Page 25 - Finance News Analysis

Rise in cash in circulation for April-July stands at Rs 50,800 cr: RBI data

The currency in circulation had jumped by over Rs 4 trillion in 2020-21, while the increase tapered to Rs 2.80 trillion in the last financial year

Rupee drops 17 paise to close at 79.3 against dollar amid US-China tensions

The rupee depreciated 17 paise to close at 79.32 (provisional) against the US dollar on Thursday, weighed down by disappointing macroeconomic data and US-China tensions.

Rupee tumbles as Nancy Pelosi's Taiwan visit sparks US-China tension

A fresh record high monthly trade deficit in July also weighed on sentiment in the domestic currency market, traders said

Top headlines: IndiGo Q1 net loss narrows; rupee plummets 68 paise

Adani Power on Wednesday reported 16-fold jump in consolidated net profit at Rs 4,780 crore for the quarter ending June 30, 2022.

Rupee plummets 68 paise at 79.21 against USD as macro data disappoints

At the interbank foreign exchange market, the local currency opened lower at 78.70 and fell further to settle at the day's low of 79.21.

Rupee depreciates 27 paise to 78.80 against US dollar in early trade

The rupee depreciated 27 paise to 78.80 against the US dollar in opening trade on Wednesday, tracking a muted trend in domestic equities

Rupee back to 78 levels vs dollar as FPIs return to Indian markets

The US dollar index, a measure of the currency against six major rival pairs, was at 105.67 around 6.15 pm IST on Tuesday. It had climbed to a 20-year high of 108.54 in late July

Rupee jumps 53 paise to close at one-month high of 78.53 on FII inflows

Persistent foreign fund inflows into capital markets, softening crude oil prices and a weak US dollar in the global markets boosted the local currency.

Rupee rises by 22 paise to close at 79.02 against USD as oil prices decline

India's Manufacturing PMI rose to 56.4 in July compared to 53.9 in June, and this also supported the rupee

US dollar wallows near 3-week low on bets for less aggressive Fed

The dollar hung near a three-week low to major peers on Monday as markets continued to wager that the Federal Reserve has less tightening to do with the US economy at risk of recession

Rupee gains vs dollar as weak US GDP data softens Fed rate hike view

Dollar index falls as a contraction in US GDP eases Fed hike fears

Rupee rises 45 paise to close at 79.24 against USD amid fresh FPI inflows

The rupee gained 45 paise to close at 79.24 (provisional) against the US dollar on Friday as heavy buying in domestic equities and weakness in the greenback bolstered investor sentiment

Rupee at highest in nearly 3 weeks, tracks broad US dollar losses

The Indian rupee strengthened to its highest in nearly three weeks on Friday, tracking broad losses in the dollar on easing concerns over the need for continued aggressive Fed rate hikes

Rupees, bonds gain despite 75 bps US Fed rate hike to tackle inflation

Markets perceive Fed as being less hawkish

Rupee rises 26 paise to close at 79.65 against dollar after Fed rate hike

The rupee appreciated 26 paise to close at 79.65 (provisional) against the US dollar on Thursday, tracking a firm trend in the domestic equities.

Rupee sees biggest daily gain in two months post Fed chief's dovish remarks

By Swati Bhat

Rupee, bonds gain on 'less hawkish' policy despite US Fed rate hike

Fed Chair Powell's comments suggest slower pace of hikes going ahead, say markets

Dollar hits three-week low to yen as Fed's Powell less hawkish than feared

The dollar dropped to a three-week low versus the yen on Thursday after Federal Reserve Chair Jerome Powell assuaged investors' worries about continued aggressive monetary tightening

Trade settlement in rupee: Banks seek clarity on fund repatriation

Banks also raised the question to the RBI as to why the surplus balances in Vostro accounts could only be invested in government securities and not corporate debt

Rupee falls 13 paise to close at 79.91 against US dollar amid focus on Fed

Rupee weighed down by expectations of an aggressive rate hike by the US Federal Reserve