Page 68 - Us Fed News Today

Gold, silver prices on September 30: In the international market, gold prices were trading higher due to a weaker US dollar. The dollar index held near a one-week low touched on Thursday.

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Gold, silver prices on September 27: On Monday, the gold futures dipped by 0.8 per cent dip and were recorded at Rs 49,362. Silver futures however fell sharply to Rs 55,714 per kg, down about 1 per cent.

The MPC, headed by RBI Governor Shaktikanta Das, is scheduled to meet during September 28-30. The decision will be announced on Friday (September 30).

The US Fed is likely to continue with aggressive interest rate hikes for another year, prompting foreign investors to sell off Indian equities.

The peso plumbed unprecedented depths against the dollar. Although this will cause ordinary Filipinos much pain, there is hardly anything we can do about it.

The Indian rupee was hovering around 80 for quite some time but as the US Fed hiked its policy rate by another 75 basis points, the currency slipped further and is currently at an all-time low of over Rs 81.   

Sitharaman was in Pune to review a meeting of centrally sponsored schemes. The Indian rupee fell to an all-time low against the US dollar on Friday, breaching the 81 mark, as the greenback strengthened on the back of the Federal Reserve repo rate hike.

Gold, silver prices on Septmebr 24: On Friday, Gold futures dipped to a six-month low of Rs 49,250 per 10 gram painting a gloomy picture for traders. Silver futures were down at Rs 56,275 per kg.