Page 19 - Finance News Analysis

Rupee appreciates 35 paise to 81.58 against US dollar in early trade

The rupee appreciated 35 paise to 81.58 against the US dollar in early trade as the American currency retreated from its elevated levels

Rupee at another low of 81.94 per dollar as US Fed talks up rate hikes

RBI may have sold more than $1 bln in FX mkt, prevented rupee from breaching 82/$1

Finance Ministry not in favour of exhausting forex reserves to defend rupee

"It (rupee) should fall, otherwise the trade-rated exchange rate will become uncompetitive," the official said

India FX reserves set to shrink further, stir memories of 2008 crisis: Poll

Those reserves are forecast to fall another $23 bn to $523 bn by the end of this year, according to the median forecast from a Sept. 26-27 Reuters poll of 16 economists

Rupee posts another new low against US dollar, but fares better than peers

The rupee's decline on Wednesday was less than that of other major Asian currencies, likely thanks to the RBI's intervention

Rupee hits new low, inches towards 82 per dollar on hawkish US Fed

So far in 2022, the rupee has depreciated around 9.2% against US dollar

Rupee depreciates 40 paise to all-time low of 81.93 against US dollar

Rupee depreciated 40 paise to an all-time low of 81.93 against dollar in early trade as the strengthening of the American currency and risk-averse sentiment among investors weighed on the local unit

'India has fairly large forex reserve to deal with current situation'

Economic affairs secretary Ajay Seth dismissed the concerns over depletion of forex reserve as "overblown" and said India has fairly large reserve to tide over the current situation

Rupee inches up, likely delay in bond index inclusion caps gains

Reuters on Tuesday reported local govt bonds will likely only be included in the JPMorgan emerging market global index early next year as New Delhi still needs to address various operational issues

As US dollar retreats, rupee rises 37 paise to 81.30 in early trade

The rupee appreciated 37 paise to 81.30 against the US dollar in early trade on Tuesday as the American currency retreated from its elevated levels.

Rupee loses 10% vs USD over a year, FX reserves fall to near 2-yr low

The rupee has depreciated 9.7 per cent against the dollar since September 2021

Forex reserves shrink faster than under 2008 global crisis, taper tantrum

BoP deficit, longer US tightening cycle may lead to slower pace of RBI intervention

Rupee ends beyond 81 against dollar for the first time; lags EM peers

RBI may have sold around $1 bn, but experts see pace of intervention declining

Investors stare at double-digit losses as rupee eats into FPI pie

Indian indices better off in 2022, down less than 2 per cent

Rupee closes at new low against US dollar amid risk-off mood

The dollar index traded above 113-levels for the first time since 2002 as deep tax cuts in the UK sent the sterling to a record low

South Korean assets turn Asia's biggest losers on global recession angst

The Kospi index tumbled 3% to its lowest close in more than 2 years, leading declines in Asia. The won, by far the region's worst performer this quarter, slid to the weakest level since March 2009

Rupee falls to new low as dollar's rise continues; importers buy greenback

Dealers say RBI had not yet significantly intervened in the foreign exchange market through dollar sales

Indian rupee may sink to 82.50 against towering dollar, funding gap: IDFC

The Indian rupee could decline to 82.50 against the dollar by March, driven by the greenback's surge and the country's balance of payment deficit, IDFC First Bank said in a research note

Weakening rupee to make import of crude oil, commodities expensive

For a nation that is 85% dependent on imports to meet its oil needs and 50 per cent for gas requirements, a weakening rupee has a bearing on domestic price of fuel

Rupee has held back very well among peers against dollar: FM Sitharaman

Finance Minister Nirmala Sitharaman on Saturday said the rupee has "held back very well" when compared to other currencies against the US Dollar.