Rupee opened nearly 60 paise lower at 82.41 per dollar on Monday amid rise in the value of greenback against a basket of six peers and global crude oil benchmarks. At the interbank foreign exchange, the domestic unit opened weak at 82.35 against the dollar, then fell to 82.50, registering a decline of 42 paise […]
– By Manoj Mohan and Siddhartha Khanna Since the late 1970s and 1980s, the bond and options markets were dominated by traders who learned their craft through experience. They believed that experience and intuition gave them the edge to make money. By the mid-1990s, the old-school grizzled traders had been replaced by a new breed […]