Forex kitty rises $5.98 billion to $578.78 billion
MUMBAI: The Reserve Bank of India reported on Friday that India’s foreign exchange reserves increased by $5.977 billion to $578.778…
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India unveils ‘dynamic’ foreign trade policy, eyes $2 trillion exports by 2030
NEW DELHI: India released a “dynamic and responsive” foreign trade strategy on Friday with the aim of increasing exports to…
Rupee rises by 24 paise to 82.10 against US dollar on FII flows
Mumbai: Due to foreign money inflows and a decline in crude oil prices, the rupee strengthened by 24 paisa to…
Gold Price Forecast: XAU/USD faces hurdles near $1,960 as Fed Powell anticipates one more rate hike
In the Asian session, the gold price (XAU/USD) has hit a wall near $1,960. The precious metal’s auction price has…
USD/INR Price News: Oscillates above 82.20 as US PCE Price Index hogs limelight
During the Asian session, the USD/INR pair is moving sideways in a narrow range above 82.20. The asset got off…
Timeline: How the 2023 banking crisis unfolded
As two US lenders failed, Credit Suisse in Switzerland requested a government lifeline, and America’s top banks agreed to give…
Fed’s Kashkari: Banking stress brings US closer to recession
WASHINGTON: Neel Kashkari, president of the Minneapolis Fed, said in remarks to the CBS broadcast Face the Nation on Sunday…
First Citizens buys Silicon Valley Bank
First Citizens BancShares Inc. has agreed to purchase Silicon Valley Bank, which was taken over by authorities after a run…
AUD/USD Price Analysis: Rising wedge confirmation teases bears below 0.6680 previous support
After a turbulent week, buyers of the AUD/USD struggle to maintain control around 0.6650 during Monday’s lacklustre trading session. The…
Gold Price Forecast: XAU/USD back under pressure as markets correct its rate cut expectations – Commerzbank
After the Fed meeting, gold’s price went back up to $2,000. Economists at Commerzbank think that the price of gold…