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Gold hits record, gets more precious as dollar loses value. (AFP Photo)

Gold soars to record high as dollar drops

The precious metal had stormed almost $40 higher at one point to reach $1,980 an ounce

28 July 2020 10:24 AM IST

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

Rupee slips 5 paise to 74.35 against US dollar in early trade

On Thursday, the rupee had closed at 74.30 against the US dollar

22 Nov 2021 11:55 AM IST

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

Rupee rises 16 paise to 74.36 against US dollar in early trade

The rupee opened strong at 74.36 against the dollar, a rise of 16 paise over its previous close

12 Nov 2021 12:45 PM IST

Gold hit an all-time high on Monday as tit-for-tat consulate closures in China and the United States rattled investors. (AFP Photo)

Gold tumbles Rs 264 to Rs 46,452; silver gains marginally

In the international market, gold was trading lower at USD 1,797 per ounce and silver was flat at USD 25.17 per ounce

22 July 2021 4:11 PM IST

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

Rupee gains 5 paise to close at 74.54 against US dollar

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.08 per...

15 July 2021 4:09 PM IST

If the United States reins in its deficit, China has much to lose. (AFP Photo)

Mohan Guruswamy | Global reserve currency is an urgent need for all

In the past few decades, the GWP has grown at a much faster rate

18 Aug 2021 12:49 AM IST

Rupee depreciated 31 paise to 76.10 against the US dollar in opening trade. (PTI Photo)

Rupee slumps 26 paise to close at 73.87 against US dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.02 per cent...

22 Sept 2021 4:11 PM IST

Far from being the competitors of the United States, China and India are still its under-economies, serving it with cheap labour working on repetitive jobs and repetitive number crunching. (Representational Image)

Mohan Guruswamy | What is the prescription for America's many ills?

The problem with the US is, it lives far beyond its means and its profligacy has left it as a debtor, unable to pay its...

27 Dec 2022 12:00 AM IST

The central banks decision to lower its forecast for the countrys economic growth from seven per cent to 6.8 per cent, citing global headwinds, shows that all is not well yet. (Photo: PTI)

AA Edit | Promising signs in economy

The RBI governor's post-policy meeting comments hint that the central government remains focused on inflation

10 Dec 2022 12:15 AM IST

This is the second time that PM Modi will be chairing the BRICS Summit, the first being the Goa Summit in 2016. (PTI)

Padma Rao Sundarji | New currency for Brics: How feasible will it be?

Brics, whose joint share in worldwide GDP overtook even that of the G-7 in 2020, isn't the first entity to come up with...

12 April 2023 12:00 AM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

Venezuela seeks trade with Indian currency

It may be recalled that New Delhi had recently allowed investment in Indian Rupees in Iran.

13 March 2018 12:57 AM IST

Visiting Venezuelan Foreign Minister Jorge Arreaza said in New Delhi on Monday that Venezuela wants trade with India in oil and other commodities such as food and medicines to be conducted in Indian Rupees and not in US Dollars. (Representational image)

RBI sets rupee reference rate at 67.4526 against dollar

The exchange rates for the pound and the yen against the rupee were 89.7929 and 62.04 per 100 yens, respectively.

31 May 2018 2:05 PM IST