Currency

Code USD(Bid) INR(Bid) USD(Ask) INR(Ask)
USD 66.6500 66.6600
EUR 1.1226 74.8213 1.1232 74.8725
GBP 1.2964 86.4051 1.2967 86.4380
JPY 101.05 65.9379 101.08 65.9673
CHF 0.9695 68.6547 0.9708 68.7571
SGD 1.35811 49.0034 1.36011 49.0829
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USDINR closed at 66.6500 against its opening of 66.6900. USDINR in the interbank offshore market fell during European trades tracking spot on dollar selling by foreign banks. The dollar rebounded against its major rivals as traders covered their short-position taking advantage of a sharp fall dollar. On the economic data front, the number of people who applied for first-time US unemployment-insurance benefits fell by 8,000 to 252,000 in the week that ended Sep 17, marking 81 weeks that initial claims remained below the key 300,000 level, the longest streak since 1970. The Chicago Fed National Activity Index fell to negative 0.55 in Aug compared with revised 0.24 in July. A separate report showed that US home sales fell in August as a ......
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Asian shares held near 14-month highs on revived bets the Federal Reserve is settling into a phase of very gradual interest rate rises while Japanese bond yields fell after the Bank of Japan's new policy scheme.Bank of England policymaker Kristin Forbes said she did not see a case for a further interest rate cut to help Britain's economy after June's vote to leave the European Union.Japan's government must not rely solely on the Bank of Japan to boost economic growth and defeat deflation.Gold was little changed, but remained set for the biggest weekly gain in nearly two months after rising to a two-week high in the previous session.Oil prices eased, pulled down by a technical sell-off following two sessions of strong rises and on caution ahead of a gathering of OPEC ministers. ......
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