Page 17 - Finance News Analysis

Rupee depreciates 11 paise to 82.30 against US dollar in closing trade

The rupee depreciated by 11 paise to close at 82.30 (provisional) against the US dollar on Monday as risk-off sentiment among investors and sustained foreign capital outflows weighed on the local unit

Rupee in narrow trading range as RBI's intervention reins in speculation

The Indian rupee on Monday held a narrow trading range once again as the Reserve Bank of India's likely intervention last week discourages speculators

Gold firms as dollar rally pauses; looming rate-hike cap further gains

Gold prices rose after declining more than 1% in the previous session, as a pause in the dollar rally alleviated some pressure from the greenback-priced bullion

Rupee is not sliding, dollar is strengthening, says FM Sitharaman in US

Speaking to reporters after attending the annual meetings of the IMF and the World Bank, she asserted that the fundamentals of the Indian economy were strong

Decline in India's forex largely due to appreciating US dollar: Sitharaman

The decline in India's foreign exchange reserves is largely due to the valuation changes arising from an appreciating US dollar, FM Nirmala Sitharaman said

Rupee's depreciation due to strengthening of dollar index: SBI chairman

The Indian rupee has weakened essentially due to the strengthening of the dollar index but it is holding well as compared to currencies of other emerging economies, SBI Chairman Dinesh Khara said

A first in 9 weeks: Foreign exchange reserves rise by $204 million

Analysts said there was an increase in the forex reserves, even as the RBI did not discontinue shielding the rupee from excessive volatility through sales of the dollar

Forex reserves rise to $532.87 bn for the first time in over two months

The country's reserves rose by $204 million from the previous week, the first increase since the week ended July 29

Rupee depreciates 8 paise to close at 82.32 against American dollar

The rupee depreciated 8 paise to close at 82.32 (provisional) against the US dollar on Friday, as a firm American currency and risk-averse sentiment among investors weighed on the local unit

Rupee tumbles 5 paise to 82.29 against US dollar in opening trade

The rupee after opening on a positive note, pared the gains and slipped 5 paise to 82.29 against the US dollar amid high volatility in early trade on Friday

Rupee trades in narrow range against US dollar in opening trade

The rupee was trading in a narrow range against the US dollar in opening trade today, tracking a muted trend in domestic equities amid weak domestic macroeconomic data

RBI asks banks to stop building positions in offshore market: Report

The build-up of positions in this segment of the market is forcing the RBI to spend more reserves to defend the rupee

Rupee tumbles 14 paise to close at 82.35 as US dollar strengthens

The rupee fell 14 paise to close at 82.35 (provisional) against the US dollar on Wednesday amid the strengthening of the American currency and sustained foreign fund outflows

Dollar at 24-year top on yen after US yields jump; sterling choppy

The dollar scaled new 24-year heights on the yen on Wednesday, breaching levels that prompted intervention by Japanese officials last month, while investors in sterling were scratching their heads

Rupee depreciates 14 paise to 82.35 against US dollar in early trade

The rupee depreciated 14 paise to 82.35 against the US dollar in the morning trade amid the strengthening of the American currency and sustained foreign fund outflows

RBI likely sold dollars, received forwards to stem rupee's drop: Report

The rupee has traded in a narrow range of about 8 paisa so far in the session

Rupee depreciates 1 paisa to 82.41 against US dollar in early trade

The rupee slipped 1 paisa to 82.41 against the US dollar in the morning trade on Tuesday amid the strengthening of the American currency and sustained foreign fund outflows

RBI interventions, corporate flows pull rupee back from new low against USD

Rupee underperforms EM peers so far in Oct, fares worse than 14 currencies

Rupee falls 4 paise to close at new low of 82.34 against US dollar

The rupee pared most of its initial losses and settled 4 paise lower at a fresh lifetime low of 82.34 (provisional) against the US dollar on Monday, weighed down by as risk-averse sentiment

RBI sells dollars as rupee hits record low on US rate hike woes: Report

The Reserve Bank of India likely sold dollars via state-run banks on Monday after the rupee plumbed a fresh record low following a US jobs report that firmed bets of more aggressive rate hikes