Chinese yuan strengthens

Central parity rate of the Chinese currency yuan, strengthened by 3 basis points to 6.3966 against the US dollar. Reuters. The People’s Bank of China reformed the exchange rate formation system on Au...

Rupee falls for fourth day, eases 2 paise

The rupee continued its weakening trend for the fourth straight session by losing another two paise to 63.64 per dollar in a range-bound trade on month-end demand for the American currency from impor...

Rupee hits new low; ends 10 paise down

Extending its losses for the third straight day, the rupee on Thursday hit a fresh 20-month low of 64.26 intra-day against the American currency but a fag-end recovery saw it regaining some lost grou...