The rupee's sudden slide is affecting Indian corporate earnings, prompting companies to hedge their currency exposures. This ...
A few smaller companies have also announced currency-related losses, with more expected as the earnings season progresses ...
On Wednesday, the rupee pared its initial losses and settled for the day on a positive note, higher by 2 paise to close at 86.55 against the US dollar.
The Indian currency depreciated by 4 paise on Thursday morning as the US Federal Reserve (Fed) continued to keep rates on ...
The local unit settled on a positive note at 86.56 (provisional), registering a rise of 1 paisa over its previous close.
The Indian rupee closed nearly flat on Wednesday after facing pressure early in the session, which was countered by dollar ...
InterGlobe Aviation saw its foreign-exchange losses jump threefold to Rs 1,460 crore in the December quarter. Carmaker Maruti Suzuki also cited currency variations as a negative for margins.
The US Federal Reserve kept interest rates unchanged at 4.25 percent-4.5 percent in its latest policy decision.
The Indian rupee weakened on Wednesday on the back of strong dollar bids related to importers’ month-end payments, while a decline in the cost of hedging against the currency’s decline added to the ...
The Pakistani rupee (PKR) closed in green after 3 bearish sessions against the US Dollar (USD) today after opening trade at ...
AUD/USD holds the bounce above 0.6200 in Thursday's Asian trading. A broadly subdued US Dollar post-Fed decision and stong Australian export prices data underpin the pair. But the further upside ...