Page 32 - Finance News Analysis

Rupee at new low of 77.8/dollar as investors pull out from emerging markets

The rupee depreciated over 2.5 per cent in the current fiscal year

European stocks, euro slip as ECB set to join rate hike club from July

European stocks have taken a dip alongisde the currency as ECB sets in to join the rate hike club like many others, say reports

Rupee slips 8 paise to close at 77.76 against dollar, weighed down by oil

The rupee depreciated by 8 paise to close at 77.76 (provisional) against the US dollar on Thursday, weighed down by elevated crude oil prices and persistent foreign capital outflows.

Most rated Indian firms have protections against weaker rupee: Moody's

Have buffers to withstand further 10-15 per cent depreciation

Rupee closes at all-time low of 77.74 against USD amid elevated oil prices

The yield on the three-year government bond declined 9 bps, while the five-year bond yield dropped 7 bps

Expect current account deficit to remain at sustainable level: RBI Governor

The current account deficit (CAD) will remain at a sustainable level and the normal flows will help the Reserve Bank of India (RBI) to finance it, Governor Shaktikanta Das said on Wednesday.

Rupee rebounds from record low, rises 10 paise to Rs 77.68 against dollar

Recovering from its lifetime low, the rupee advanced 10 paise to settle at 77.68 against the US dollar on Wednesday after the RBI raised the interest rate by 50 basis points to tame inflation.

Rupee depreciates 5 paise to 77.71 against US dollar in early trade

The rupee slipped 5 paise to 77.71 against the US dollar in opening trade, as heavy selling pressure in domestic equities and a strong greenback in the overseas market weighed on investor sentiments

Rupee appreciates 4 paise to 77.62 against dollar in early trade

The rupee appreciated 4 paise to 77.62 against the US dollar in opening trade on Monday, supported by a weak American currency in the overseas markets.

Forex reserves up by $3.8 bn to $601.3bn as Foreign Currency Assets rise

The country's foreign exchange reserves increased by $3.854 billion to $601.363 billion in the week ended May 27, according to RBI data.

Rupee advances 13 paise to 77.47 against US dollar in early trade

The rupee appreciated 13 paise to 77.47 against the US dollar in opening trade on Friday, supported by a fall in the dollar index and positive domestic equities

Currency turmoil risks undermining India's debut sovereign green bond

The currency has slumped more than 45 this year amid concern the RBI is behind the curve in tackling inflation, with elevated crude oil prices adding to pressures on the net

Rupee recovers from record low, spurts 20 paise to 77.51 per US dollar

At the interbank forex market, the rupee opened at 77.58 against the greenback and moved in a range of 77.51 to 77.62 in the day's trade.

Binance Labs announces $500 mn fund for Blockchain, Web3.0 startups

As venture capital (VC) funds squeeze the flow of money to traditional startups and invest in emerging tech like Web3.0, Binance Labs, the venture capital and incubation arm of leading cryptocurrency exchange Binance, on Wednesday announced closing of a $500 million investment fund to boost Blockchain, Web3.0 and value-building technologies.

Rupee recovers from record low, rises 14 paise against US dollar

Recovering from its record low, the rupee rose by 14 paise to 77.57 against the US dollar in early morning trade

Rupee slips 12 paise to close at 77.66 against US dollar amid surging crude

The rupee depreciated 12 paise to close at 77.66 (provisional) against the US dollar on Tuesday, tracking a negative trend in domestic equities and surging crude oil prices.

Rupee slips 13 paise to 77.67 against US dollar in early trade as oil rises

The rupee slipped 13 paise to 77.67 against the US dollar in early trade on Tuesday, weighed down by the surge in crude oil prices

Rupee rises by 4 paise to close at 77.54 against US dollar on stocks rally

At the interbank forex market, the rupee opened at 77.53 against the greenback and moved in a range of 77.46 to 77.56 in the day's trade.

Rupee advances 12 paise to 77.46 against US dollar in early trade

The rupee appreciated 12 paise to 77.46 against the US dollar in opening trade on Monday, supported by a fall in the dollar index and positive domestic equities

Rupee inches 2 paise up to 77.59 against USD on positive domestic equities

Forex traders said the rupee consolidated in a narrow range as elevated crude oil prices, fiscal deficit concerns and persistent FII outflows weighed on the local unit.