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India Wednesday 25 November 2009 -
:: Australian Dollar: The Australian Dollar opens lower today against the greenback at 0.9202. The risk appetite that buoyed the Aussie on Monday night evaporated yesterday after news emerged from China that it’s...
India Wednesday 25 November 2009: The US dollar is expected to remain the carry trade currency of choice in the near term and the unwinding of this carry trade is unlikely to
be as severe as that of the yen carry trade seen in the early 2008, say...
India Wednesday 25 November 2009: The Indian rupee rose on Wednesday morning, supported by a weaker dollar overseas and traders said they would await the opening of local shares for cues on capital flows.
At 9:01 a.m., the partially convertible rupee...
India Wednesday 25 November 2009: After purchasing 200 tonne gold from IMF, India has now the highest gold reserves as a percentage of total forex reserves, among the Bric nations. India has $17.5-billion worth gold reserves, which is 6.66% of its...
India Wednesday 25 November 2009 : Following are the indicative currency notes and travellers’ cheques buying and selling rates per unit as given by Thomas Cook India here today.
(Figures in Rupees) ——————— Currencies Buy Sell US Dollar 43.60 48.75...