EforexIndia's Live Currency Converter

Live Forwards

IndiaFX and GlobalFX


The Rupee closed stable on Wednesday as the dollar index fell on Tuesday after data showed that labour costs in the US increased less-than-expected for the quarter ended December. Along with the Indian government's fiscal stance, traders will watch out for any incentives to attract foreign investments. Elsewhere, analysts largely expect the Fed to raise the interest rate by 25 basis points at the conclusion of its two-day policy meeting. Analysts will also closely monitor comments from Fed Chairman Jerome Powell for any indications on the Fed's monetary policy path moving forward. Further, Bank of England and European Central Bank will announce their policy decisions on Thursday. Both are expected to hike rates by 50 basis points.......


Asian indices were mixed in early trade today ahead of a slew of central bank meetings, due this week. There are growing expectations that interest rates in the US and Europe will rise again. Investors are also keenly focused on the US jobs data, due on Friday, which may influence the central bank's course of rate actions going ahead. Market participants are pricing in a 25-basis-point rate hike by the US Federal Reserve on Wednesday, followed by a half-point rate hike from Bank of England and European Central Bank on Thursday. Investors are also watching out for the earnings results of big technology companies, expected this week, in Asia and the US.......

Live Marquees


Adani investors rally to $2.5 billion share sale

India sees GDP growth slowing on global weakness

Indian shares edge up ahead of budget; Adani stocks rise

Reliance stops local petcoke sales, boosts imports

Jindal Steel posts Q3 profit drop as export tax bites

Russia recommends investors convert FX bonds amid asset freeze

RiIndia's April-Dec fiscal deficit touches 60% of full-year target