Commerzbank economists led by Dr. Marco Wagner and Dr. Jörg Krämer expect the European Central Bank (ECB) to leave rates unchanged in July but still deliver a…

The rupee gained 14 paise to 96.28 against the US dollar in early trade on Friday buoyed by positive sentiments at the domestic equity markets.However, heavy FII…

Asian stock markets face a sharp sell-off on the last trading day of the week, tracking seeking negative cues from United States (US) equity markets. US technology…

The dollar held steady on Friday but was poised for a weekly decline as a softer-than-expected U.S. inflation report this week led traders to cut bets on…

Mumbai: The Indian rupee ended modestly weaker on Thursday, even as oil prices continued to hover in the $85 per dollar range and the dollar index fell…

Iran has asked Yemen’s Houthi militia to stand ready to close the Red Sea oil route if the United States (US) strikes Iranian power infrastructure, posing a…

Mumbai: The country’s largest lender by assets, State Bank of India (SBI), mobilised about $1.9 billion in foreign-currency resources under the central bank’s special incentive scheme, people…

The Pound Sterling trims some of its Wednesday gains versus the US Dollar, down by over 0.48% following solid US data. The sell-off comes amid risk aversion…