Page 30 - Finance News Analysis

Rupee falls 9 paise to 79.04 against dollar amid foreign fund outflows

The rupee depreciated 9 paise to 79.04 against the dollar in opening trade on Tuesday, weighed down by persistent foreign funds outflows

Rupee recoups early losses to close almost flat at 78.95 against dollar

The rupee paired its early losses to close almost flat at 78.95 against the US dollar on Monday due to weakness in the greenback, lower crude oil prices and gains in the local stock markets.

Rupee depreciates 9 paise to 79.03 against dollar in early trade

The rupee depreciated 9 paise to 79.03 against the dollar in opening trade on Monday, as persistent foreign funds outflows weighed on investor sentiments

Rupee falls below 79/$ as stocks plunge; FII outflows sour market sentiment

Higher US interest rates, upside risks to India's current account deficit, brought about by higher oil prices, have caused the rupee to depreciate 6% vs $ so far in the calendar year

Pain for rupee likely as India's trade gap, capital outflows balloon

A shortfall in India's current account -- the broadest measure of trade -- will probably widen to 2.9% of gross domestic product in the fiscal year ending March 31

Rupee rises 13 paise to 78.90 against US dollar in early trade on Thursday

In the previous session, the rupee had closed at its all-time low of 79.03 against the US dollar

Rupee ends at new low on relentless FII sell-off, slower RBI intervention

The analyst said the rupee may weaken to 79.10 per dollar in the coming days

Rupee falls 18 paise to close at new low of 79.03 against US dollar

At the interbank foreign exchange market, the rupee opened lower at 78.86 against the greenback and finally settled at 79.03, down 18 paise over its previous close.

Rupee weakens to a new low; traders see currency breaching 79/$ soon

So far in 2022, the rupee has shed around 5.8 per cent against the dollar as higher US interest rates and a surge in global commodity prices have the outlook on the currency

Rupee falls 11 paise, hits record low of 78.96 to dollar in early trade

The rupee depreciated 11 paise to a record low of 78.96 against the US dollar in opening trade on Wednesday, weighed down by persistent foreign capital outflows

Rupee at a fresh new low as rising oil deepens CAD, inflation concerns

The rupee settled at a new low of 78.77 per US dollar against the previous close of 78.35 per US dollar

Rupee drops 48 paise to close at new low of 78.85 against US dollar

Persistent foreign capital outflows and a surge in crude oil prices led to the slump

India-dedicated funds follow global EM trend as outflows hit $547 mn in May

In all, funds tracked by EPFR saw net outflows of $1.2 billion, accounting for nearly a fourth of $5.2 billion outflows by FPIs in May

Rupee ends almost flat at 78.34 against US dollar despite equity rally

The rupee slipped 1 paisa to close at its fresh life-time low of 78.34 (provisional) against US dollar on Monday despite a rally in the domestic equity markets.

Rupee slips by 1 paisa, settles at all-time low of 78.33 against US dollar

During the day, the local unit witnessed an intra-day high of 78.19 and a low of 78.35 against the American currency.

Rupee recovers from record low, opens 12 paise up at 78.20 against dollar

Recovering from its record low, the rupee opened 12 paise up at 78.20 against the US dollar on Friday, tracking a pullback in crude oil prices

Rupee settles at record low of 78.32 against dollar on forex outflows

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.41% to 104.62

Fall in onshore forward premiums could push Indian rupee even lower

On Wednesday, the rupee touched a record low of 78.39 against the dollar despite a sharp fall in global crude oil prices, pushing forward premiums down

Rupee recovers from record low, inches higher by 9 paise against dollar

Recovering from its record low, the rupee inched higher by 9 paise to 78.23 against the US dollar in early morning trade on Thursday

RBI may have boosted forwards intervention to slow rupee fall, save reserve

The Reserve Bank of India has run down its forward-dollar book by $12 billion to $15 billion from about $64 billion at the end of April