Page 20 - Finance News Analysis

Rupee breaches 81 vs USD before RBI steps in; FX reserves at near 2-yr low

So far in 2022, the local currency has depreciated 8.2 per cent versus the greenback

India's forex reserves fall by $5.22 bn to near two-year low: RBI data

India's foreign exchange reserves fell for a seventh straight week, dropping to $545.652 bn in the week to Sept 16, its lowest level since Oct. 2, 2020

Rupee falls to fresh low on relentless strength in dollar after Fed hike

Forex traders await cues on RBI's intervention strategy post the recent slump in rupee

Rupee hits new low vs USD on hawkish Fed; poll shows currency at 81 by Dec

Suffers steepest one-day fall since Ukraine war; poll shows rupee at 81 by Dec

Depreciating rupee not likely to cause fiscal slippage, say experts

Petroleum, fertiliser imports to become expensive, subsidy bill set to rise

Rupee hits new low against US dollar as Asian peers tumble on Fed rate view

The rupee closed at a record low of 80.86 to the dollar, down from 79.9750 in the previous session

Dollar hits new 24-year peak to yen as Bank of Japan stays dovish

The US dollar surged to a new 24-year high against the yen after the Bank of Japan stuck to ultra-easing stimulus

Rupee slumps to new low as Fed hikes rates, signals longer tightening cycle

The rupee hit a new low of 80.47 versus the US dollar in the first few minutes of trade on Thursday.

Indian rupee tipped to fall further after reaching record low: Analysts

The Indian rupee is likely to fall further after hitting a record low to the dollar on Thursday as the U.S. Federal Reserve hinted at more aggressive rate hikes to tame inflation

Rupee sheds 0.3% as US dollar soars ahead of Fed's policy statement

Putin's call for partial mobilisation hits risk appetite in currency market

Rupee closes at new low ahead of near-certain big Fed rate-hike

The mobilisation of troops by Russian President Vladimir Putin piled on more pressure on the rupee, already weighed by the surging dollar index

Rupee depreciates 8 paise to 79.82 against US dollar in early trade

The rupee depreciated by 8 paise to 79.82 against the US dollar in opening trade on Wednesday as investors await the US Fed's policy decision on interest rates for further cues

Rupee rises 7 paise to close at 79.74 against dollar ahead of Fed meet

The rupee consolidated in a narrow range and settled 7 paise higher at 79.74 against the US dollar Tuesday, snapping its four-session falling streak as investors await the US Fed's policy statement

Rupee gains in-line with equities, rises 16 paise to 79.65 against dollar

The rupee appreciated 16 paise to 79.65 against the US dollar in early trade in line with a positive trend in domestic equities

Govt's intervention to protect rupee takes large bite from record reserves

While economists and the Reserve Bank of India aren't ringing any alarm bells just yet, investors are watching closely given the rupee's slump to an all-time low last month

Strong dollar vs foreign inflows: Rupee in fine balance ahead of Fed meet

Analysts expect rupee to trade in the range of 78-80 per dollar, for now

Currency internationalisation: India pushes for rupee trade with Cuba

In July, the RBI had unveiled a mechanism to settle international transactions in rupee to promote the growth of global trade, with emphasis on exports from India

Rupee rises by 14 paise to 79.64 against US dollar in opening trade

The rupee appreciated 14 paise to 79.64 against the US dollar in early trade on Monday in line with its Asian peers and as the American currency retreated from its elevated levels

RBI net-sold $19.05 billion in forex market in July to protect rupee

RBI's forward purchases fell $9 bln in July as interventions spread across spot, forwards

India's foreign exchange reserves down $2.23 billion to $550.87 billion

India's foreign exchange reserves fell further to a near two-year low of $550.87 billion as of September 9, from $553.11 billion a week earlier, RBI said