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ME war wreaks havoc on stocks, peso
philstar13d ago

ME war wreaks havoc on stocks, peso

Share prices took another major hit while the peso plunged to a new low of 60.30 yesterday as the financial market continued to reel amid the Middle East turmoil.

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Rupee breaches 94 against dollar for first time, closes flat after recovery
toi13d ago

Rupee breaches 94 against dollar for first time, closes flat after recovery

The Indian rupee hit an all-time low against the dollar, breaching 94 for the first time amid Middle East tensions, significant foreign fund outflows, and soaring crude oil prices. This sharp decline, extending since the regional conflict began, has put pressure on Asia's third-largest economy, highly reliant on imported energy. The Reserve Bank of India is reportedly offering mild support.

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Peso sinks to new record low as market plunges
tribune13d ago

Peso sinks to new record low as market plunges

The PSEi fell 1.98% to 5,899.18 amid US-Iran tensions, with Mining & Oil leading losses. Foreign investors were net sellers, while the peso weakened to a record P60.30, pressured by rising oil prices and safe-haven flows.

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Rupee breaches 94-level against US dollar intraday; ends flat
theprint13d ago

Rupee breaches 94-level against US dollar intraday; ends flat

Mumbai, Mar 23 (PTI) The rupee breached the 94-level against the US dollar for the first time on Monday, before closing flat at 93.53, amid a correction in global crude prices. At the interbank foreign exchange, the local unit opened at 93.84 and breached the 94-mark against the US dollar for the first time in [...]

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