Page 38 - Anjali Kumari

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

Govt plans to borrow Rs 3.9 trillion via treasury bills in Q4FY25

Market participants said that the gross borrowing amount was higher than expected

Rupee seen trading close to 85.80 per dollar by March end: BS Poll

Excessive intervention by the RBI could be counterproductive, particularly if other central banks allow their currencies to weaken, and could even affect rupee liquidity

Rupee falls to new low of 85.27 as importers stock up dollar at month end

The local currency had settled at Rs 85.20 per dollar on Wednesday

Bank frauds jump to Rs 21,367 crore in first half of FY25, shows RBI data

In April - September period of FY24, while there were 14,480 incidences of frauds, the amount involved was only Rs 2,623 crore

Rupee's Real Effective Exchange Rate climbs to 108.14 in Nov: RBI report

REER represents the inflation-adjusted, trade-weighted average value of a currency against its trading partners

RBI net sells $9.2 bn in October, highest monthly sale since September 2022

The rupee had breached the 84 per dollar mark on October 11 of the current year

Rupee hits new low for sixth straight session; settles at Rs 85.20

Liquidity deficit widens to 7 month high

Rupee remains under pressure, touches new low of 85.12 per dollar

The local currency had settled at 85.02 per dollar after choppy trading on Friday, touching 85.11 per dollar before regaining ground against the greenback on the back of FTSE rebalancing inflows