Friday 29 March 2024
 
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INDIAN RUPEE

DGCX August volumes soar on Shariah partnership

Dubai Gold and Commodities Exchange (DGCX) said it has recorded its highest ever daily Indian Rupee (INR) volume, trading 126,055 contracts on August 13.    On the same day, the DGCX’s overall volume t

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DGCX spot gold sees record volumes on trading day

The GCC’s first and the world’s only Shari’ah Compliant Spot Gold contract (DGSG), was listed on the DGCX, the region’s largest and most diversified derivative bourse, on March 29. The contract opened with world-record

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DGCX’s INR Quanto Futures wins innovation award

Indian Rupee Quanto futures contract of the Dubai Gold and Commodities Exchange (DGCX) has been recognised as the Most Innovative New Contract in the Currency category at this year’s Futures and Options World (FOW) Awards Asia, the derivat

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Indian rupee ‘unlikely to recover aaginst dollar’

The Indian rupee is unlikely to regain ground against the US dollar over the next year as a wide current account deficit and weak reserves weigh on the currency, while the Chinese yuan will strengthen a little to fresh record highs, a Reuters po

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DGCX volumes double in H1

Trading volumes on the Dubai Gold and Commodities Exchange (DGCX) in the first half of the year registered a year-on-year growth of 101 per cent, reaching 7.71 million contracts valued at $268.85 billion. The significant increase

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DGCX to list Sensex futures for trading

The Dubai Gold and Commodities Exchange (DGCX) is set to launch a futures contract based on Sensex, the blue-chip stock index of India’s Bombay Stock Exchange (BSE). The US dollar-denominated contract will be formally listed

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DGCX launches new Indian rupee contract

The Dubai Gold and Commodities Exchange (DGCX) has launched a mini Indian rupee futures contract (DINRM), in a bid to further expand the reach of its Indian rupee product offering. The first-of-its-kind to be introduced in the reg

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Emirates Islamic launches new forex services

UAE-based Emirates Islamic Bank has today announced the launch of the first of a series of initiatives aimed at providing customers with market leading foreign exchange services. Faisal Aqil, deputy CEO, Consumer Wealth Management

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DGCX sees record monthly volume in Feb

The Dubai Gold and Commodities Exchange (DGCX), the region’s first derivatives exchange, has posted a monthly record of 1,157,340 contracts, valued at $44.16 billion, in February. The month also saw the highest ever average

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Dubai gold futures surge 111pc

Dubai Gold and Commodities Exchange (DGCX) said the gold futures, its flagship product, grew 111 per cent in June to hit 60,353 contracts driven by significant surges in gold and Indian Rupee futures trading. The exchange also registered i

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