Page 21 - Dollar

Rupee breaches 80/$ for first time, settles at 79.95 after RBI intervention

The rupee has depreciated 7.01 per cent against the dollar this year

Rupee at 80: Little relief on the cards from high trade deficit

Due to global risk aversion on the back of geo-political tensions and aggressive policy tightening by the Fed, the dollar has appreciated against most currencies, including the rupee

Rupee at 80: How have other currencies performed in the last six months

The Sri Lankan rupee has fallen over 66 per cent against the rupee in the last six months. It was trading at 2.7 per INR on January 19 and has fallen to 4.5 on July 19

Euro rallies after report that bigger ECB rate hike is on the cards

The euro rose to as high as $1.0254, up 1.1% on the day and its strongest since July 6 as money markets priced in a 60% chance of a 50 basis point hike on Thursday, up from 25% on Monday.

Rupee crossing 80 to the dollar is nothing to be startled about

While the impact on other currencies has been sharp with most of them depreciating, the rupee has done well, being somewhere in the middle

Euro at one-week high, rowback in Fed rate hike bets knocks dollar

The comments late last week knocked the dollar off two-decade highs and boosted global stocks and non-dollar currencies, especially the euro.

US dollar nudges down from multi-year highs as euro gasps for gas

The greenback has soared this year thanks to a combination of rising US interest rates and wobbling economies in Europe and China

Strongest dollar in a generation upends global economy, devalues currencies

The greenback is affecting everything from cost of an overseas vacation to profitability of MNCs

Rupee keeps off 80 per dollar; foreign exchange reserves at 15-month low

The country's foreign exchange reserves had declined by $8 billion in the week ended July 8 to hit a 15-month low of $580.25 billion as RBI stepped intervention in the forex market

Dollar pauses for breath as Fed leaves market pondering over rates path

The dollar index, which measures the currency versus six counterparts, edged 0.07% higher to 108.65, after reaching and then falling back from the highest since September 2002 at 109.29 on Thursday

Rupee falls to new low vs US dollar with 100-bp Fed rate hike on cards

Rupee which had closed at 79.64/$ at its previous close, slipped to a low of 79.92/$ intraday

Rupee ends at new low as global risk fears spur rush to safe-haven dollar

The rupee has already lost 0.5% to the greenback this week, taking the depreciation for 2022 so far to 6.7%

Bonanza for Indian euro loan borrowers as currency slides against dollar

Companies will have to buy fewer dollars to repay euro debt

Euro slides to parity with dollar for the first time in two decades

Heightened global uncertainty and an aggressive Fed monetary policy stance have benefited the safe-haven dollar

Share of dollar, euro in Indian trade payments up 30% since 1990s: IMF data

Research shows effect of dollar fluctuations on bilateral trade; RBI mechanism to pay in Indian rupees may help settle trade with Russia and Sri Lanka, remove risks of dealing in greenback

SBI, ICICI Bank up interest rates on certain foreign currency bank deposits

According to SBI's website, the interest rate on US dollar category deposits with maturities up to 2 and 3 years are up by 85 basis points to 2.85 per cent and 3 per cent

Rupee falls to a fresh low, just 40 paise away from 80 per dollar

The rupee settled at 79.60 per US dollar, as against 79.44 per US dollar at its previous close

Rupee down 15 paise to new low of 79.60 against US dollar

A strong greenback overseas and weakness in domestic equities continued to weigh on investor sentiments

Gold struggles for traction as interest rate hike bets, dollar dim appeal

Spot gold was little changed at $1,734.59 per ounce by 0916 GMT after hitting $1,722.36 earlier in the session, its lowest since Sept. 30. US gold futures rose 0.1% to $1,733.60.

Rupee at record low as US dollar surges globally, domestic markets fall

Fears of a global recession weigh on the unit despite RBI measures to boost dollar inflow