Indian Rupee advances on restrictions on gold imports

Note: This section contains information in English only.
Source: Bloomberg
The Rupee climbed after the central bank came up with new restrictions that prevents gold imports. The currency was up 0.1% to 59.6575 versus the greenback at 9:13 a.m. Mumbai time. In order to narrow current-account deficit, the bank said that 20% of imported gold has to be available for export. Due to the measures, gold-shortage might occur in the festival season when demand is high.
Back to articles

Actual Topics

Tue, 23 Jul 2013 14:36:05 GMT

Hungary cuts main rate to record low

Hungary's central bank decreased the main interest rate from 4.25% to 4.0%, a record low level. This was the 12th monthly cut. The Hungarian Forint depreciated 0.2% to 294.77 versus the Euro at 2:18 p.m. Budapest time. The currency advanced 1.7% in the previous three month. The yield on 10-year bonds dropped from 6.9% to 5.91% yesterday.

Tue, 23 Jul 2013 14:14:06 GMT

Canadian Dollar gains to one-month high as retail sales improve

The Canada's Dollar jumped to a record high, following retail sales report showed an improvement in May. The Canadian currency inched up 0.26% to C$1.0305 versus the greenback. Retail sales in Canada jumped 1.9% in May, following an increase of 0.1% in April, overshooting analysts expectations of a 0.4% advance.

Subscribe to "Fundamental Analysis" feed

Subscribe
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
For further information regarding potential cooperation,
please call us or make callback request.
Aby dowiedzieć się więcej o Opcjach Binarnych w Banku Dukascopy / platformach handlowych Forex, SWFX, oraz innych,
zadzwoń do nas lub pozostaw prośbę o oddzwonienie.
Aby dowiedzieć się więcej o handlu Forex/CFD na platformie Dukascopy Banku, rynku SWFX oraz innych rzeczy związanych z handlem,
zadzwoń do nas lub poproś o oddzwonienie.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.