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Rupee falls 5 paise to close at 83.26 against US dollar on FII outflows

Forex traders said the rupee is expected to witness range-bound trade, as investors resorted to dollar buying on account of demand from FPIs, oil and External Commercial borrowing (ECB) redemptions.

Praveen-singh , Us-federal-bank , External-commercial , Fundamental-currencies , Rupee , Upee-falls-5-paise , S-dollar , Orex , Upee-falls-5-paise-to-close-at-83-26-against-us-dollar , Oreign-institutional-investors , Usiness-news , Ndian-express

Rupee Falls 5 Paise To Close At 83.26 Against US Dollar On FII Outflows

Rupee Falls 5 Paise To Close At 83.26 Against US Dollar On FII Outflows
freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.

United-states , American , Praveen-singh , Us-federal-bank , External-commercial , Fundamental-currencies ,

Rupee falls 5 paise to close at 83.26 against U.S. dollar on FII outflows

Rupee falls 5 paise to close at 83.26 against U.S. dollar on FII outflows
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United-states , American , Praveen-singh , Us-federal-bank , External-commercial , Fundamental-currencies ,

Rupee falls 5 paise to close at 83.26 against US dollar on FII outflows

The rupee settled lower by 5 paise at 83.26 (provisional) against the US dollar in a range-bound trade on Tuesday, tracking a strong American currency overseas and sustained foreign fund outflows.

Forex traders said a negative trend in domestic equities also weighed on the local unit while a

United-states , American , Praveen-singh , Us-federal-bank , External-commercial , Fundamental-currencies ,

Gov't not planning another DDEP with pension funds – Ofori-Atta

The Minister of Finance, Ken Ofori-Atta has debunked reports that the government is planning a second round of Domestic Debt Exchange Programme (DDEP) with pension funds.

Ghana , United-states , Washington , Ghanaian , Ken-ofori-atta , International-bondholders , Domestic-debt-exchange-programme , Finance-minister , Ghanaian-journalists , Organised-labour-associations , Pension-funds

Nifty strikes record high; breadth strong

Read more about Nifty strikes record high; breadth strong on Business Standard. Key benchmark indices are trading firm in early trade on buying demand in index pivotals. At 9:25 IST, the barometer index, the S&P BSE Sensex, was up 306.38 points or 0.59% at 52,155.86. The Nifty 50 index was up 91.55 points or 0.59% at

China , Australia , Philadelphia , Pennsylvania , United-states , Chinese , Patrick-harker , Joe-biden , Wipro , Ibm , Reliance-industries , Tata-power-company

RIL, Wipro, Tata Power in focus


Reliance Industries (RIL)'s latest annual report released on Wednesday showed that the company has pre-paid $7.8 billion of long-term foreign currency debt during FY21. Further, it has submitted a proposal for the application of Niclosamide as a potential drug against Covid-19.
RIL now has a strong balance sheet with high liquidity that will support growth plans for its three hyper-growth engines, Jio, Retail and Oil-to-Chemicals. Process of separating oil-to-chemicals businesses into a subsidiary is expected to be completed in 2021, RIL said.
Wipro and Finastra, the largest pure-play software vendor that serves the entire financial services industry, announced a partnership to help corporate banks across AsiaPacific accelerate their digital transformation.

Wipro , Ibm , Reliance-industries , Tata-power-company , Power-company , Tata-power-solar , Corporate-bonds , External-commercial , Capital-market , Bse-sensex , Ifty-50

Board of CIAN Agro Industries & Infrastructure approves raising up to USD 30 mn via ECB

Board of CIAN Agro Industries & Infrastructure approves raising up to USD 30 mn via ECB
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Agro-industries-infrastructure , External-commercial , Thirty-million-dollars , Loan-agreement , Capital-market , வெளிப்புறம்-வணிகரீதியானது , முப்பது-மில்லியன்-டாலர்கள் , மூலதனம்-சந்தை ,

External Commercial Borrowings: A Brief Analysis Of The New Framework

External Commercial Borrowings: A Brief Analysis Of The New Framework
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India , Foreign-exchange-management-borrowing-lending-regulations , Holding-companies , Software-development-industry , Lending-in-foreign-exchange-regulations , Financial-action-task-force , Corporate-companies , Exchange-rate-risk , Liability-partnerships , Foreign-exchange-management-borrowing , Oil-marketing-companies