidity …

Source: Nairametrics - Neutral
Published on Dec 20, 2024

Rupee recovers from all-time low, gains 6 paise to 85.07 against U.S. dollar in early trade

At the interbank foreign exchange, the rupee opened at 85.07, registering a gain of 6 paise from its previous close. It was later trading at 85.10 against the greenback, a tad above the all-time low level. File | Photo Credit: V.V. Krishnan The rupee saw …

Source: The Hindu - Center-left
Published on Dec 20, 2024

US Dollar Hits New Higher While Asia And Europe Markets Slide, Oil Drops On China Demand Fears - Global Markets Today ...

On Thursday, December 19, U.S. markets closed mixed after initial gains faded. Stocks mainly remained flat as the Fed forecasted fewer 2025 rate cuts and higher inflation. Jobless claims fell, and Q3 GDP was revised to 3.1%, supporting the Fed’s view. The …

Source: Benzinga - Neutral
Published on Dec 20, 2024

BDCs to purchase $25,000 weekly to support festive FX demand – CBN

The Central Bank of Nigeria (CBN) has introduced temporary measures to address heightened seasonal demand for foreign exchange during the festive period. Bureau De Change (BDC) operators will now be granted access to the Nigerian Foreign Exchange Market ( …

Source: Premium Times - Neutral
Published on Dec 20, 2024

Liberty To Issue USD 5 million Foreign Exchange Bonds

Tbilisi (GBC) - Liberty Bank is issuing foreign exchange bonds of $5 million to support its core capital. The annual interest rate is 13.5%, set at 20:00 Tbilisi time and 11:00 Washington time on Friday, with a 5-year SOFR swap rate. After 5 years (if the …

Source: Georgian Business Consulting - Neutral
Published on Dec 20, 2024

CBN Gives BDC Operators Access to Buy FX from Official Market

By Adedapo Adesanya The Central Bank of Nigeria (CBN) has granted Bureaux de Change (BDC) operators temporary access to the Nigerian Foreign Exchange Market (NAFEM), which is the official market, as part of efforts to further strengthen the Naira in the …

Source: BusinessPost Nigeria - Uncategorized
Published on Dec 20, 2024

Rupee rises by 6 paise to 85.07, recovers from record low against US dollar in early trade

Mumbai: The rupee saw some recovery from its all-time low level and appreciated 6 paise to 85.07 against the US dollar in early trade on Friday. To advertise here, Contact Us Forex traders said the rupee is likely to remain in a weakening mode due to …

Source: Mathrubhumi - Neutral
Published on Dec 20, 2024

Rupee recovers from all-time low, gains 6 paise to 85.07 against US dollar in early trade

Forex traders said the rupee is likely to remain in a weakening mode due to significant dollar demand. The Dollar Index (DXY) is expected to remain elevated, with resistance near the 110 level in the near-term amid a reduced likelihood of significant Fed …

Source: Deccan Herald - Uncategorized
Published on Dec 20, 2024

Rupee recovers from all-time low, gains 6 paise to 85.07 against US dollar

Forex traders say the rupee is likely to remain in a weakening mode due to significant dollar demand Published Date - 20 December 2024, 10:17 AM Mumbai: The rupee saw some recovery from its all-time low level and appreciated 6 paise to 85.07 against the US …

Source: Telengana Today - Uncategorized
Published on Dec 20, 2024

Mastering the Markets: Forex and Crypto Trading Strategies to Watch in 2025

Trading Forex and cryptocurrencies is no longer just for the Wall Street elite. In 2025, the game is evolving faster than ever. If you want to stay ahead, it’s time to embrace new strategies that blend smart risk management with innovative technology. …

Source: PM News - Uncategorized
Published on Dec 20, 2024

India's forex reserves drop to 653 bln USD, lowest since June

NEW DELHI, Dec. 20 (Xinhua) -- India's foreign exchange (forex) reserves dropped to 652.86 billion U.S. dollars during the week ended Dec. 13, revealed the official data released by the country's central bank, the Reserve Bank of India (RBI) on …

Source: Xinhua News Agency - Gov't Propaganda
Published on Dec 20, 2024

Pakistan's central bank forex reserves increase 31 mln USD

ISLAMABAD, Dec. 20 (Xinhua) -- Foreign exchange reserves of the State Bank of Pakistan have increased by 31 million U.S. dollars, the central bank said in a statement on Thursday. During the week ending on Dec. 13, the total foreign exchange reserves of …

Source: Xinhua News Agency - Gov't Propaganda
Published on Dec 20, 2024

Forex reserves drop USD 2 bn to USD 652.86 bn

Mumbai, Dec 20 (PTI) India’s forex reserves dropped by USD 1.988 billion to USD 652.869 billion for the week ended December 13, the RBI said on Friday. In the previous reporting week, the overall reserves had dropped by USD 3.235 billion to USD 654.857 …

Source: The Print - Neutral
Published on Dec 20, 2024

FDI in India showed robust growth, attracted USD 991 billion between 2000 and 2024

New Delhi [India], December 20 (ANI): With nearly 90 per cent of FDI inflows facilitated through the automatic route, India has made significant strides in creating an environment conducive to investment and economic growth. According to the Ministry of …

Source: The Print - Neutral

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Published on December 19, 2024 - 00:49 GMT

Zero Waste Shops Market to Witness Stunning Growth with EarthHero, Unpacked, Lush

Zero Waste Shops Market is projected to grow from USD 4 Billion in 2024 to USD 10 Billion by 2032, at a CAGR of 11%. PUNE, MAHARASHTRA, INDIA, December 18, 2024 /⁨EINPresswire.com⁩/ -- HTF MI recently introduced Global Zero Waste Shops Market …

Distribution channels: Consumer Goods ...
Published on December 19, 2024 - 14:00 GMT

VCG Markets Unveils Cutting-Edge Forex Trading App

LARNACA, Cyprus, Dec. 19, 2024 (GLOBE NEWSWIRE) -- VCG Markets has announced the launch of the VCG Markets Trading App, a new platform designed to provide seamless access to a wide range of financial markets. Catering to both novice and experienced traders …

Distribution channels: Banking, Finance & Investment Industry, Media, Advertising & PR ...

Published on December 18, 2024 - 12:51 GMT

Algorithmic Trading Global Market Report 2024: A Comprehensive Review and Future Projections

The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 18, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company’s …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 18, 2024 - 08:30 GMT

AI in Media & Entertainment Market 2024: Surging OTT Popularity And Online Game Streaming Fuels Market Growth

The Business Research Company’s Early Year-End Sale! Get up to 30% off detailed market research reports—for a limited time only! LONDON, GREATER LONDON, UNITED KINGDOM, December 18, 2024 /⁨EINPresswire.com⁩/ -- The Business Research Company’s …

Distribution channels: Business & Economy, Companies ...

Published on December 18, 2024 - 02:00 GMT

Retail Cosmetic Stores Market is Booming Worldwide | Big Giants L'Oréal, Procter & Gamble, Coty

Retail Cosmetic Stores Market is projected to grow from USD 160 billion in 2024 to USD 230 billion by 2032, at a CAGR of 6%. PUNE, MAHARASHTRA, INDIA, December 17, 2024 /⁨EINPresswire.com⁩/ -- HTF MI recently introduced Global Retail Cosmetic …

Distribution channels: Beauty & Hair Care ...
Published on December 17, 2024 - 01:45 GMT

Instant Win Lottery Games Market is Booming Worldwide | Big Giants LottoLand, Playtech, Camelot

According to HTF mi, the Global Instant Win Lottery Games market to grow from 15 Bn USD in 2024 to 30 Bn USD by 2032, with a CAGR of 9% from 2024 to 2032. PUNE, MAHARASHTRA, INDIA, December 16, 2024 /⁨EINPresswire.com⁩/ -- HTF MI recently …

Distribution channels: Amusement, Gaming & Casino ...
Published on December 19, 2024 - 15:12 GMT

EBC Financial Group Hosts LATAM Traders’ Exchange to Support Financial Literacy and Growth in Latin America

EBC hosts its LATAM Traders' Exchange event in Bogotá and Medellín, Colombia, empowering traders with insights to thrive in LATAM's financial market. COLOMBIA, December 19, 2024 /⁨EINPresswire.com⁩/ -- In response to Latin America’s …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 19, 2024 - 15:11 GMT

EBC Financial Group Hosts LATAM Traders’ Exchange to Support Financial Literacy and Growth in Latin America

EBC hosts its LATAM Traders' Exchange event in Bogotá and Medellín, Colombia, empowering traders with insights to thrive in LATAM's financial market. COLOMBIA, December 19, 2024 /⁨EINPresswire.com⁩/ -- In response to Latin America’s …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...

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Published on December 20, 2024 - 22:57 GMT

International Non-profits call for mandatory device-based age verification

The International Centre for Missing and Exploited Children is committed to advancing child protection and safeguarding vulnerable children around the world. ALEXANDRIA, VA, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- While the …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
Published on December 20, 2024 - 22:47 GMT

Early Reporting of 2025 Prescription Drug Price Changes

Prescription Drug Price Increases Range from 1.89% to 10.17% FAYETTEVILLE, NY, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- The beginning of the year is typically the busiest time for price increases in prescription drug products, and …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 20, 2024 - 21:03 GMT

Stunning 21-Acre Mountain Estate Near Park City, Utah to Auction via Concierge Auctions

The Estate is Set to Auction in Cooperation with Ravath Pok and Joan Pok of Realty ONE Group Signature NEW YORK, NY, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- A pristine mountain estate situated on 21 acres in Wanship, Utah, is …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 20, 2024 - 20:54 GMT

LIV Sotheby’s International Realty Announces Record-Breaking Sale in Crested Butte’s Skyland Neighborhood

CRESTED BUTTE, CO, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- LIV Sotheby’s International Realty (LIV SIR) proudly announces that the home at 662 Country Club Drive, represented by LIV SIR global real estate advisor Kate Somrak, has …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on December 20, 2024 - 20:45 GMT

Premier Music Cruise FriendShip Now Offering Crypto Purchase Option with Solana via Helio

Sail From Miami To Belize February 21-26, 2025 With Music From Disclosure (DJ Set), DJ Pee .Wee (Anderson .Paak), Duck Sauce (A-Trak & Armand Van Helden) & More LOS ANGELES, CA, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Amusement, Gaming & Casino, Banking, Finance & Investment Industry ...
Published on December 20, 2024 - 19:44 GMT

Impressico Business Solutions Expands Global Reach with Advanced Data Engineering Services

ATLANTA, GA, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- Impressico Business Solutions, a leader in digital transformation consulting, proudly announces the expansion of its Data Engineering Services to Canada, the UK, and the USA. …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 20, 2024 - 19:13 GMT

Sotheby’s Concierge Auctions Announces Lineup for Inaugural Live Auction with RM Sotheby’s During Arizona Car Week

For the first time ever, real estate will be offered live alongside rare and collectible automobiles as part of RM Sotheby’s 27th annual car auction. NEW YORK, NY, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- Sotheby’s Concierge …

Distribution channels: Automotive Industry, Banking, Finance & Investment Industry ...
Published on December 20, 2024 - 17:54 GMT

SnapBooks: Virtual Accountants Making Financial Management Seamless for Small Businesses

Small business owners across the nation are embracing the future of financial management with SnapBooks, a trusted provider of virtual accounting services. SALEM, MA, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- Small business owners …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 20, 2024 - 17:36 GMT

Over A Decade of Giving Back: How Withum Week of Caring Has Grown From Local to Global Impact

Firm’s Reach focuses on Local, Regional, National & International Community Organizations PRINCETON, NJ, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- What began in 2011 as a small-scale, New Jersey-based initiative has since grown …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on December 20, 2024 - 17:32 GMT

J Telemarketing Expands Healthcare Services with the Launch of Med Alert Campaign in the US

J Telemarketing, led by CEO Haider Janjua, launches the Med Alert Campaign in the US, enhancing healthcare safety and emergency response. WEST PALM BEACH, FL, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- J Telemarketing, a leading name …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 20, 2024 - 17:30 GMT

New Workbook Simplifies The Stress Of Downsizing For Seniors And Families

The Stress-Free Home Downsizing Workbook makes downsizing easier for seniors and their families. LINCOLN, NE, NE, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- Downsizing a home is often one of the most significant and challenging …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on December 20, 2024 - 17:11 GMT

MyPerfectMortgage Unveils Comprehensive List of USDA Construction Loan Lenders for Aspiring Homebuilders

MyPerfectMortgage has released an updated list of USDA-approved construction lenders to help aspiring homebuilders in securing financing for home construction. ODENTON, MD, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- MyPerfectMortgage …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 20, 2024 - 17:05 GMT

Stratos Forge Consulting Celebrates Launch of www.StratosForgeConsulting.com

Visionary Leader Omar Ali Introduces a Bold Approach to Strategic Consulting, Redefining Success for Modern Businesses ATLANTA, GA, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- The launch of Stratos Forge Consulting marked a new era in …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on December 20, 2024 - 17:04 GMT

RESTIV Announces Suzie Smibert as Chief Operating Officer Ushering in a New Chapter of Operational Excellence

RESTIV names co-founder Suzie Smibert as COO, highlighting her leadership to drive operational excellence and innovation reshaping the cybersecurity landscape. CALGARY, ALBERTA, CANADA, December 20, 2024 /⁨EINPresswire.com⁩/ -- RESTIV, the …

Distribution channels: Banking, Finance & Investment Industry, Energy Industry ...
Published on December 20, 2024 - 17:00 GMT

MortgageSearchGo.com Unveils New Mortgage & Protection Advisors Directory

PENARTH, WALES, December 20, 2024 /⁨EINPresswire.com⁩/ -- MortgageSearchGo.com has launched a new directory to assist individuals in finding local mortgage and protection advisors throughout the UK. The directory is designed to help users locate …

Distribution channels: Banking, Finance & Investment Industry, Insurance Industry ...
Published on December 20, 2024 - 16:41 GMT

G8Auctions Presents "One of a Kind Art" Auction: A Historic Collection of Masterpieces

G8Auctions Presents "One of a Kind Art" Auction: A Historic Collection of Masterpieces ROCHELLE PARK , NJ, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- G8Auctions and One of a Kind Coins is thrilled to announce its upcoming …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 20, 2024 - 16:36 GMT

Dole Food Company U.S. Headquarters to Relocate to One South in Uptown Charlotte

HNTB also renews lease, adding to increased office activity at Trade & Tryon CHARLOTTE, NC, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- CHARLOTTE, N.C. (Dec. 20, 2024) – One South ownership is pleased to announce a major update to …

Distribution channels: Banking, Finance & Investment Industry, Building & Construction Industry ...
Published on December 20, 2024 - 16:11 GMT

Victory Tax Lawyers Lead the Nation in Tax Debt Relief Services, Saving Clients Over $72 Million

Helping taxpayers nationwide resolve IRS tax debt, audits, and liens with proven strategies, saving over $72 million and counting. LOS ANGELES, CA, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- Victory Tax Lawyers, LLP, a premier tax …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 20, 2024 - 16:00 GMT

VI Named 2024 Top Workplace

Honored for Outstanding Workplace Culture for the Third Consecutive Year OKLAHOMA CITY, OK, UNITED STATES, December 20, 2024 /⁨EINPresswire.com⁩/ -- VI Marketing and Branding (VI) is proud to announce its recognition as one of The Oklahoman’s Top …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 20, 2024 - 16:00 GMT

Zypto Expands 'Pay Bills with Crypto' to India, Pakistan, Philippines & LatAm

Zypto expands crypto bill pay to India, Pakistan, Philippines & more, empowering millions to pay everyday bills directly with digital currencies. ŁóDź, POLAND, December 20, 2024 /⁨EINPresswire.com⁩/ -- Zypto, the innovative online and mobile …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...