The Indian Rupee Falling Against the US Dollar at the start of the early European trading session on Thursday. Higher USD, low sentiment on local equities, and steady capital flight are other factors that are pushing the factor. Company investors are eagerly waiting for comments from the US Federal for a new direction. God help INR,…
Due to a high degree of geopolitical risk, gold (XAU/USD) is still supported by safe-haven flows. Gold News Forecast, traded in the $2,720s on Friday, staying trapped in this week’s small range. Investors are gravitating toward safe-play commodities like gold due to the prolonged Middle East turmoil and growing uncertainty about the outcome of the…
India’s foreign exchange reserves, USDMIX, increased for the seventh consecutive week and touched $700 billion-plus for the first time due to a higher rise in values and dollar purchases by the central bank. In the week to September, the reserves increased by $12.6 billion, reaching $704.89 billion. New figures from the Reserve Bank of India…
