Page 16 - Finance News Analysis

Rupee gains 26 paise against US dollar tracking positive trend in equities

The rupee appreciated 26 paise to 82.62 against the US dollar in early trade on Tuesday tracking a positive trend in domestic equities.

Dollar shakes off suspected Japan intervention; stocks brace for earnings

The dollar weathered another suspected blast of Japanese intervention to rise against the yen on Monday, while European markets got a lift

Rupee weakens nearly 10% by end of Samvat 2078 on global pressures

A weakening bias in the rupee continued in October with foreign portfolio investment outflows, pushing it above 82 levels

India's foreign exchange reserves at lowest level since July 2020

The fall in foreign exchange reserves was primarily on account of a decline in the RBI's foreign currency assets that fell $2.8 billion on-week to $468.87 billion

RBI received good response from countries for rupee trade: T Rabi Sankar

Internationalisation of rupee reduces need for FX reserves

Rupee falls 9 paise to close at 82.88 against dollar amid strong greenback

The rupee slipped 9 paise to close at 82.88 against the US dollar on Friday amid a strong greenback overseas

Rupee falls 12 paise to 82.91 against dollar as US currency firm in markets

The rupee depreciated 12 paise to 82.91 against the US dollar in morning trade on Friday tracking a firm American currency in the overseas market.

RBI intervenes to claw rupee back from fresh intraday low vs dollar

Central bank may have sold around $1 billion in Fx market on Thursday

Rupee to drop further to 84.50 against dollar by year-end: Poll

The Indian rupee will fall further against the US dollar over the rest of the year, a Reuters poll on Thursday showed, setting up the currency for its steepest annual decline in at least nine years

Rupee at fresh low as Fed rate hike fears intensify, dollar strengthens

RBI not yet seen intervening heavily for the rupee, expected to step in around 83.40/$1 mark

Rupee hits record low of 83.06 in opening trade against US dollar

The rupee depreciated 6 paise to a record low of 83.06 against the US dollar in opening trade due to a stronger greenback overseas and unrelenting foreign fund outflows

Rupee declines 0.8%, closes at fresh all-time low of 83 vs US dollar

Analysts say RBI is allowing the depreciation amid wider CAD and higher US interest rates

Rupee plunges 61 paise to dip below 83-mark for first time against dollar

Rising crude prices in the international markets and risk-averse sentiment among investors weighed on the local currency, traders said

Rupee appreciates 6 paise to 82.34 against US dollar in early trade

The rupee appreciated 6 paise to 82.34 against the US dollar in early trade on Wednesday as a firm trend in domestic equities strengthened investor sentiment

Rupee falls 10 paise to close at 82.40 against US dollar on forex outflows

The rupee pared its initial gains to close 10 paise down at 82.40 against the US dollar in a restricted trade on Tuesday

RBI's 2013 playbook to rebuild forex reserves unlikely to work: Analysts

The FCNR deposits route might not be as effective this time around for reasons like a narrower US-IN rate spread and less aggressive rate hikes in this cycle versus back in 2013, says an analyst

Rupee advances 22 paise to 82.08 against US dollar in early trade

The rupee appreciated 22 paise to 82.08 against the US dollar in early trade, tracking positive domestic equities and an overnight fall in the dollar index

As RBI spreads out Fx interventions, forward premium hits 11-year lows

The central bank looks to protect headline reserves, deter offshore/onshore arbitrage on Rs with buy-sell swaps in forex market

Flows into NRIs deposits moderate to $1.43 billion in Apr-Aug period

Outstanding NRI deposits declined to $134.68 billion at the end of August 2022 from $141.52 billion a year ago

Rupee to trade in Rs 82.25-82.75 band against dollar: Bank of Baroda

The intervention by the Reserve Bank of India (RBI) in the forex market will keep the Indian rupee in Rs 82.25-82.75 band against the US dollar in the near term, said Bank of Baroda in a report