Page 73 - Finance News Analysis

From trade war to Turkey's lira crisis, factors that led to rupee's decline

The Indian currency has lost 10.5% of its value this year so far against the backdrop of India's ballooning fiscal deficit

Rupee closes at new record low of 70.16 amid volatility in currency markets

Since the beginning of this year, it has declined by only 9.8%

Here's how the rupee slump can complicate matters for Modi government

The 9.3% fall in the rupee this year has already led to a surge in local prices of goods with an imported component

Rupee breaches 70-mark against dollar, experts say volatility manageable

From the end of March 2018 to August 3, India's foreign exchange reserves were down by $21.84 billion to $402.70 billion

Rupee hits record low of 70.08 a dollar, Turkey rout complicates RBI's job

A weaker currency complicates the central bank's job of keeping prices in check as it makes imports costlier

A new all-time low: Rupee at 70 a dollar now, but let us be reasonable

The present problem is ostensibly caused by the Turkey-US diplomatic imbroglio. Such issues can snowball into something more serious; so it will be difficult to guess when the issue will get resolved

Rupee crashes to all-time low of 69.92 against dollar on Turkish Lira shock

The fall in the broader market was sharper, with two stocks declining for every one advancing on the BSE

With falling rupee, rising interest costs ring alarm bells for India Inc

Many large companies and public sector banks and financial institutions are tapping the international markets to take advantage of the cheaper funds

Rupee crashes to all-time low of 69.91 against dollar on Turkish Lira shock

Lack of FII inflows and growing oil prices are also affecting the rupee

RBI net seller of US dollar for 3rd straight month, sells $6.184 bn in June

During the reporting month, the central bank bought $4.020 billion of the US dollar, while sold $10.204 billion in the spot market

Amid currency war, rupee may touch 70 a dollar by December: BS poll

The Indian rupee has lost more than 6.5 per cent and has hit its lifetime low of 69.10 a dollar in June-end

Rupee steady at 68.70 against US dollar amid higher local equities

The rupee drew strength from rallying domestic equities, a dealer said

RBI adds gold to forex reserves in June quarter, buys 2.5 tonnes in March

At present, the central bank's total gold holding is 561.9 tonnes

Rupee retreats from 1-month-high, rises 5 paise at 68.38 against dollar

The RBI raised repo rate by 25 basis points to 6.5 per cent amid inflationary concerns

Ahead of RBI policy move, rupee slips by 5 paise to 68.59 against US dollar

Policy meetings of the US Federal Reserve (today) and Bank of England (tomorrow), are also keeping investors cautious

Forex reserves up $67.7 mn to $405.14 bn on rise in foreign currency assets

The overall forex reserves had decreased by $734.5 million to $405.075 billion in the previous reporting week

Rupee gains 6 paise against US dollar amid rally in domestic equities

Yesterday, the rupee had gained 13 paise to close at a fresh one-week high of 68.66 against the US dollar

Rupee recovers by 8 paise to 68.86 against US dollar in late morning trade

On Tuesday, the rupee dropped by 8 paise to close at 68.94 against the US currency

Rupee jumps 19 paise against US dollar to 68.65 amid weakening greenback

On Friday, rupee staged an impressive rebound from lifetime low levels, surging 21 paise to end at 68.84 against the dollar on suspected intervention by RBI to check volatility in currency markets

'Dollar to stay bullish until next month, Re may hit 70.3 in Jul-Sep qtr'

Rupee has been among the worst-performing currencies against the dollar compared with its peers so far this year and breached the 69-mark against the US dollar amid multiple headwinds