Page 8 - Finance News Analysis

NRIs' deposits touch $134 billion in November 2022: RBI bulletin

Old data for October 2022 had shown that outstanding amounts in NRI deposits had broken the streak of continuous fall for the first time in the fiscal year

RBI net bought US dollars for first time in five months in November

The RBI purchased US dollars worth $22.28 billion and sold US dollars worth $17.92 billion in November, data in the central bank's January 2023 Bulletin showed

RBI bought net $4.36 billion in spot forex market in November, shows data

The RBI said it purchased $22.28 billion and sold $17.92 billion in the spot market

Rupee closes at 81.37 against dollar amid muted trend in domestic equities

In the previous session on Wednesday, the rupee had settled at 81.30 against the US dollar

Rupee opens at 81.45 per dollar as growth fears hit risk sentiment

The local currency on Tuesday climbed 0.6%, likely helped by dollar debt inflows, according to traders

Rupee snaps 3-day declining streak, rises 28 paise to 81.41 against dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, declined 0.45 per cent to 101.93

Rupee falls 13 paise to 81.82 against US dollar as crude oil price rise

Brent crude futures, the global oil benchmark, advanced 0.65 per cent to $86.48 per barrel

Rupee likely to fall on weak Asia foreign exchange, waning momentum

The rupee on Monday had opened higher, but reversed course on heavy dollar-buying by public sector banks to suffer its worst session against the dollar in a month

Rupee weakens amid thin volumes on FII outflow, greenback rebound

Trade volumes were thin as US markets were closed for Martin Luther King Day

Rupee pares initial gains, falls 21 paise to close at 81.59 against dollar

The domestic currency finally settled at 81.59, down 21 paise over its previous close

Forex reserves drop by $1.268 billion to $561.583 billion, says RBI

India's forex reserves declined by USD 1.268 billion to USD 561.583 billion for the week ended January 6, the Reserve Bank said

Rupee to open higher on Friday as data boosts smaller Fed rate-hike bets

The rupee was likely to be around 81.20-81.30 per dollar in early trades, compared to 81.55 in the previous session

Rupee closes at 81.57 against dollar amid muted trend in domestic equities

On Wednesday, the rupee settled at 81.68 against the US dollar

Rupee up 14 paise to 81.54 per dollar amid firm trend in domestic equities

Forex traders said sustained foreign fund outflows weighed on investor sentiments and restricted the appreciation bias

Rupee continues winning streak, gains 1.5% in 3 days on foreign flows

Reduced dollar demand from oil firms, lack of RBI dollar buys prop up rupee

Rupee gains 13 paise to 81.61 against US dollar as crude prices ease

At the interbank foreign exchange, the domestic unit opened at 81.73 against the dollar, then gained ground to touch 81.61, registering a rise of 13 paise over its previous close

Rupee gains nearly 100 paise in two days to below 82 against dollar

Overseas flows, lack of RBI dollar buys behind best rupee showing in 2 months

Rupee closes at 81.78 against dollar; biggest single-day gain since Nov

On Monday, the rupee settled at 82.35 against the US dollar

Rupee up 18 paise to 82.17 against dollar in early trade as oil prices ease

Forex traders said sustained foreign fund outflows and a weak trend in domestic equities weighed on investor sentiments and restricted the appreciation bias

Rupee closes at 82.37 against dollar amid firm trend in domestic equities

On Friday, the rupee settled at 82.66 against the dollar