The currency fell tracking a strong American currency in the overseas market and muted trend in domestic equities
ATM deployment has crossed 250,000 units, after hovering between 225,000 and 235,500 for almost five years
The country's foreign exchange reserves increased by $8.895 billion to reach a record high of $642.453 billion in the week ended September 3, RBI data showed
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.11 per cent to 92.54.
AA merely acts as a conduit or a channel between FIUs and FIPs
The rupee plunged by 32 paise to close at 73.42 (provisional) against the US dollar on Tuesday, tracking a strong American currency in the overseas market and muted trend in domestic equities
The dollar-rupee's relative strength index dropped to 22.8 last week, the lowest level in 11 months
The RBI is weighing carefully if this could eventually lead to a backdoor entry of Big Tech in the Indian banking system
The Indian rupee declined 4 paise to 73.06 against the US dollar in opening trade on Monday, tracking a firm American currency.
As many as 50 players have set up shop but penetration remains low and only a handful dominate the business
Healthy portfolio as well as general FDI capital inflows are expected to further boost India's foreign exchange reserves in the coming weeks
India's forex kitty had declined by USD 2.47 billion to USD 616.895 billion in the previous week ended August 20, 2021
The Indian rupee inched higher by 2 paise to 73.03 against the US dollar in opening trade on Friday, despite a sustained rally in domestic equities.
The Indian rupee appreciated 6 paise to 73.02 against the US dollar in opening trade on Thursday, tracking a positive trend in domestic equities and sustained foreign fund inflows
The rupee snapped its four-session winning run to close 8 paise lower at 73.08 against the US dollar on Wednesday
The rupee has rallied 1.6% in the previous three sessions to post its biggest gain for the period since March 2
The Indian rupee opened on a flat note and slipped 5 paise to 73.05 against the US dollar in opening trade on Wednesday
The rupee strengthened further by 29 paise to close at a nearly 12-week high of 73.00 against the US dollar on Tuesday, marking its fourth straight session of gain
The Indian rupee appreciated 4 paise to 73.25 against the US dollar in opening trade on Tuesday, tracking a positive trend in domestic equities
The rupee surged by 40 paise to close at 73.29 (provisional) against the US dollar on Monday, supported by a firm trend in domestic equities and a weak American currency.