Page 5 - Uae Dirham News Today

Forex traders say muted Indian equities and foreign fund outflows weighed on the rupee and restricted the appreciation bias

The yellow metal has been trading in a relatively narrow range as investors look to gauge the pace of rate hikes by the US Federal Reserve

The Indian rupee declined 24 paise to 82.09 against the US dollar (22.36 versus the UAE dirham) in early trade on Tuesday as heavy selling pressure in Indi..

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.27 per cent to 105.66

The dollar index, which gauges the greenback’s strength against a basket of six currencies, slipped 0.38 per cent to 106.28

However, lower crude prices in the international market and fresh foreign fund inflows restrict the rupee’s fall, forex dealers say

Question: I have substantial savings in my bank account in India. Is there a limit to the amount I can transfer to the UAE? Please advise about any rules i..

The dollar index, which gauges the greenback's strength against six currencies, fell 0.41 per cent to 105.63, post weak US data and dovish Fed minutes

Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, fell 0.24 per cent to 107.57

It depreciated 66 paise to 81.57 against the US dollar, tracking the strength of the American currency and a muted trend in Indian equities