Page 74 - Finance News Analysis

Rupee slips by 2 paise to 68.47 against dollar as greenback demand surges

The 30-share BSE Sensex is trading higher by 87.76 points or 0.24% at 36,607.72

RBI intervention to high tariffs: What can be done to cushion rupee's fall

With current-account deficit set to widen, thanks to higher oil prices and outflows from stocks and bonds, the rupee could be in for more weakness after it plunged to a record 69.0925 against dollar

As greenback strengthens overseas, rupee slips 5 p to 68.87 against dollar

On Tuesday, the rupee ended lower by 10 paise to close at 68.82 against the US currency due to fresh buying of the dollar by importers after the greenback rebounded in global markets

Rupee gains 30 paise amid dollar selloffs, higher equity opening

On Friday, the rupee had gained 8 paise to end at 68.87 against the US currency

Amid oil price hike and dollar strength, rupee may hit 70 mark this week

The Reserve Bank of India (RBI), however, will not be comfortable with the currency touching 70 and would strongly defend the same

RBI favouring currency futures market to prop up rupee from record low

Capital outflows, sparked by India's widening current-account deficit and the risk-off mood that's roiled emerging markets recently, have put the rupee under pressure

Rupee recovers from intra-day low of 69.03 to trade at 68.82 against dollar

Major currencies traded lower in early Asian trade mostly due to demand for the US currency and a lower opening in the domestic equity market

Rupee may stay near record low over trade war risk, rising oil costs: Poll

The rupee was forecast to weaken to 68.90 per dollar by June 2019, according to a poll of 45 strategists taken July 2-5

Rupee sees record closing low of 68.93 against dollar

The tariff war imposed by the US on Chinese goods, estimated at $34 billion starting Friday, has forced the Chinese currency to depreciate

Rupee expected to remain in 68-72 per USD range in short-term: UBS report

The UBS forex team expects a weaker USD despite US fiscal impulse and higher yields and retains its forecasts of USD/INR at 66 by end of this fiscal and 66.5 by end of the financial year 2019-20

As rupee approaches 70, Assocham urges RBI, FinMin to ensure stability

This comes after the Indian Rupee plunged to an all-time low of Rs 68.89 per US dollar earlier this week

Rupee may cross 70 in the short-term, but only for a brief period: Experts

The main reason for rupee's depreciation is rising oil prices, caused by the sanctions on Iran and flat production by other oil producing majors

Forex reserves dip by $2.3 bn to $407.8 bn as foreign currency assets fall

Gold reserves rose by $102.9 mn to $21.331 bn in the reporting week

Will rupee breach 70? Indian currency sinks to record low against US dollar

The immediate concern for the rupee is the sharp spike in oil prices

Govt appoints Arijit Basu as SBI MD after Rajnish Kumar's elevation

Government has appointed deputy managing director Basu as managing director with effect from the date of taking over charge till his superannuation in October 2020

Crisis of confidence in banking provides an opportunity to unleash reforms

The government's response to the issue of bad loans has been to bail out the errant banks with taxpayer's money

Rupee falls to fresh 1-month low, down 42 paise against dollar

Weakness in the domestic stock market weighed on the rupee at the Interbank Foreign Exchange market

Govt may have to borrow more

Dependence on domestic debt aids rupee slide, says Moody's

Financial systems are stronger than at the time of the 'taper tantrum' in 2013

Rupee nears its all-time low on global cues; Sensex drops 306 points

The rupee dropped 0.6 per cent to a 17-month low of 68.42 against the dollar