Page 3 - Dollar

A new Plaza Accord? Dollar's depreciation now needs no global agreement

Trump-era whispers of a 'Mar-a-Lago Accord' echo the 1985 Plaza Accord, but global realities, shifting alliances and a weaker dollar complicate any such grand bargain

Indian Rupee logs best session since March 2023 as dollar weakness deepens

The domestic currency strengthened 64 paise to end at 86.24 against the greenback after closing at 86.69 on Wednesday

Rupee gains 45 paise; Opens at 86.24/$ as dollar, oil prices extend slide

The domestic currency weakened 45 paise to open at 86.24 against the greenback after closing at 86.69 on Wednesday

Gold hits record high as US-China trade war intensifies, dollar weakens

Spot gold climbed 2.6% to $3,160.82 an ounce at 01:54 p.m. ET (1754 GMT), after hitting a record high of $3,171.49 earlier in the session

Indian Rupee ends at 86.69/$; Falls 43 paise after RBI cuts repo rate

The domestic currency weakened 43 paise to end at 86.69 against the greenback after closing at 86.26 on Tuesday

Rupee opens 19 paise lower at 86.45/$; RBI MPC's rate decision in focus

The domestic currency weakened 19 paise to open at 86.45 against the greenback after closing at 86.26 on Tuesday

Indian Rupee opens 3 paise lower at 85.87/$; RBI's MPC meet in focus

The domestic currency weakened 3 paise to open at 85.87 against the greenback after closing at 85.84 on Monday, according to Bloomberg data

Rupee inches up as dollar index moderates on US economic growth concerns

The dollar index, which measures the strength of the greenback against a basket of six major currencies, dropped below the 102 mark on Thursday

From ₹70 to ₹90 vs the dollar: Is a weaker rupee good or bad for Indian Economy? | Business news

Is a weaker rupee good or bad for India's economy? From rising inflation and trade deficits to the RBI’s role in currency stability, we break it all down.

Indian Rupee opens stronger at 85.71/$; Set for 2.5% drop in FY25

The domestic currency opened 7 paise stronger at 85.71 against the greenback after closing at 85.79 on Thursday

Indian Rupee opens 20 paise weaker as dollar rises on tariff threats

The domestic currency opened 20 paise weaker at 85.91 against the greenback after closing at 85.71 on Wednesday

Indian Rupee ends 5 paise stronger at 85.72/$, gains after one-day dip

The domestic currency ended 5 paise stronger at 85.72 against the greenback after closing at 85.77 on Tuesday

Indian Rupee gains after snapping nine-day rally; Opens at 85.68/$

The domestic currency strengthened by 9 paise to open at 85.68 against the greenback after closing at 85.77 on Monday

Indian Rupee opens at 86.23/$, climbs to highest level in eight weeks

The domestic currency opened 14 paise stronger at 86.23 against the greenback after closing at 86.37 on Thursday

Indian rupee ends at 86.37/$, logs best winning streak in over nine months

The domestic currency ended 6 paise stronger at 86.37 against the greenback after closing at 86.43 on Wednesday

RBI 'passively' absorbing dollar inflows over past sessions, say traders

Inflows related to inter-company borrowings and repatriation of corporate profits are usual in March, the last month of the financial year

Next big mkt surprise likely to be upward: Investec India's Mukul Kochhar

Kochhar says the most reliable investment approach centres around selecting mispriced stocks and holding them for the long term

Indian Rupee opens stronger, trades below 87 mark as dollar extends fall

The Rupee extends its gains to over 0.7 per cent in March after seeing five consecutive months of decline

Forex reserves decline by $1.78 billion to $638.698 billion, shows RBI data

India's forex reserves dropped by USD 1.781 billion to USD 638.698 billion in the week ended February 28, the RBI said on Friday. The overall forex kitty had jumped by USD 4.758 billion to USD 640.479 billion in the previous reporting week. At the end of September 2024, the forex reserves touched an all-time high of USD 704.885 billion. For the week ended February 28, foreign currency assets, a major component of the reserves, decreased by USD 493 million to USD 543.35 billion, the data released on Friday showed. 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. Gold reserves decreased by USD 1.304 billion to USD 73.272 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were up by USD 27 million to USD 17.998 billion, the apex bank said. India's reserve position with the IMF fell by USD 12 million to USD 4.078 billion i

Rupee falls 6 paise to 87.18 against US dollar during early trade

The rupee declined 6 paise to 87.18 against the US dollar in early trade on Friday, tracking lacklusture sentiment worldwide triggered by trade-related uncertainties and relentless outflow of foreign capital from domestic equities. However, weakening American currency index and lower level of crude oil prices helped the Indian currency prevent a sharp fall, forex traders said. At the interbank foreign exchange, the rupee opened at 87.13 and lost further to trade at 87.18 against the greenback in early deals, registering a depreciation of 6 paise from its previous closing level. Snapping its three-day rally, the rupee settled 6 paise lower at 87.12 against the US dollar on Thursday. It had gained 31 paise in the preceding three consecutive sessions. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading lower by 0.04 per cent at 103.99. Brent crude, the global oil benchmark, went up marginally by 0.20 per cent but stayed a