Page 33 - Finance News Analysis

Rupee advances 2 paise to 77.59 against US dollar in early trade

The rupee appreciated 2 paise to 77.59 against the US dollar in the opening trade on Friday, supported by heavy buying in domestic equities and a weak greenback in the overseas markets.

Rupee up 5 paise to 77.52 vs dollar amid firm trend in domestic equities

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.06 per cent higher at 101.92

Rupee starts session on flat note against US dollar in early trade

The rupee started the session on a flat note against the US dollar on Tuesday amid a lacklustre trend in the domestic equity markets and persistent foreign capital outflows.

Rupee rebounds 15 paise to 77.55 on weak dollar, expected RBI rate hike

At the interbank forex market, the domestic unit opened at 77.69 against the US dollar. It moved in a range of 77.51 to 77.69 during the session

Rupee advances 7 paise to 77.49 against US dollar in early trade

The rupee appreciated 7 paise to 77.49 against the US dollar in opening trade on Friday as crude oil prices retreated from the elevated levels.

Rupee extends losses, declines 12 paise to 77.74 against US dollar

The rupee extended its losses and slipped 12 paise to 77.74 against the US dollar in early trade on Thursday, weighed down by a muted trend in domestic equities and unabated foreign fund outflows.

Rupee slips to fresh all-time low in 3rd straight session, closes 77.58/$

Dealers said major gains for the dollar were capped as the Reserve Bank of India is believed to have protected the 77.50 levels

Rupee skids 17 paise to record low of 77.61 against the US Dollar

The rupee declined by 17 paise to close at its fresh lifetime low of 77.61 against the US dollar amid foreign fund outflows and concerns over aggressive rate hikes by the US Federal Reserve

Rupee falls 16 paise to record low of 77.60 against the US Dollar

The rupee on Wednesday declined by 16 paise to close at its fresh lifetime low of 77.60 against the US dollar amid unabated foreign fund outflows and a stronger greenback in overseas markets.

Gold prices near 14-week lows as dollar rises, Fed chief hardens stance

By Bharat Gautam

Rupee slips 6 paise to 77.50 against US dollar in opening trade

The rupee depreciated 6 paise to 77.50 against the US dollar in the opening trade on Wednesday as persistent foreign fund outflows weighed on investor sentiment.

Rupee hits another all-time low of 77.56/$ amid high crude oil prices

Market participants said the Reserve Bank of India (RBI) intervened in the currency market, which slowed the pace of depreciation. An upswing in the domestic equity markets also helped the currency.

Dollar rally pauses after strong run, rivals seek tentative recovery

By Julien Ponthus

Rupee hits fresh all time low as investors rush for safe haven assets

The Reserve Bank of India has beefed up its intervention in the currency market which slowed the pace of the fall

India's foreign exchange reserves drop by $1.7 billion; hit 1-year low

In the previous reporting week, the overall reserves had declined by $2.695 billion to $597.728 billion, falling below the $600 billion mark

Rupee rebounds from all-time low; rises 19 paise to 77.31 against US dollar

At the interbank foreign exchange, the rupee opened at 77.35 against the American dollar, then gained further ground to quote at 77.31, registering a rise of 19 paise from the last close

Punjab National Bank to hike repo-linked lending rate from next month

Punjab National Bank (PNB) chief Atul Kumar Goel on Thursday said the bank will raise the repo-linked lending rates from next month.

Rupee at all-time low of 77.5 as high inflation triggers rate hike fears

The rupee plunged by 25 paise to close at its lifetime low of 77.50 as the dollar touched a fresh two-decade high amid global risk-averse sentiment and a higher-than-expected US inflation

Crypto meltdown deepens as stablecoin Tether drops below dollar peg

By Alun John, Elizabeth Howcroft and Samuel Indyk

Terra Luna cryptocurrency collapses 98%, investors lose life savings

The dramatic crash of Terra (Luna), ranked among the top 10 most valuable cryptocurrencies, has wreaked havoc in the lives of investors who are feared they will become homeless after the crypto mayhem.