Uae Dirham News Today

Russian Crude Oil: State refiners account for two-thirds of Russian imports. State refiners are taking Russian oil almost entirely from non-Russian entities to extract better discounts and avoid payment troubles, said the people.

Discounts on Russian oil imported by India have increased to $8-10 per barrel as state refiners put pressure on suppliers and reduced their intake from Russia. This has led to an increase in Russian oils share in Indias overall crude imports to 38% in September. State-run refiners have seen a surge in imports after a decline in August, with most purchases being made in the spot market. Despite buying at higher rates than the G7 price cap of $60 per barrel, Indian refiners can still afford to pay...

The offshore Chinese yuan dropped to 7.2140 to the dollar, headed for its fourth straight day of declines, on persistent pessimism regarding the Chinese economy

Over the last two weeks, the RBI has been regularly buying dollars via public sector banks, according to market participants

Asian shares and currencies rose, while the dollar index slipped below 100 to a fresh 15-month low as expectations of the Federal Reserve pausing interest rate hikes...

The Indian rupee depreciated 20 paise to 82.45 against the US dollar (22.45 versus the UAE dirham) in early trade on Thursday, weighed down by strength of ..

The rupee was trading in a narrow range as market participants were vigilant ahead of the RBI's monetary policy later this week

First shipment of more than 90 containers carrying excellent quality, fully ripened Sindhri and Almas varieties reached Emirates by sea

The Indian rupee depreciated 10 paise to 82.35 against the US dollar (22.43 versus the UAE dirham) in early trade on Wednesday, weighed down by the strengt..

The Indian rupee declined 2 paise to 81.96 against the US dollar (22.33 versus the UAE dirham) in early trade on Thursday amid weak sentiments in the Asian..