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The reason given for this crash was given as a ripple effect due to fears over a slowdown in China, as the Yuan had been devalued two weeks ago leading to a fall in the currency rates of other currencies and the rapid selling of stocks in China and India. The Shanghai stock exchange too fell by 8.5%.
This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence in sterling in 1947.
Currency distribution of global foreign exchange market turnover [1. Currency ISO 4217 code Symbol or ... Indian rupee: INR ...
Shares of Bloom Energy (NYSE: BE) plunged today, crashing as much as 28.6% through noon ET Monday. Ironically, an analyst just upgraded the green hydrogen stock with a price target that would mean ...
Intel just served up a wave of very bad news for investors.
Enphase stock is down over 30% this year. Is the stock a buy right now?
Officially, the Indian rupee has a market-determined exchange rate. However, the Reserve Bank of India trades actively in the USD/INR currency market to impact effective exchange rates. Thus, the currency regime in place for the Indian rupee with respect to the US dollar is a de facto controlled exchange rate.
Next-generation database software provider Couchbase (NASDAQ: BASE) delivered a solid earnings report after the close of trading Tuesday, but offered somewhat disappointing guidance. Couchbase's ...