The US Fed kept interest rates on hold, and its chairman looked content with the economy's soft landing
The US Fed kept interest rates on hold, and its chairman looked content with the economy's soft landing
Persistent foreign fund outflows weighed on the currency, forex traders say
Support from positive domestic equities was negated by elevated crude oil prices and a strong American currency overseas
Forex traders say this comes sustained foreign fund outflows and strength of the American currency in the overseas market weigh on investor sentiments
Some buying by foreign equity investors supported the currency even though it was pressured by a subdued sentiment in the domestic equity markets
Asian shares hit one-year lows as the risk of a wider conflict in the Middle East clouded market sentiment
US Federal Reserve officials once again signalled their preference for keeping interest rates high
Oil prices jumped in Asia with the Brent crude contract racing past $92 per barrel amidst the Israel-Palestine conflict
Expectations that India's central bank will sell dollars are 'deep-rooted' at present, says analyst
Three draws will be conducted to choose the winners next year in Dubai, Abu Dhabi and Sharjah