Tag: crypto market

RBI purchases $9.6 bn in September to curb rupee’s appreciation amid strong foreign investment inflows

EconomyNovember 21, 2024

Mumbai: The Reserve Bank of India net purchased $9.6 billion in September, its highest monthly purchase in six months, as the central bank absorbed dollar inflows into local stocks and bonds and curbed the rupee...

Rupee hits a new low at 84.50 against US dollar

BusinessNovember 21, 2024

The rupee fell by 8 paise on Thursday to settle at an all-time low of 84.50 against the US dollar, primarily due to a massive sell-off in domestic equity markets, ongoing foreign investment...

Cryptocurrency Prices on August 22: Bitcoin rises above $60,700 on US rate-cut bets; Ethereum gains

CryptoAugust 22, 2024

Blue-chip cryptocurrencies Bitcoin and Ethereum surged Thursday as Federal Reserve minutes suggested that U.S. interest rate cuts may commence within weeks.The minutes validated...