Page 28 - Anjali Kumari

After 5-day streak of lows, rupee posts best day in 7 mths against dollar

A narrowing trade deficit in December, down to $21.94 billion down from a record $31.86 billion in November, further bolstered market sentiment

RBI to conduct daily VRR auctions from Friday to infuse liquidity

Move to ease liquidity concerns; set to begin with Rs 50,000 crore

Impact of Trump's presidency to be short-lived on Indian rupee: SBI

'Indian rupee, well-supported by the Reserve Bank of India (RBI) against extreme volatilities post-pandemic, is likely to recover beyond current challenges'

Rupee hits new low of 86.68 per dollar as oil importers boost demand

RBI's intervention policy unlikely to have changed

Rupee logs steepest fall in two years, hits record low of 86.58/$

The rupee weakened to 86 per dollar from 85 in just 16 trading sessions. In contrast, its movement from 84 to 85 took 46 working days, while the shift from 83 to 84 happened in 478 days

REC raises Rs 2,297 cr via 10-year bonds, IRFC eyes Rs 3K cr on Wednesday

The issuance has a base size of Rs 500 crore with a green shoe option of Rs 2,500 crore

Ahead of Feb policy, RBI guv Malhotra to meet bank chiefs on Thursday

The interaction is part of the pre-monetary policy consultations

CP, CD rates harden amid tight liquidity conditions in the market

Certificate of Deposit rates increased by 20-30 basis points across tenures during the same period

Bankers ask RBI for durable liquidity as deficit mounts to Rs 2 trillion

Economists are of the opinion that given the prevailing liquidity conditions, the RBI should prioritise liquidity management over rate cuts

Rupee hits new low of 85.97/$; forex reserves drop further to $634 billion

The local currency edged higher by 3 paise on Friday against the previous low of 85.94 recorded on Thursday

FPIs exit domestic debt market as bond yield gap with US shrinks

Foreign investors were net sellers of FAR securities in October and November, driven by lower-than-expected growth in the second quarter of the current financial year

Rupee hits record low of 85.94/$ intraday, recovers to close at 85.86/$

The dollar index inched up to 109.14 compared to 108.98 on Wednesday. The index measures the strength of the greenback against a basket of six major currencies

Results preview: Banks' net profit growth likely moderated in Q3FY25

Margin pressures, sluggish loan offtake may weigh on performance

Flat benchmark yields to weigh on banks' treasury gains in Q3FY25

While a softening of yields was observed on expectations of a rate cut, yields climbed again, tracking the rise in US Treasury yields

Rupee falls to new low of 85.83 as dollar hovers near two-year high

The local currency settled at Rs 85.78 per dollar on Friday

BS Poll: Rupee to stay under pressure, seen at 86 to dollar by March-end

The currency hit a new closing low of 85.65 in the first trading session of 2025

RBI likely fine-tuned forex market intervention by slowing dollar sales

By October-end, the RBI's net short position in the forward market stood at $49.2 billion, up significantly from $14.6 billion in September

States, UTs to borrow Rs 4.7 trillion via govt securities in Q4FY25

In 2023-24, states contained their GFD at 2.9 per cent of GDP, within the Fiscal Responsibility Legislation (FRL) limit of 3 per cent

Rupee hits new low of Rs 85.54 after worst intraday fall in 2 years

Weakens below 85.8 intraday, RBI does rescue act

Forex reserves decline by $8.4 billion of $644 billion as of Dec 20

The decline in reserves is due to both intervention and revaluation effects