Money & Forex Markets
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May 14, 2021, Friday
Forex reserves rise by $1.444 billion to $589.465 billion: RBI data
The country's foreign exchange reserves increased by $1.444 billion to $589.465 billion in the week ended May 7, 2021, shows RBI ...
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May 12, 2021, Wednesday
Opportunity for India Inc to take forward cover widens as rupee strengthens
Many mid-sized firms don't take proper forward cover, exposing themselves to risk; others are going for it as they feel the rupee ...
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May 11, 2021, Tuesday
Rupee falls 18 paise to 73.53 against US dollar in early trade
The Indian rupee slumped 18 paise to 73.53 against the US dollar in opening trade on Tuesday tracking weak domestic equities and ...
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May 10, 2021, Monday
Rupee gains under siege as coronavirus health crisis fuels lockdown fears
Prospect of stricter curbs is threatening to weaken the currency, which is among Asia's top three performers this month
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May 04, 2021, Tuesday
Rupee gains 10 paise to end at 73.85, rises for second day in a row
Meanwhile, market sentiments are hurt on concern that rising Covid-19 cases in India and lockdown restriction in some states may ...
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April 29, 2021, Thursday
Rupee extends gains for 4th day; rises 29 paise to 74.07 against dollar
This comes amid a positive trend in domestic equities.
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April 12, 2021, Monday
Rupee falls below 75 to dollar on massive equity sell off; RBI intervenes
Indian unit was again the worst performer in the region, shedding 0.42% to the dollar. But most other Asian currencies lost too
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April 12, 2021, Monday
Rupee breaks past 75-mark vs US dollar, hits lowest level since Aug 2020
The domestic unit slipped to 75.13 versus the US dollar, a level seen in August last year
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April 08, 2021, Thursday
Rupee dips for 4th straight day, down 11 paise at 74.58 against US dollar
The rupee fell for the fourth straight session and settled 11 paise down at 74.58 (provisional) against the US dollar amid fears ...
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April 07, 2021, Wednesday
Rupee plummets 105 paise to close at Rs 74.47 against US dollar amid Covid
The rupee tanked 105 paise to close at 74.47 (provisional) against the US currency on Wednesday amid concerns over surging ...
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April 05, 2021, Monday
Rupee falls by 18 paise to close at Rs 73.30 against the US dollar
The rupee declined by 18 paise to close at 73.30 (provisional) against the US currency on strong American currency and risk ...
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March 31, 2021, Wednesday
Biggest rupee bear sees Asia's top performing currency hitting one-year low
Rupee is a surprise winner in Asia this year as expectations of an economic recovery, a rare current-account surplus and massive ...
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March 29, 2021, Monday
Rupee logs over 4% gain this fiscal amid headwinds on economic front
Experts said sustained foreign fund inflows into India's listed stocks ensured a strong year for the Indian currency
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March 25, 2021, Thursday
Rupee widens loss by 7 paise to 72.62 against US dollar in early trade
The Indian rupee furthered its loss by another 7 paise to 72.62 against the US dollar in early trade on Thursday amid growing ...
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March 23, 2021, Tuesday
Rupee rises 3 paise to Rs 72.34 against the US dollar in early trade
The rupee advanced by 3 paise to 72.34 against the US dollar in opening trade on Tuesday, as easing crude oil prices and buying ...
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March 22, 2021, Monday
Turkish lira slums toward record low on central bank woes, yen gains
The Turkish lira slumped toward a record low versus the dollar after President Erdogan stunned investors over the weekend by ...
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March 19, 2021, Friday
Rupee becomes only Asian currency to gain in month of sweeping losses
The rupee has advanced 1.3% in March, boosted by $2.4 billion of overseas purchases of local stocks, including inflows related to ...
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March 10, 2021, Wednesday
Rupee inches 5 paise higher to 72.88 against US dollar in early trade
The Indian rupee inched higher on Wednesday, adding to the 32 paise jump in the previous session, tracking a pullback in US ...
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March 08, 2021, Monday
Rupee falls 14 paise to 73.16 against the US dollar in early trade
The Indian rupee slumped 14 paise to 73.16 against the dollar in opening trade on Monday, as rising crude oil prices and ...
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February 01, 2021, Monday
Rupee tumbles 6 paise to close at 73.02 against dollar on Budget day
The rupee depreciated by 6 paise to close at 73.02 (provisional) against the US dollar on Monday, tracking a rebound in the ...
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May 12, 2021, Wednesday
India's reserves adequacy improved to 18.6 months in December 2020
As at end-March 2021, RBI held 695.31 tonnes of gold--403.01 tonnes overseas with the Bank of England and Bank of International ...
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May 12, 2021, Wednesday
Inflation woes push US stocks to 1-month low; dollar struggle
Investors bet that rising inflation could erode the currency's value
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May 10, 2021, Monday
Inflation debate hits emerging markets as Pimco backs economic rebound
Heavyweights including Brazil, China and India will report inflation data this week against a backdrop of quickening growth ...
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May 07, 2021, Friday
Forex reserves surge by $3.91 billion to $588.02 billion: RBI data
The country's foreign exchange reserves swelled by $3.913 billion to reach $588.02 billion in the week ended April 30, 2021, RBI ...
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May 04, 2021, Tuesday
JSW Hydro Energy to issue USD-denominated notes in overseas markets
JSW Energy on Tuesday said its arm JSW Hydro Energy will issue USD-denominated notes (green bonds) in overseas markets to raise ...
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April 15, 2021, Thursday
From best to worst: Rupee tumbles in 2 weeks on Covid, poised for more loss
Traders are concerned that the rupee's tailwinds could start fading. Rising commodity prices may push the current-account into a ...
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April 12, 2021, Monday
Rupee will be in suspended animation for some time
While a value of Rs 74-74.5/$ looks fair, one can never tell. The RBI may have to intervene if the rupee crosses the 75 mark and ...
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April 09, 2021, Friday
Rupee slips for 5th straight session, down 15 paise at 74.73 against USD
The rupee fell for the fifth straight session and settled 15 paise down at 74.73 (provisional) against the US dollar as rising ...
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April 08, 2021, Thursday
Analysts see rupee at 76.5; Four factors that may guide the trajectory
Rupee vs Dollar: Over the short-term, currency watchers expect the rupee to fall on the back of the RBI's plan to buy government ...
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April 06, 2021, Tuesday
Rupee drops by 12 paise to Rs 73.42 against US dollar on Covid worries
The rupee pared its initial gains to close down by 12 paise at 73.42 against the US currency on Tuesday amid concerns that rising ...
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March 31, 2021, Wednesday
Rupee falls 20 paise to 73.58 against the US dollar in early trade
The Indian rupee slumped 20 paise to 73.58 against the US dollar in opening trade on Wednesday, weighed down by the strength of ...
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March 30, 2021, Tuesday
Rupee slumps 34 paise to 72.85 against the US dollar in early trade
The Indian rupee slumped 34 paise to 72.85 against the US dollar in opening trade on Tuesday as rising crude oil prices and a ...
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March 25, 2021, Thursday
Investors turn bearish on Asian currencies for 1st time in a year: Report
Investors were bearish on all Asian currencies for the first time in a year as US economic outperformance and new lockdowns ...
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March 24, 2021, Wednesday
Rupee falls 10 paise to Rs 72.53 against US dollar in early trade
The rupee depreciated by 10 paise to 72.53 against the US dollar in opening trade on Wednesday, following a heavy selloff in ...
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March 23, 2021, Tuesday
India's proposed ban on cryptocurrencies not in line with major countries
In most major countries and blocs, regulators treat cryptocurrencies as assets and gains in these are taxed like financial ...
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March 19, 2021, Friday
Rupee depreciates 3 paise to Rs 72.56 against US dollar in early trade
The rupee depreciated by 3 paise to 72.56 against the US dollar in opening trade on Friday, as muted opening in domestic equities ...
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March 12, 2021, Friday
Rupee appreciates 25 paise amid rising FPIs, declining bond yields
Currently, rupee is trading at 72.66 per dollar, against the previous close of 72.91 per dollar
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March 09, 2021, Tuesday
Rupee surges 18 paise to 73.07 against the US dollar in early trade
The rupee appreciated by 18 paise to 73.07 against the US dollar in opening trade on Tuesday supported by positive domestic ...
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February 12, 2021, Friday
RBI's currency strategy flooding the market with more foreign funds
The RBI's outstanding forwards book grew to $28.3 billion as of November from a negative $4.9 billion in the fiscal year 2019-20, ...
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February 01, 2021, Monday
Rupee rises to 72.88 against US dollar in early trade ahead of Budget 2021
The rupee rises by 8 paise to 72.88 against the US dollar in opening trade on Monday ahead of the Union Budget 2021-22 ...
