Dollar Index Made Triple Bottom @96.70, If Hold Below Big Correction Ahead? Think USD/INR, Gold CME And MCX Gold Will Go

Last Updated On November 16, 2018 6:07 PM by Neal Bhai

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Rupee, Bonds Gain as Crude Oil Prices Ease

Last Updated On September 24, 2025 5:38 AM by Neal Bhai

Indian Rupee Hits Record Low As Dollar Index Surges

Gold Silver Reports (GSR)— This prompted FIIs to buy nearly $1.26 billion in domestic debt over the last nine trading sessions (between 24 October and 5 November). So far this year, FIIs have offloaded $7.76 billion in domestic bonds.

Rupee Slump to Push India to Seek Yuan Trade Settlement

Last Updated On October 29, 2018 3:50 PM by Neal Bhai

The plan would enable direct convertibility between the rupee and yuan and will help cut transaction and hedging costs, the people said, asking not to be identified citing rules. The proposal would allow Indian exports of pharmaceuticals, oilseeds and sugar to China to be settled in rupee, while keeping out trade in high volume products such as electronics, they said.

Watch Dax Index Low @11240, I Told You Sell Below 11350 Enjoy Or Not – Neal Bhai Reports

Last Updated On October 23, 2018 2:41 PM by Neal Bhai

Watch Dax Index Low @11240, I Told You Sell Below 11350 Enjoy Or Not – Neal Bhai Reports Dax Index Call : – Dax Index Below 11350 …

Yen Exerts Safe-Haven Pulling Power Amid Brexit, Italian Budget Worries

Last Updated On October 23, 2018 1:29 PM by Neal Bhai

The Japanese yen, a safe haven in uncertain times, firmed against the dollar on Tuesday, as the euro and sterling suffered due to doubts over Italy’s budget spending and over British Prime Minister Theresa May’s future with Brexit talks stalled.

Orderly Rupee Depreciation To Increase Competitiveness, Says World Bank Official

Last Updated On October 11, 2018 3:43 PM by Neal Bhai

An orderly depreciation of the rupee would increase competitiveness and relieve some of the pressures in capital market, according to a top World Bank official, who described it as a “positive development” if done in the right way.

Goldman Can’t Rule Out U.S. Naming China a Currency Manipulator

Last Updated On October 10, 2018 10:21 PM by Neal Bhai

Though China doesn’t meet the three official criteria, the Treasury Department could still accuse the Asian nation if it found that China was manipulating the yuan for trade purposes, Goldman notes. While not the bank’s base case, given that currency matters have played a “central role” in the U.S.-China trade standoff, a formal declaration isn’t unfathomable.