Page 21 - Bhaskar Dutta

Rupee ends at new low as global risk fears spur rush to safe-haven dollar

The rupee has already lost 0.5% to the greenback this week, taking the depreciation for 2022 so far to 6.7%

ED probing some entities, employees over irregularities, says IndusInd Bank

IndusInd Bank says it has no credit exposure to the entities being investigated

How the RBI is creating conditions for foreign flows to come back to India

The RBI announced five measures on July 6 to further liberalise foreign exchange. The measures are aimed at creating a more enabling environment to attract dollars through banking deposits, ECB, FPI

Asian countries in talks for settling trade in domestic currencies

Countries to accept trading partners' currency; move aimed at reducing dollar dependence

Rupee falls to a fresh low, just 40 paise away from 80 per dollar

The rupee settled at 79.60 per US dollar, as against 79.44 per US dollar at its previous close

Rupee at record low as US dollar surges globally, domestic markets fall

Fears of a global recession weigh on the unit despite RBI measures to boost dollar inflow

RBI allows settlement in rupee to settle trade with Russia, Sri Lanka

Move aimed to facilitate trade with Russia, Sri Lanka

Rupee falls to new low as US dollar index rises to fresh 20-year high

The domestic currency ended at 79.44 as against 79.25 at the previous close

Unhedged exposure via external commercial borrowing new threat to rupee

According to RBI data on external debt released, short-term debt on a residual maturity basis accounted for 44.1% of foreign exchange reserves at the end of March 2022

India's forex reserves slip $5 bn in a week amid RBI interventions

Most emerging market currencies have faced pressure since the start of the war in Ukraine in late February as investors have rushed to safe-haven assets

Banks' Q1 net profit growth estimated at 47% as lending stays strong

According to Bloomberg's data on analysts' estimates, net profits of the 12 listed banks in Q1FY23 will grow 47 per cent YoY and shrink 7.8 per cent sequentially

RBI allows more FPI access to Indian bonds, but returns may not lure flows

Treasury officials believe the move may not work as rising interest rates abroad and high domestic inflation have eroded returns from Indian fixed-income assets

Rupee gains but market unsure of inflows amid global rush to US dollar

The rupee settled at 79.18 per US dollar as against 79.30 per US dollar on Wednesday

Bond yields dip 10 bps on falling crude prices amid global growth concerns

Bond prices and yields move inversely. A fall of 1 bps in the yield on the 10-year paper corresponds to a rise in price of roughly 7 paise

RBI measures a step in right direction but forex inflows still seen limited

RBI announced five measures pertaining to the liberalisation of foreign exchange flows into India

RBI takes steps to attract foreign flows, says growth prospects stay strong

The RBI said Wednesday's measures were aimed at enhancing exchange inflows while ensuring overall macroeconomic and financial stability

SBI, Canara, Bank of Baroda plan to raise Rs 7,500 crore through AT-1 bonds

Banks may be looking to raise funds before rates harden further

Rupee slips 41 paise to 79.36; dollar index surges to 2-decade high

Rupee may sink to 82 against dollar in Q3, high trade deficits will be the norm now, says Nomura

Govt bond yields slide 5 bps over weekend, in tandem with US benchmark

Signs of weakening economic growth worldwide raising questions over the degree of policy tightening by central banks

RBI should intervene less, let rupee depreciate gradually: D Subbarao

In a Q&A, the former RBI Governor says the situation is very different from the Taper Tantrum and that the rupee has actually risen against some other hard currencies