Page 11 - Finance News Analysis

Rupee records 6.9% depreciation against US dollar in current financial year

The Indian rupee has witnessed a depreciation of 6.9 per cent in the current financial year till November 30, the Parliament was told on Tuesday

Rupee sheds 26 paise to dollar as firm US data leads to Fed hike jitters

The domestic unit settled at 82.54 to the dollar on Monday, from 82.28 at previous close. So far in 2022, the Indian currency has shed 9.9% against the greenback

Retail CBDC could revolutionise digital subscriptions using micropayments

Such payments could be an income source for platforms and content creators hesitant about subscription model

Rupee falls 35 paise against US dollar amid heavy selling in equities

The rupee declined 35 paise to 82.63 against the US dollar in early trade as heavy selling pressure in domestic equities and a strong greenback in the overseas market weighed on investor sentiments

Rupee, bond yields to move in narrow range, with focus on Fed meeting

By Anushka Trivedi and Siddhi Nayak

Fixed denominations vs token system: Why digital cash needs to feel real

If the payment market is cornered by a few powerful private-sector platforms, they may impose hidden charges and fees

Gold, silver prices rise in early trade; yellow metal trading at Rs 54,280

Silver prices fall by Rs 1,400 per kg, trading at Rs 67,600 today

Forex reserves at a three-month high; $11 billion added in a week

Reserves rise for 4th straight week on revaluation, likely RBI dollar purchases

Rupee gains 10 paise to close at 82.28 against US dollar as it weakens

The rupee appreciated by 10 paise to close at 82.28 (provisional) against the US dollar on Friday, tracking the weakening of the American currency in the overseas market

Rupee appreciates 19 paise to 82.19 against US dollar in early trade

Forex traders said sustained foreign fund outflows weighed on investor sentiments and restricted the appreciation bias

Rupee gains 3 paise to close at 82.44 against dollar on positive equities

The rupee consolidated in a narrow range and settled 3 paise higher at 82.44 (provisional) against the US dollar on Thursday, supported by positive domestic equities

Rupee at over 1-month low on renewed Federal Reserve rate hike fears

Indian currency underperforms EM peers; analysts cite shrinking forward premia, widening CAD

Rupee falls 76 paise to close at 82.61 against dollar amid selling pressure

The rupee declined by 76 paise to close at 82.61 against the US dollar on Tuesday due to heavy selling pressure in domestic equities and rising crude prices in the overseas markets

India's benchmark bond yield seen at 7.5%, rupee at 84 by March: UBS

India's benchmark 10-year bond yields are expected to rise on the back of higher government borrowings, while the rupee could see steep depreciation by end of this financial year

Rupee falls 24 paise to 82.09 against dollar in line with domestic equities

The rupee declined 24 paise to 82.09 against the US dollar in early trade on Tuesday as heavy selling pressure in domestic equities and rising crude prices overseas weighed on investor sentiment.

Rupee gains 8 paise to 81.25 against US dollar ahead of MPC review

RBI may opt for a lower rate increase of 25-35 basis points in lending rates amid retail inflation showing signs of moderation

Forex reserves rise for third week in a row; up $2.9 bn to $550.14 bn

Fall in US dollar index seen providing revaluation boost to RBI reserves

Rupee premiums close to bottoming, RBI key moving part, says report

The 1-year rupee overnight index swaps declined about 30 bps in November, helped by a better inflation outlook domestically

Rupee gains as dollar slides on US data backing slower rate hikes

The Indian rupee rose on Friday, but gains were capped due to dollar demand amid a slump in the greenback

Rupee gains 18 paise to 81.08 against weak US dollar in overseas trade

Forex traders said weak domestic equities and foreign fund outflows weighed on the local unit and restricted the appreciation bias