-- Chile is tapping international debt markets with sales of dollar and euro-denominated bonds, joining nations from Mexico to Hungary in what is shaping out to be a busy week for issuance. The South American country is offering 1.7 billion euros of seven-year social notes in a deal that may price Tuesday. New Notes Chile is selling the euro-denominated bonds …
Amid a strong American currency overseas, the rupee depreciated 3 paise to revisit the all-time closing low of 83.40 against the US dollar on Wednesday. According to Forex traders, a steep fall in crude oil prices from USD 76 per barrel to the below USD 73 level provided support, but a muted trend in equity markets triggered negative bias against …
The Indian rupee ended 5 paise lower against the US dollar on Tuesday, snapping a three-day winning streak. The Reserve Bank of India is likely to have bought dollars and conducted sell/buy swaps via public sector banks after the rupee reached a more-than-two-month high of 81.6750 in the session, three traders told Reuters. "Even otherwise, factors like robust equity inflows, …
