Euro

The Euro has been depreciating against the USD, starting the year at 1.2 USD to Euro to around parity now - a level last seen around 2 decades ago. The question now: Where is the European economy and the Euro headed from hereon? First,…

The European Central Bank raised its interest rates for the first time since 2011 on Thursday and unveiled a new bond-buying programme to keep borrowing costs in check for the euro zone's most indebted countries. The ECB raised its…

NEW DELHI: Chief Economic Advisor (CEA) V Anantha Nageswaran on Wednesday said that the depreciation of the rupee against the US dollar has been lower than other major global currencies such as the Euro, the British pound and the…

Economic Affairs Secretary Ajay Seth on Tuesday said that the rupee is managed well and there is nothing to be "overtly" worried about the depreciation in the domestic currency against the US dollar. The Indian currency, he said, has…

The Indian rupee has strengthened against major currencies such as the Euro, British pound and Japanese yen though it has weakened against the US dollar, Minister of State for Finance Pankaj Chaudhary said on Tuesday. "Global factors…

LONDON: The euro's plunge against the dollar, triggered by the Ukraine war and mounting risks to the EU economy, has driven the two currencies to parity for the first time in two decades. The European single currency sank to $0.9952 on…

The euro dropped below parity against the dollar on Wednesday for the first time in almost two decades, as a hawkish U.S. Federal Reserve and growing concern about rising recession risks in the euro area continued to batter the currency.…

Mumbai: The Reserve Bank of India (RBI) has enabled exports and imports to be denominated in rupees. This will internationalise the rupee which, in turn, will reduce foreign currency risks for traders and help navigate payment hurdles in…

Workers demand unpaid wages in Rieti, Italy, in April 2022.SynopsisEurope is staring at a lost decade. While the Russia-Ukraine war has resulted in higher food and fuel prices, the delay in labour-market reforms is hampering job…

Concept by Muhabit ul haqSynopsisOn June 13, the rupee fell below 78.29 to a dollar — a fresh all-time low. The INR78-level breach indicates more pain ahead. Better forex reserves and rising tax collections may provide a cushion. But all…