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China to start direct yuan trade with British pound

Last Updated: Wednesday, June 18, 2014, 18:09

China will start direct trade between its yuan currency and Britain`s pound on Thursday, the country`s foreign exchange trade platform said, in another step on its push to internationalise the unit.

Dollar drops after disappointing US jobs report

Last Updated: Saturday, January 11, 2014, 05:28

The dollar tumbled against other major currencies Friday, driven lower after a surprisingly weak US jobs report cast doubt on the vigor of the nation`s economic recovery.

Euro rallies after German central banker`s comments

Last Updated: Saturday, December 28, 2013, 07:11

The euro reached two-year highs against other major currencies on Friday after hawkish comments by a German central banker.

British pound slips below 100-level against Rupee

Last Updated: Wednesday, September 11, 2013, 19:34

Rupee had first slipped below 100 level against the pound for the first time on August 20 and had went on to touch an all time low of 106 on August 28.

Britain mulls issuing plastic currency notes

Last Updated: Wednesday, September 11, 2013, 15:17

Understandably, the plastic banknotes will be resistant to dirt and moisture, and are safe and more durable.

Rupee breaches new low of 103-level against Pound

Last Updated: Tuesday, August 27, 2013, 14:57

The rupee slipped below the 103-level to touch a new bottom of Rs 103.29 against the British pound Tuesday amid sharp plunge in equities and fresh investor concerns over foreign capital outflows.

Rupee hits new low Vs British pound; falls past 101-level

Last Updated: Wednesday, August 21, 2013, 16:08

The rupee has depreciated by about 22 percent against the pound in the past three months.

The fallacy of 'dollar = rupee' in 1947

Last Updated: Wednesday, August 21, 2013, 12:43

There are also enough indicators where a case can be made that we have not done as well as we should have.