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India is seeing a sharp rise in portfolio inflows as investors in slow-growing developed markets look for higher returns in buoyant Asia. The inflows have sent the rupee to a 25-month high against th
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The Indian rupee depreciated by 6 paise to Rs 44.42 a dollar in the opening trade on Tuesday, weighed down by dollar s gain against other Asian currencies. However, continued capital inflows by forei
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SINGAPORE (Reuters) - Oil fell on Tuesday, retracing part of the previous session's gain, as investors reversed bets in the face of a stronger dollar and forecasts for rising crude inventories in top
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PALO ALTO, Calif./WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner vowed on Monday that the United States would not devalue the dollar for export advantage, saying no country could wea
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The rupee was expected to appreciate considerably on Monday with the initial public offering (IPO) of Coal India hitting the market and foreign institutional investors expected to subscribe in large
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The Reserve Bank of India (RBI) could intervene in the foreign exchange market to arrest the appreciation of rupee which affects exporters and raises macro economic challenges. According to a finance
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NEW YORK (Reuters) - Wall Street rebounded on Monday after an upbeat earnings report from Citigroup, while the U.S. dollar rose for a second session as investors dialled back expectations for aggress
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LONDON (Reuters) - Gold slipped below $1,360 an ounce in Europe on Monday as the dollar bounced back from its recent hefty losses, with market watchers worried that expected U.S. monetary easing had
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