Page 23 - Currency Market

Rupee slumps 30 paise to 75.08 against US dollar after hawkish Fed stance

Registering its third straight session of loss, the Indian rupee on Thursday depreciated by 30 paise to close at 75.08 (provisional) against the US dollar

Sell dollar for everything else is echoing across world trading rooms

A growing chorus of investors is betting the world's reserve currency has reached a peak in a dramatic turnaround from a month ago.

Rupee gains on jobs data, bond prices down on rate hike agenda

The rupee strengthened to its two-month high, as dollars pertaining to bonds raised by Reliance Industries (RIL) continued to pour into the country alongside some inflows into Indian equities

Forex reserves decline by $1.46 billion to $633.61 billion

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves

Dollar jumps to five-year high versus yen; rupee slides 30 paise

The dollar index rose 0.009 per cent, with the euro up 0.03 per cent to $1.1297

Dollar celebrates 2022 with gains amid positive new year mood

But with London, Europe's main FX trading centre closed for a market holiday, volume was expected to remain limited

Rupee settles 3 paise up at 74.26/USD in first trading session of 2022

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, advanced 0.11 per cent to 95.77

Rupee ends 2021 on positive note; settles 13 paise higher against US dollar

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.04 per cent to 95.92

Indian Rupee jumps 29 paise to close at 74.42 against US dollar

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, rose 0.26 per cent to 96.18

Rupee snaps 9-day winning streak, slips 3 paise against US dollar

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, advanced 0.18 per cent to 96.37

Rupee jumps 34 paise to close session at 74.66 against US dollar

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.08 per cent to 96.02

Rupee pares initial losses, settles 3 paise higher at 75 against US dollar

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, rose 0.21 per cent to 96.21

Indian Rupee gains 24 paise to close at 75.02 against US dollar

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.06 per cent to 96.01

Forex reserves decline by $160 million to $635.67 billion

Gold reserves rose by $475 million to $39.183 billion in the reporting week

'Santa Claus' rally brings out the bulls as Omicron fears ebb

The rise of risk-on investments ahead of Christmas, dubbed a "Santa Claus rally" by traders, also nudged gold and oil higher

Indian Rupee jumps 30 paise against US dollar to end day at 75.24

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, rose 0.03 per cent to 96.10

As global funds shun India, rupee turns into worst currency in Asia

The currency declined 2.2% this quarter as global funds pulled $4 billion of capital out of the country's stock market, the most among regional markets where data is available.

Dollar steady, riskier currencies fall on Omicron variant fears

With last week's slew of major central bank meetings out of the way, investors turned their focus to the rapid spread of the variant

Dollar struggles after global central banks show their hands

After a turbulent week, the dollar index was little changed on the day

Afghan currency slides, prices surge as economic crisis worsens

The market remains volatile, and the devaluation is already impacting Afghans