Tag Archives: Dollar

Future Retail to raise up to $500 million through dollar bonds

Mumbai: Kishore Biyani’s Future Retail Ltd on Saturday said that its board has approved a fundraising plan to raise up to $500 million through dollar denominated bonds, the company said in a filing with stock exchanges. “Further to the decision taken in the Board meeting held on 12th October, 2019, the Board has reconsidered the various funding options for the acquisition of the ... Read More »

HSBC Sees Year-end Rupee at 69 Against US Dollar

New Delhi: The rupee is likely to see “better footing” than has been the case recently, an HSBC report said today, maintaining a year-end forecast of 69 against a US dollar. According to the global financial services major, the Indian rupee has been on the back foot since the beginning of this year. It has been, among other things, weighed ... Read More »

Rupee Recovers 13 Paise Against Dollar in Early Trade

Mumbai: The rupee recovered from a 30-month low by rising 13 paise to 68.34 against the dollar at the Interbank Foreign Exchange in early trade today on fresh selling of the US currency by banks and exporters. Dealers said fresh selling of the American unit by exporters and banks supported the domestic currency but dollar’s strength against other currencies overseas, ... Read More »