Page 10 - Indian Rupee

Sensex cuts losses, up 2k pts from day's low, Nifty at 22,700; key reasons

Stock market today: Indian equity benchmark indices Sensex and Nifty staged a sharp recovery on Thursday, April 2, driven by a stronger rupee and selective buying across certain sectors

Rupee opens 130 paise higher after RBI curbs NDF trades, caps speculation

The Indian rupee opened 130 paise higher at 93.53 per dollar on April 2 after the RBI introduced fresh measures, including a ban on NDF trades, to curb forex speculation and stabilise the currency

RBI trading ban jolts India's $149 billion-a-day offshore rupee market

RBI has rolled out some of its toughest measures in more than a decade to curb speculation and support the currency, which has been setting successive record lows this year

Rupee set for more chaos as banks unwind $30 billion in arbitrage trades

RBI's clampdown on rupee trades sparks market panic, volatility spikes, and banks scramble to unwind billions in arbitrage positions

Rupee may slip further to 97/$ if West Asia war prolongs: BS poll

Don't expect rapid, drastic reversal even if calm returns, say experts

RBI's short forward book hits $77 billion, highest since March 2025

Central bank's net short dollar position in forward market rises sharply in February, with long-term tenures driving the increase

A weak rupee, high oil prices pose a double whammy for India's import bill

A weaker rupee and a war-led jump in crude may make India pay more for imports, affecting headline inflation as well as the trade deficit

Rupee breaches 95 per dollar, hits record low amid West Asia conflict

The rupee weakened past the 95 per dollar mark for the first time to 95.21 per dollar, falling 0.3% from the previous close

RBI's $100-million NOP cap: Clipping speculative wings, not growth

RBI steps in as rupee nears 95/$. Banks now capped at $100 million FX exposure to curb speculation. Will this stabilise the rupee -- or tighten liquidity? Here's what it means

RBI's move a stern warning to curb INR speculation: Abhishek Goenka

RBI has drawn a line in the sand on rupee volatility. With NOP caps, arbitrage unwinding, and possible FCNR moves - the central bank is stepping in decisively. But will it be enough>

RBI's boldest currency move in years brings rupee only brief relief

The intervention underscores the RBI's shrinking flexibility, as foreign-exchange reserves have shrunk in the first three weeks of March amid efforts to defend the rupee following the Iran conflict

RBI's FX clampdown: Temporary relief for Rupee, not a trend reversal

Rupee hits record low of 94.85 amid oil price surge, FPI outflows and RBI actions. Key factors driving INR weakness and outlook explained.

Rupee opens 125 paise higher as RBI clamps down on speculative bets

The move follows the RBI's March 27 directive, issued after market hours, capping the open positions that banks can hold in the onshore currency market at $100 million at the end of each trading day

RBI forces banks to unwind rupee bets, squeezing short sellers amid crisis

Late Friday, the RBI announced new rules capping the open positions banks can hold in the onshore currency market at $100 million at the end of each trading day

Rupee down over 4% since West Asia war began; bond yield near 2-year high

The rupee hit a record low and bond yields surged amid foreign outflows, elevated crude prices and fiscal concerns following excise duty cuts on fuel

Markets crash: Sensex down 1,700 pts intraday, Nifty below 23k; key reasons

Stock Market crash today: Sensex and Nifty 50 snapped their two-day gaining streak on Friday after US President Donald Trump extended his deadline for Iran to reopen the Strait of Hormuz to April 6

Rupee hits all-time low of 94.70 against US dollar amid global tensions

The rupee breached the 94.50-mark for the first time against the US dollar during intra-day trade on Friday and hit a record low of 94.56, weighed down by elevated oil prices and a stronger greenback amid no breakthrough in the West Asia conflict. A sharp decline in the domestic equity markets and sustained FII outflows put further pressure on the local unit, according to forex traders. At the interbank foreign exchange, the rupee opened at 94.18 and kept sliding to hit 94.56 against the US dollar during intra-day trade, down 60 paise from its previous close. The rupee slumped 20 paise to close at a record low of 93.96 against the US dollar on Wednesday. Stock, forex, commodity, and bullion markets remained closed on Thursday on account of Ram Navami. "With consistent buying from oil companies, the rupee breached 94.50 with exporters holding their inflows, while importers buy dollars for their payables," Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury

Rupee hits new low on dollar demand from maturing NDFs, month-end flows

Currency weakens to record closing low amid importer demand and NDF pressures, with central bank intervention helping prevent breach of the 94 per dollar mark

Is fuel efficiency back on the radar as crude prices surge again?

If fuel prices once again start hitting the headlines, chances are car and two-wheeler buyers will look at fuel efficiency as a key criteria for their next purchase

Rupee closes near record low, RBI intervention blunts outflow pressure

Rupee near record low despite RBI support as NDF-related dollar demand and outflows offset gains from easing oil prices and improved global risk sentiment