LONDON, May 1 (Reuters) – Oil prices dropped on Friday after Iran was reported to have sent a fresh proposal for U.S. negotiations, but prices remained on track for weekly gains, with Tehran still blocking the Strait of Hormuz and the U.S.
Mumbai, Feb 13 (PTI) The rupee climbed 14 paise to 86.81 against the US dollar in early trade on Thursday on the back of easing American currency and receding crude oil prices overseas. The local unit, which was under pressure due to
MUMBAI, Feb 12 (Reuters) – The RBI’s unexpected and decisive intervention in the foreign exchange markets over the past two days, worth as much as $11 billion by one estimate, has reduced the bearish bias on the currency. The Reserve Bank of
MUMBAI, Feb 11 (Reuters) – The Indian rupee rallied on Tuesday on the back of strong intervention by the RBI (Reserve Bank of India), which traders said could deter heavy speculative positioning against the currency in the near term. The rupee closed
New Delhi, Feb 11 (PTI) Snapping the seven-day winning run, gold prices declined by Rs 200 to Rs 88,300 per 10 grams in the national capital following selling by stockists amid a bearish trend in global markets. Gold of 99.5 per cent