Tag: foreign exchange

In Graphics: Post-dated clearing of cheques is history

Economy
The Reserve Bank of India’s new real-time cheque clearance system, aimed at improving ef ciency, is facing glitches, with some customers complaining about delays. ET takes a look back at how cheques have evolved over...

Currency watch: Rupee rises 7 paise to 88.72 against dollar; domestic markets and crude oil support gains

Business
The rupee strengthened by 7 paise to close at 88.72 against the US dollar on Friday, buoyed by positive domestic market trends and a broad decline in crude oil prices, PTI reported. Forex...

T Rabi Sankar gets second extension

Economy
Reserve Bank of India (RBI) deputy governor, T Rabi Sankar has been given a second one year extension effective from May 3 after...

Rising dollar pressures earnings as companies from Amazon to McDonald’s signal more pain ahead

Market
The US dollar (DX=F, DX-Y.NYB) has surged over the past six months — and its rapid rise has impacted...

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