Page 5 - Finance News Analysis

India's foreign exchange reserves at 11-week low, down for third week

In the week gone by, the rupee depreciated 0.4 per cent against the US dollar, settling at 82.83 per US dollar on February 17

India's foreign exchange reserves at 11-week low, down for third week

The reserves stood at $566.95 billion in the week to Feb 10, down $8.3 billion from the previous week

Rupee depreciates 9 paise to 82.73 against US dollar in early trade

The rupee depreciated 9 paise to 82.73 against the US dollar in early trade on Friday, weighed down by the strength of the American currency in the overseas market.

Rupee gains 11 paise to 82.77 against US dollar in Thursday's early trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.23 per cent to 104.34

FDI equity inflow contracts 15% to $36.7 billion in Apr-Dec: Govt data

Computer software and hardware manufacturing were the highest recipient of FDI at $8.07 billion

Rupee falls 4 paise to 82.83 against US dollar on muted domestic equities

Fresh foreign fund inflows and a weak American currency against major rivals overseas capped the losses in the domestic unit, forex traders said

Rupee depreciates 3 paise to 82.76 against US dollar in early trade

At the interbank foreign exchange, the domestic unit opened weak at 82.76 against the dollar, registering a decline of 3 paise over its last close

Flows into NRI deposits up 76% to $5.4 billion in April-December

Outstanding amounts stable in December compared to November

Outward remittance in April-December almost equal to FY22 figure: RBI

In FY22, outflows under the LRS scheme at $19.61 billion was an all-time high

G-Sec auction lands on underwriters' books after 5 months; 10-yr yield up

The US Fed has hiked interest rates by a total of 450 basis points since March 2022

India's foreign exchange reserves post biggest weekly fall in 10 months

RBI likely sold dollars to shield rupee amid Fed hike concerns

RBI net bought dollar in forex market for second month in December

From June to October, the central bank sold dollars every month

India's forex reserves post biggest weekly decline in over 11 months

The reserves stood at a one-month low of $566.95 billion at the end of last week, down from $575.27 billion at the end of the prior week, during which it fell 1.5%

RBI may be selling dollars in NDF to keep rupee above 83/USD: Bankers

The central bank's move to sell dollars in the NDF before the open was likely aimed at ensuring that rupee does not fall below 83, the bankers said

Rupee depreciates 8 paise to 82.78 against US dollar in early trade

The rupee depreciated 8 paise to 82.78 against the US dollar in early trade on Friday, weighed down by a strong American currency and a muted trend in domestic equities

Rupee up 21 paise to 82.62 against dollar amid firm trend in equity mkt

Forex traders said upbeat domestic trade deficit data and foreign fund inflows supported investor sentiments

Rupee to weaken on bets of more Fed Reserve rate hikes, RBI in focus

The non-deliverable forwards indicate that the rupee will open at around 82.85-82.90 to the dollar, compared with 82.7550 in the previous session

Rupee gains 13 paise to 82.57 against dollar as US currency retreats

Forex traders said a positive trend in domestic equities and fresh foreign fund inflows also supported investor sentiments

Rupee to end FY23 stronger after recent volatility: Business Standard Poll

Amid Adani crisis, uncertain US rate view, improving fundamentals to buttress rupee

RBI updates 'Alert List' of entities not authorised to deal in forex trade

The Reserve Bank on Friday updated its 'Alert List' for the public on unauthorised forex trading platforms to include names of entities/platforms/ websites which appear to be promoting such entities