Mumbai: The rupee declined by 7 paise to close at 68.58 against the United States dollar on Wednesday, pressured by persistent foreign fund outflows and firming crude oil prices. The rupee finally closed at 68.44, down 14 paise over its previous close.
World stocks rose and emerging market currencies appreciated after US Federal Reserve Chairman Jerome Powell told a Congressional committee that the central bank is ready to "act as appropriate" to boost growth amid multiple headwinds, bolstering hopes of a rate cut as early as this month.
The rupee had declined by 7 paise to close at 68.58 against the USA dollar Wednesday, pressured by persistent foreign fund outflows and firming crude oil prices. Any level below 68.50 could bring momentum buying in rupee against dollar.
In an appearance before his Congressional overseers on Wednesday, Powell confirmed that the U.S. economy is still under threat and that the central bank stands ready to "act as appropriate".
"Federal Reserve Chairman Jerome Powell's testimony to the US Congress is surprisingly more dovish than markets were expecting, given the US jobs data", Bianca Botes, Treasury partner at Peregrine Treasury Solutions, said in a note.
Foreign institutional investors (FIIs) remained net sellers in the capital markets, pulling out Rs 674.26 crore Tuesday, provisional data with the exchanges showed.
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Would Timofey Mozgov , Kosta Koufos , or Tyson Chandler get you pumped for the season almost as much as Fall would? Unlike his draft class-mate Jaylen Brown , Yabusele doesn't have a future with the Boston Celtics.
A weak trend at the domestic equity markets and global trade tensions also kept sentiment subdued, traders said.
The 30-share index, however, gave up some gains to trade 106.35 points, or 0.28 per cent, higher at 38,663.39 at 0930 hours. Again you can get a confirmation from the composite dollar index that reflects the way the dollar performs against a basket of currencies and it was down 0.2%, from 97.104 to 96.906.
Brent crude futures, the global oil benchmark, rose 0.36 per cent to Dollars 67.25 per barrel amid reduced U.S. inventories and geopolitical tensions.
US West Texas Intermediate (WTI) crude futures were up 11 cents at $60.54 a barrel while Brent crude futures were down 5 cents, or 0.1 percent, at $66.96 a barrel, after ending Wednesday up 4.4 percent.
Soon, fans started fearing that they might have seen the last of Dhoni as he could announce his retirement in the coming future. Even though India lost by a margin of 18 runs, Dhoni and Jadeja proved to be the heroes we needed.
Deputy leader Tom Watson said the revelations in the BBC's Panorama programme on anti-Semitism in his party were "harrowing". The party added that they had filed a complaint with the BBC's director general Lord Hall over the documentary.
Social media and reality TV star Kylie Jenner is ranked second on the list with an estimated pre-tax pay packet of $170m (£136m). The Forbes list, released Wednesday, ranks 100 celebrities, including musicians, film stars, athletes and comedians.
Nintendo has yet to confirm that the mobile game is out now on iOS and Android, but it's likely they will as the day goes on. Staff up with assistants like Goomba, Koopa Troopa, and Buzzy Beetle to help your doctors out with additional skills.
Using these speakers, you can use your voice to control your smart home, find information from the web, play music, and more. Moreover, with their other products, you can train the camera to recognize people by their face.
Viviani has now posted stage wins at all three Grand Tours, including four at the Giro and three at the Spanish Vuelta. He completed the 213.5 kilometres route from Reims to Nancy in a time of 5 hours 9min 20sec.
The 58-year-old is keen on managing in the Premier League again and wants to hear what Newcastle have to offer to him. Benitez departed after his contract expired, saying the Premier League club " did not share his vision ".
William Bando acknowledged he had now called for on the least 100 extra police to pork up the prevailing 40 local officers. Local media reported the attack appeared to be in retaliation for the ambush and murder for six people the day before.
Reports suggest that the experienced stopper asked to be released from his contract this summer, only for the club to refuse. Cape Town - Arsenal captain Laurent Koscielny has refused to travel for the club's pre-season tour in the United States.
Since so few have managed to climb it, the mountain has remained pristine, unlike the littered and congested Everest. Expert climbers dispatched by ITBP eventually brought the bodies down on foot, "with respect and dignity".
Japan's asteroid probe Hayabusa2 set for final touchdown
Hayabusa2 is expected to leave the asteroid to return to Earth at the end of next year, with the samples set for scientific study. Ryugu, which means "Dragon Palace" in Japanese, refers to a castle at the bottom of the ocean in an ancient Japanese tale.
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But rather than revisiting the past, the company is looking toward the future with the electric, autonomous EXP 100 GT concept. The new concept also has the fastback and rear haunch of one of Bentley's most famous cars, the R-Type Continental coupé.
CONCACAF limits direct World Cup qualifying to top six
The fourth round featured the six survivors plus the top six teams, divided into three groups for round-robin play. The decision reduces the number of qualifying matches for the United States to 10, instead of 16 to 18.
Rising sea levels to increase tidal flooding
The National Oceanic and Atmospheric Administration says Wilmington had 14 days of high tide flooding in the past year. Coastal communities experienced a median of five days of high tide flooding a year ago , tying the record set in 2015.
Emoluments Clause Case Against Trump Dismissed
Richard Blumenthal sued in federal court in D.C., and he's won several initial rulings, including that Mr. The government lawyers also want the court to suspend legal discovery recently approved by U.S.