A weak US dollar against leading world currencies and forex inflows aided the sentiment but recession fears after US jobless data weighed on the local unit
Posts tagged BL
Crude price up on fears of decline in Russian exports (23-12-2022)
Russia unable to fully redirect Ural exports from Europe to other markets
Baroda BNP Paribas Multi Asset NFO garners ₹1,235 crore (22-12-2022)
Baroda BNP Paribas Multi Asset NFO closed on December 12
Advent Intl makes counter offer of ₹467 for DFM Foods de-listing (22-12-2022)
Earlier, promoters had rejected the discovered price of ₹525 through reverse book-building
Solvent extractors expect mustard sowing to top 95 lakh hectares in rabi season (22-12-2022)
Adequate rainfall, sub-soil moisture boost oilseeds coverage
Rupee appreciates 8 paise to 82.76 against US dollar on rising risk sentiment (22-12-2022)
The dollar index, which gauges the greenback's strength against a basket of six currencies, dropped 0.32 per cent to 103.898
Suddenly everyone is hunting for alternatives to the US dollar (22-12-2022)
It’s not just sanctions helping to accelerate the de-dollarization trend. The US currency’s rampant gains have also made Asian officials more aggressive in their attempts at diversification.
Rupee rises by 10 paise against US dollar in early trade (22-12-2022)
Firm crude oil prices and forex outflows from capital markets, however, restricted the rupee’s gains
Crude oil prices gain as US inventories decline (22-12-2022)
Inventories with Washington dipped 5.9 million barrels last week
Railways coal loading averaged 497 rakes/day in FY23 so far (22-12-2022)
In Q1FY23, Railways faced difficulties in meeting power plants coal requirement due to early onset of summer.