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Rupee-dollar Swap

Rupee gave up early gains post Trump's Mexico, Canada tariff threat

The Reserve Bank of India (RBI) intervened in the foreign exchange market via dollar sales to avoid further depreciation of the rupee

Rupee gave up early gains post Trump's Mexico, Canada tariff threat
Updated On : 21 Jan 2025 | 11:13 PM IST

RBI may turn to longer buy-sell swaps amid rising $ short positions

More changes likely in liquidity management framework

RBI may turn to longer buy-sell swaps amid rising $ short positions
Updated On : 20 Jan 2025 | 11:39 PM IST

After 5-day streak of lows, rupee posts best day in 7 mths against dollar

A narrowing trade deficit in December, down to $21.94 billion down from a record $31.86 billion in November, further bolstered market sentiment

After 5-day streak of lows, rupee posts best day in 7 mths against dollar
Updated On : 15 Jan 2025 | 11:52 PM IST

Rupee hits new low of 86.68 per dollar as oil importers boost demand

RBI's intervention policy unlikely to have changed

Rupee hits new low of 86.68 per dollar as oil importers boost demand
Updated On : 14 Jan 2025 | 11:10 PM IST

Rupee recovers from record low to settle 8 paise higher at 86.62/$

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.39 per cent lower at 109.38

Rupee recovers from record low to settle 8 paise higher at 86.62/$
Updated On : 14 Jan 2025 | 4:01 PM IST

Rupee hits 86 against US dollar for the first time, closes 14 paise lower

The rupee declined 14 paise and touched the crucial 86.00-mark (provisional) for the first time against the US dollar on Friday as it failed to resist pressure from a stronger American currency and huge outflow of foreign funds. Surging crude oil prices overseas and negative sentiment in domestic equity markets also weighed down the Indian currency, forex traders said. Also, dollar strengthened on increased demand amid the anticipation of restrictive trade measures by the new US administration after Donald Trump takes over as president on January 20. At the interbank foreign exchange, the rupee opened at 85.88, hit the intra-day peak of 85.85 before settling at the lowest-ever level of 86.00 (provisional) against the greenback, 14 paise lower from its previous close. On Thursday, the rupee gained 5 paise to settle at 85.86 against the US dollar, recovering from the steep decline of 17 paise in the preceding session. Anuj Choudhary, Research Analyst at Mirae Asset Sharekhan, said t

Rupee hits 86 against US dollar for the first time, closes 14 paise lower
Updated On : 10 Jan 2025 | 7:31 PM IST

Softening base metal prices cushion rupee fall for consumer durables makers

In the last three months, the rupee has depreciated 2.2 per cent against the dollar, which typically hurts consumer durable companies.

Softening base metal prices cushion rupee fall for consumer durables makers
Updated On : 09 Jan 2025 | 12:43 AM IST

Rupee falls to new low of 85.83 as dollar hovers near two-year high

The local currency settled at Rs 85.78 per dollar on Friday

Rupee falls to new low of 85.83 as dollar hovers near two-year high
Updated On : 06 Jan 2025 | 10:56 PM IST

Weakening rupee may not be shot in the arm for India's pharma exporters

The rupee has been hovering above Rs 85 mark vis-a-vis the US dollar in the recent past

Weakening rupee may not be shot in the arm for India's pharma exporters
Updated On : 05 Jan 2025 | 11:26 PM IST

Rupee logs 9th straight week of losses, analysts expect more weakness

The rupee may touch the 86-per-dollar mark in the short term, said Jigar Trivedi, a senior analyst at Reliance Securities, who recommends buying the dollar-rupee pair on every dip

Rupee logs 9th straight week of losses, analysts expect more weakness
Updated On : 03 Jan 2025 | 4:21 PM IST

On slippery slope: Rupee hits fresh low, extends losing streak to 7 years

Despite the decline, India's foreign exchange reserves remain the fourth largest in the world

On slippery slope: Rupee hits fresh low, extends losing streak to 7 years
Updated On : 31 Dec 2024 | 11:36 PM IST

Rupee gains slightly as very-near-tenor dollar-rupee swap rates surge

Despite last week's slump, the rupee has fared better than most of its Asian peers over the December quarter

Rupee gains slightly as very-near-tenor dollar-rupee swap rates surge
Updated On : 30 Dec 2024 | 1:08 PM IST

Rupee hits new low of Rs 85.54 after worst intraday fall in 2 years

Weakens below 85.8 intraday, RBI does rescue act

Rupee hits new low of Rs 85.54 after worst intraday fall in 2 years
Updated On : 28 Dec 2024 | 1:15 AM IST

Rupee falls to new low of 85.27 as importers stock up dollar at month end

The local currency had settled at Rs 85.20 per dollar on Wednesday

Rupee falls to new low of 85.27 as importers stock up dollar at month end
Updated On : 27 Dec 2024 | 12:59 AM IST

Rupee hits all-time low pressured by weak Yuan, strong dollar bids

The RBI's frequent interventions have supported the rupee in the face of multiple headwinds, including a hawkish shift in the Federal Reserve's outlook for policy rates over 2025, concerns about India

Rupee hits all-time low pressured by weak Yuan, strong dollar bids
Updated On : 23 Dec 2024 | 4:06 PM IST

Rupee rebounds after hitting Rs 85.11, settles at Rs 85.02 per dollar

The rupee had settled at Rs 85.07 per dollar on Thursday

Rupee rebounds after hitting Rs 85.11, settles at Rs 85.02 per dollar
Updated On : 20 Dec 2024 | 8:00 PM IST

Rupee ends marginally lower, near-term bearish bias tipped to persist

While the rupee touched a low of 84.7350 during the session, mild dollar sales from state-run banks helped avoid further losses, traders said

Rupee ends marginally lower, near-term bearish bias tipped to persist
Updated On : 09 Dec 2024 | 4:12 PM IST

Reserve Bank likely conducting dollar-rupee swaps to support currency

The currency has largely remained under pressure over the last two months on the back of heightened foreign portfolio outflows and a wave of dollar strength sparked by the Donald Trump's victory

Reserve Bank likely conducting dollar-rupee swaps to support currency
Updated On : 04 Dec 2024 | 3:04 PM IST

Rupee drops 4 paise to all-time low of 84.76 per US dollar in early trade

The rupee fell 4 paise to all-time low of 84.76 against the US dollar in early trade on Tuesday, as the strength of the American currency in the overseas market and unabated foreign portfolio outflows dented investor sentiments. Forex traders said the depreciation in rupee was largely on the back of Donald Trump's rhetoric on BRICs currency, political instability in the Eurozone, weaker domestic macroeconomic indicators and unabated foreign portfolio outflows. President-elect Donald Trump on Saturday threatened a 100 per cent tariff on the BRIC bloc of nations if they act to undermine the US dollar. Moreover, market participants are also awaiting cues from the upcoming RBI monetary policy on December 6, which will likely focus on balancing inflation and growth. At the interbank foreign exchange, the rupee opened at 84.75 and moved in a tight range and touched all-time low of 84.76 against the greenback, registering a fall of 4 paise over its previous close. On Monday, the rupee ..

Rupee drops 4 paise to all-time low of 84.76 per US dollar in early trade
Updated On : 03 Dec 2024 | 10:40 AM IST

Rupee flat amid month-end dollar bids and likely RBI intervention

Dollar bids from foreign banks and importers weighed on the rupee, a trader at a private bank said. Other Asian currencies were mixed, while the dollar index trimmed losses after falling 0.7%

Rupee flat amid month-end dollar bids and likely RBI intervention
Updated On : 28 Nov 2024 | 12:03 PM IST