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Indian rupee opens lower as Covid-19 cases rise

Indian rupee opens lower as Covid-19 cases rise Waheed Abbas/Dubai Indian currency loses sheen against dirham to dip at 20.4 The Indian rupee fell to 74.87 against the US dollar (20.4 versus dirham) on Monday morning due to an exponential spike in Covid-19 in the country and triggering panic selloffs in equity markets. (Check out the latest gold/forex rates in UAE) At the interbank forex market, the domestic unit opened at 74.80 against the US dollar, then fell further to 74.87, registering a fall of 52 paise over its previous close. The South Asian currency had closed at 74.35 against the greenback (20.25 vs Dh) on Friday.

Khaleej timesUnited arab emiratesArun leslie johnIndia ministry of health family welfare moBombay stock exchangeSouth asianCentury financialFamily welfareUae newsDubai newsIndian rupeeகாழீஜ் முறைஒன்றுபட்டது அரபு அமீரகங்கள்அருண் லெஸ்லி ஜான்இந்தியா அமைச்சகம் ஆஃப் ஆரோக்கியம் குடும்பம் நலன்புரி மோகுண்டு ஸ்டாக் பரிமாற்றம்

Indian rupee may fall to 20 6 vs dirham due to rising Covid cases

Indian rupee may fall to 20.6 vs dirham due to rising Covid cases Waheed Abbas/Dubai Photo: Reuters Pressure builds on the currency, despite a surge in India’s forex reserve. An alarming rise in Covid-19 cases will keep the Indian rupee under pressure this week against the US dollar and the dirham, despite a surge in the country’s foreign exchange (forex) reserve. The rupee ended last week at 74.5 versus greenback or 20.3 against dirham, registering gain for the first time in three weeks, driven by a surge in forex reserves and the broad-based weakness in the dollar. The Reserve Bank of India (RBI) s latest data for the week, ending on April 9, showed that forex reserves surged $4.34 billion to $581.21 billion.

Arun leslie johnFederal reserveReserve bankLeslie johnCentury financialAl lஅருண் லெஸ்லி ஜான்கூட்டாட்சியின் இருப்புஇருப்பு வங்கிலெஸ்லி ஜான்சிஇஎன்டியுவ்ஆர்ஒய் நிதி

Time to buy: Dubai gold prices set to rise further this week

Time to buy: Dubai gold prices set to rise further this week
khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.

United arab emiratesNaeem aslamArun leslie johnJewellery groupAlberto de casaஒன்றுபட்டது அரபு அமீரகங்கள்ந்ஈம் அஸ்லம்அருண் லெஸ்லி ஜான்அணிகலன்கள் குழுஆல்பர்டோ டி காசா

How to Save Money in UAE Despite Pay Cuts, Layoffs

How to Save Money in UAE Despite Pay Cuts, Layoffs Published January 19th, 2021 - 07:00 GMT A survey conducted by MyMoneySouq, an online aggregator of financial products and services, in the last quarter of 2020, highlights the experiences of over 440 individuals and families in the UAE. (Shutterstock) Highlights More than 80 per cent people said that their incomes were affected by the pandemic Last year with all its movement restrictions, health issues and advisories, pay cuts, and redundancies, in many cases, was difficult for many of us. The unusual nature of 2020 tested not only our mental and physical resilience but also our aptitude for managing money matters. How we fared as individuals and families is personal, yet there are lessons that can be learnt and remembered from each other’s experiences.

United arab emiratesArun leslie johnAmit mitbawkarLeslie johnChief market analystஒன்றுபட்டது அரபு அமீரகங்கள்அருண் லெஸ்லி ஜான்லெஸ்லி ஜான்தலைமை சந்தை ஆய்வாளர்

Coronavirus UAE: How to boost savings amid pay cuts, job losses

Coronavirus UAE: How to boost savings amid pay cuts, job losses Photo: Alamy More than 80 per cent people said that their incomes were affected by the pandemic Last year with all its movement restrictions, health issues and advisories, pay cuts and redundancies, in many cases, was difficult for many of us. The unusual nature of 2020 tested not only our mental and physical resilience but also our aptitude for managing money matters. How we fared as individuals and families is personal, yet there are lessons that can be learnt and remembered from each other’s experiences. A survey conducted by MyMoneySouq, an online aggregator of financial products and services, in the last quarter of 2020, highlights the experiences of over 440 individuals and families in the UAE.

United arab emiratesArun leslie johnKoi samuiSuneeti ahuja kohliAmit mitbawkarLeslie johnChief market analystUae newsDubai newsCorona virusPay cutsJob lossesCredit cardsஒன்றுபட்டது அரபு அமீரகங்கள்அருண் லெஸ்லி ஜான்கோய் ஸ்யாம்யூயீ