Page 48 - Finance News Analysis

India rupee at over 3-week high on Fed's dovish stance, gains in equities

The dollar also slipped to multi-week lows in Asian trading on Thursday

Rupee slips 5 paise to close at 74.47 against USD amid weaker equities

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.12 per cent to 92.76.

Rupee declines 12 paise to 74.58 against US dollar in early trade

The Indian rupee depreciated 12 paise to 74.58 against the US dollar in opening trade on Friday tracking a firm American currency

RBI to introduce Central Bank Digital Currency in phases: deputy governor

The RBI has been exploring the pros and cons of the introduction of CBDCs since quite some time, deputy governor T Rabi Sankar said

Rupee's wild ride may end as foreign inflows surge: Credit Agricole CIB

Higher foreign inflows and the prospect of the RBI moving to control inflation may help control the rupee's volatility

Rupee strengthens 12 paise to 74.47 against US dollar in early trade

The Indian rupee strengthened by 12 paise to 74.47 against the US dollar in early trade on Thursday, as a dovish US Fed pulled greenback lower

Rupee depreciates 12 paise to 74.61 against US dollar in early trade

The Indian rupee depreciated 12 paise to 74.61 against the US dollar in opening trade on Wednesday as firm American currency and weak domestic equities weighed on investor sentiment

Rupee strengthens 14 paise to 74.44 against US dollar in early trade

The Indian rupee strengthened by 14 paise to 74.44 against the US dollar in early trade on Tuesday, tracking a firm trend in the domestic equity market

Rupee pares early gains to settle 6 paise higher at 74.58 against US dollar

The rupee pared some of its initial gains and settled 6 paise higher at 74.58 (provisional) against the US dollar on Monday, ahead of the release of key inflation data.

Rupee strengthened 21 paise to 74.43 against US dollar in early trade

The Indian rupee strengthened by 21 paise to 74.43 against the US dollar in early trade on Monday, tracking a firm trend in the domestic equity market

Rupee slides toward year's low against dollar as trade deficit widens

The Reserve Bank of India also has $600 billion of currency reserves to draw on to curb any sharp fall in the rupee

Forex reserves rise by $1 billion to record high of $610 billion

Gold reserves climbed $76 million to $36.372 billion in the reporting week.

Rupee slumps 17 paise to 74.79 against US dollar in opening trade

The rupee depreciated 17 paise to 74.79 against the US dollar in opening trade on Thursday, following a strong dollar overseas and subdued sentiment in the domestic equities.

Rupee declines 7 paise to close at 74.62 against US dollar as oil rises

A stronger dollar and rising crude oil prices weighed on investor sentiment.

Rupee falls 24 paise against US dollar amid rising crude oil prices

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.18 per cent to 92.38.

Dollar's near-term outlook bright, but to fade in a year: Reuters poll

A majority of analysts in Reuters polls, however, were split on the duration of the greenback's bullish trend and forecast its allure to fade in a year.

Indian rupee posts biggest monthly fall in 15 months amid high crude prices

Traders said month-end demand for dollars from oil importers was one of the main factors driving the unit lower, while weak local equities also hurt sentiment

Rupee depreciates 5 paise to 74.28 against US dollar in early trade

The Indian rupee depreciated 5 paise to 74.28 against the US dollar in opening trade on Wednesday as firm American currency and rising crude oil prices weighed on investor sentiment.

Rupee falls 4 paise to end at 74.23 as stronger dollar weighs on sentiment

At the interbank foreign exchange market, the rupee opened at 74.26 per dollar as against its previous close of 74.19.

Rupee inches 1 paisa higher to close at 74.19 against US dollar

At the interbank foreign exchange market, the rupee opened at 74.24 per dollar as against its previous close of 74.20.