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| Chinese currency wall cracks |
| China finally bowed to two years of political and market pressure on Thursday by revaluing the yuan by 2.1 percent and leaving the door open to further rises by abandoning the currencys decade-old peg against the dollar. ... |
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| Rupee hits six-year high |
| The rupee shot up to a six-year peak against the dollar today after China revalued the yuan, which till now had a fixed rate ... |
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| Chairman of Hong Kong Monetary Authority Joseph Yam speaks to the press in Hong Kong on Thursday after China announced its decision to revalue the yuan. (AFP) |
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|  |  | | 7304.32 | | -38.57 | | |
| |  | | BSE-100 | 3924.53 | (-22.98) | | S&P CNX Nifty | 2230.05 | (-11.04) |
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|  | | Name | BSE | NSE | | HLL | 158.55 (-1.06) | 158.45 (-1.08) | | ITC | 1634.35 (-37.75) | 1635.03 (-37.95) | | Infosys | 2210.15 (-22.06) | 2209.00 (-24.03) | | Reliance | 678.75 (-0.01) | 678.25 (-0.85) | | Wipro | 711.05 (-5.05) | 711.06 (-5.07) | | Zee | 166.95 (-9.03) | 166.07 (-10.05) |
| | Foreign Exchange | | US $1 : Rs 43.25 | UK £1 : Rs 75.98 | | Euro : Rs 52.76 | Yen 100 : Rs 38.97 | | HK $1 : Rs 5.55 | SW Fr1 : Rs 33.04 | | Sing $1 : Rs 25.25 | Aus $1 : Rs 32.04 |
| | Bullion | | Bombay | | Gold Std (10gm) | Rs. 6060 | | Gold 22 Carat | Rs. 6030 | | Silver bar (1kg) | Rs. 10690 | | Silver Portion | NA | | Calcutta | | Gold Std (10gm) | Rs. 6140 | | Gold 22 Carat | Rs. 5795 | | Silver bar (1kg) | Rs. 10600 | | Silver Portion | Rs. 10700 |
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