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The Reserve Bank of India on Monday fixed the reference rate of the rupee at 64.9287 against the US dollar and 79.6870 for the euro.

Dollar swaps can lower top 500 cos' interest burden by Rs 7000 crore

RBI had on March 26 conducted first of forex swap auctions raising USD 5 billion promising to pay back in rupees in...

16 April 2019 4:28 PM IST

Indias forex reserves have shot up considerably.

Forex reserves hit new high of USD 427.67 billion

In the previous reporting week, the reserves had surged by USD 4.215 billion to USD 426.42 billion.

5 July 2019 7:45 PM IST

Rahul Gandhi slams government over reports of Ukraine kickbacks

The moment the request came from the Ukrainian government it should have been put out in the public space,â€ he said.

1 Jun 2018 2:26 AM IST

European oil firms jumped more than two per cent on the oil surge and helped the pan-regional STOXX50 index add 0.2 per cent, having just had its best week in exactly five years.

Higher costs forced Saudis to accept oil supply cut

Riyadh realised it required huge capital spending to extract more oil.

16 Dec 2016 6:17 AM IST