Money market

Last Updated: June 09, 2023, 01:48 ISTNew York, United States of America (USA)Spot gold rose 1.2% to $1,962.49 per ounce by 01:42 p.m. EDT (1742 GMT). U.S. gold futures settled up 1% at $1,978.60. (Reuters File Photo) Spot gold rose 1.2% to…

The dollar strengthened on Wednesday, lifted by rising Treasury yields, though the pound gained against the greenback after British inflation stayed above 10 percent in March and put more pressure on the Bank of England to keep raising…

Banks have ceded the unified payments interface space to non-banks, Reserve Bank of India deputy governor T Rabi Sankar has said. Sankar also said the RBI was considering more use cases for the expansion of the central bank digital currency…

At the interbank foreign exchange, the rupee opened at 82.68 against the greenback, then slipped further to 82.69, registering a fall of 39 paise over its previous close At the interbank foreign exchange, the rupee opened at 82.68 against…

Elsewhere in Asia, markets in Seoul, Tokyo, Shanghai and Hong Kong were trading lower. Elsewhere in Asia, markets in Seoul, Tokyo, Shanghai and Hong Kong were trading lower. The rupee depreciated 44 paise and slipped below the 81-mark…

At the interbank foreign exchange, the rupee opened at 74.71 against the U.S. dollar At the interbank foreign exchange, the rupee opened at 74.71 against the U.S. dollar The rupee declined 24 paise to 74.79 against the U.S. dollar in…