Currency Market

The overall valuation of the crypto market has tumbled by 4.63 percent in the last 24 hours. As of Monday, July 8, Bitcoin and Ether joined most altcoins on the loss-making side of the crypto charts. Solana, Avalanche, and Cardano have also recorded price dips alongside BTC and ETH.

The number of crypto ATM machines in Australia currently stands at the mark of 1,007. In the last four months, crypto market valuation rose close to the capitalisation of $3 trillion (roughly Rs. 2,50,00,650 crore). This bull run for the sector could be considered as a reason behind the rise in the number of crypto ATM machines globally.

Rupee's exchange-traded options went into a tizzy on Wednesday after brokers asked clients to submit proof of underlying exposure on their derivative contracts or unwind their existing positions, three market participants said.

India pushed back against the International Monetary Fund for saying the central bank's intervention in the foreign-exchange market was excessive, implying that the country was trying to influence the level of the rupee.

The initial public offering by Tata Technologies Ltd witnessed a remarkable response from the investor with a subscription of 69.4 times.

Equity benchmark indices declined in early trade on Monday after a day's breather amid continuous foreign fund outflows and sluggish trends in the global market.

Ferrari will be allowing people in the US to purchase its cars using cryptocurrencies. Bitcoin, Ether, and USD Coin are the cryptocurrencies that have been chosen by the Italian carmaker as acceptable crypto options. BitPay, an app that lets merchants accept crypto payments, has been chosen by Ferrari as its payment gateway that will convert crypto...

A traders' body has appealed to market associations, shopkeepers, traders, and factory owners across Delhi to not accept Rs 2,000 currency notes after September 29.

The Reserve Bank on Friday said that as much as 93 per cent of Rs 2000 currency notes that were in circulation on May 19 -- the day when the currency was withdrawn from circulation -- have been returned to banks.

Japan's Ministry of Finance warned of a fake account for its top currency diplomat Masato Kanda on social media X, formerly known as Twitter, as the market fears a currency intervention amid the yen's drop to a one-month-low. The account, under the name "Masato Kanda", appeared to have been created in March and made only four posts to date.

Benchmark equity indices continued their rally on Monday, with the BSE Sensex ending above the 65,000 mark for the first time ever, propelled by a rally in global equities and persistent foreign fund inflows.

Benchmark equity indices scaled fresh all-time closing highs on Friday, propelled by foreign fund inflows and a firm trend in the global markets.

Reserve Bank Governor Shaktikanta Das has said that within a month of the recall order, more than two-thirds of the Rs 2,000 currency notes have returned to the system.

The rupee depreciated by 4 paise to 82.67 against the US dollar in early trade on Tuesday, tracking a strong American currency against major rivals overseas.

The rupee depreciated 13 paise to 82.80 against the US dollar in early trade on Monday, after the central bank said it will withdraw the highest value currency note from circulation.

The overall valuation of the crypto market has tumbled by 4.63 percent in the last 24 hours. As of Monday, July 8, Bitcoin and Ether joined most altcoins on the loss-making side of the crypto charts. Solana, Avalanche, and Cardano have also recorded price dips alongside BTC and ETH.

The number of crypto ATM machines in Australia currently stands at the mark of 1,007. In the last four months, crypto market valuation rose close to the capitalisation of $3 trillion (roughly Rs. 2,50,00,650 crore). This bull run for the sector could be considered as a reason behind the rise in the number of crypto ATM machines globally.

Rupee's exchange-traded options went into a tizzy on Wednesday after brokers asked clients to submit proof of underlying exposure on their derivative contracts or unwind their existing positions, three market participants said.

India pushed back against the International Monetary Fund for saying the central bank's intervention in the foreign-exchange market was excessive, implying that the country was trying to influence the level of the rupee.

The initial public offering by Tata Technologies Ltd witnessed a remarkable response from the investor with a subscription of 69.4 times.

Equity benchmark indices declined in early trade on Monday after a day's breather amid continuous foreign fund outflows and sluggish trends in the global market.

Ferrari will be allowing people in the US to purchase its cars using cryptocurrencies. Bitcoin, Ether, and USD Coin are the cryptocurrencies that have been chosen by the Italian carmaker as acceptable crypto options. BitPay, an app that lets merchants accept crypto payments, has been chosen by Ferrari as its payment gateway that will convert crypto...

A traders' body has appealed to market associations, shopkeepers, traders, and factory owners across Delhi to not accept Rs 2,000 currency notes after September 29.

The Reserve Bank on Friday said that as much as 93 per cent of Rs 2000 currency notes that were in circulation on May 19 -- the day when the currency was withdrawn from circulation -- have been returned to banks.

Japan's Ministry of Finance warned of a fake account for its top currency diplomat Masato Kanda on social media X, formerly known as Twitter, as the market fears a currency intervention amid the yen's drop to a one-month-low. The account, under the name "Masato Kanda", appeared to have been created in March and made only four posts to date.

Benchmark equity indices continued their rally on Monday, with the BSE Sensex ending above the 65,000 mark for the first time ever, propelled by a rally in global equities and persistent foreign fund inflows.

Benchmark equity indices scaled fresh all-time closing highs on Friday, propelled by foreign fund inflows and a firm trend in the global markets.

Reserve Bank Governor Shaktikanta Das has said that within a month of the recall order, more than two-thirds of the Rs 2,000 currency notes have returned to the system.

The rupee depreciated by 4 paise to 82.67 against the US dollar in early trade on Tuesday, tracking a strong American currency against major rivals overseas.

The rupee depreciated 13 paise to 82.80 against the US dollar in early trade on Monday, after the central bank said it will withdraw the highest value currency note from circulation.