Page 2 - Rupee-dollar Swap

Rupee slips to 88.13 as hawkish Fed cut ends four-day winning streak

The rupee fell to 88.13 per dollar after the US Fed's hawkish 25 bps cut, ending a four-day rally, as bond yields rose on selling by dealers and supply-demand mismatch

Rupee ends at 88.16, pares early gains on importer dollar demand

The rupee gained in early trade on strong equities and trimmed offshore positions but settled at 88.16 a dollar as importer demand offset support from economic data

RBI's net short dollar position in forwards dips to $60.29 bn by June-end

The Reserve Bank's short dollar position has declined for four consecutive months, down from its February peak of $88 billion

Rupee weakens to over four-month low on importers' US dollar demand

The rupee fell to its lowest level since March 13 as importer dollar demand, trade deal uncertainty, and foreign outflows weighed on sentiment amid RBI liquidity measures

Rupee strengthens on hopes of India-US trade deal, crude prices fall

The rupee rose to 85.19 against the US dollar as hopes of a trade deal between India and the US grew, while falling crude oil prices also supported the currency's gains

Rupee strengthens on hopes of India-US trade deal, crude prices fall

The rupee rose to 85.19 against the US dollar as hopes of a trade deal between India and the US grew, while falling crude oil prices also supported the currency's gains

Rupee strengthens on hopes of India-US trade deal, crude prices fall

The rupee rose to 85.19 against the US dollar as hopes of a trade deal between India and the US grew, while falling crude oil prices also supported the currency's gains

Call, TREPs rates rise post VRRR auction; rupee logs 2-year best gain

Overnight rates climbed after RBI's VRRR auction while the rupee gained 1.3 per cent during the week, marking its strongest performance since January 2023

Rupee future trade shrinks on NSE, partly shifts to Singapore Exchange

RBI direction on currency futures is said to be the reason for the trend in contracts

RBI winds down offshore currency tool reflecting shift in strategy

Reduction in the offshore exposure accounts for most of the recent drop in the RBI's overall forward dollar positions

Rupee weakens after two-day rally as dollar strengthens, crude rises

The local currency has appreciated by 0.1 per cent against the dollar in the current financial year so far, whereas, in the current calendar year so far, it has witnessed 0.3 per cent appreciation

Rupee appreciates beyond 85 per dollar, pares gains on RBI intervention

The rupee gained as the dollar index fell, but pared gains to close at 85.09 per dollar amid likely dollar buys by the RBI through state-run banks

Rupee depreciates to over one-month low as FPIs sell equities

Rupee falls to 86/$ for the first time since April 11 amid equity outflows and stop-loss orders, while bond yields ease on expectations of RBI's surplus transfer

Rupee weakens on importers' demand amid decline in the dollar index

The rupee closed at 85.55 against the dollar on Thursday amid oil importer demand, while RBI bond purchases and soft crude prices supported market sentiment

Rupee weakens 18 paise as foreign banks buy dollars, Asian currencies slip

The rupee fell to 84.44 against the dollar as foreign banks stocked up on greenbacks and Asian currencies weakened, with losses capped by a dip in the dollar index

Forex, interest rate traders turn cautious after Pahalgam terror attack

A day after the attack, the Indian rupee posted its worst performance in two weeks, falling to 85.6625 against the US dollar on Thursday

Rupee rises 12 paise to 86.25 against US dollar in early trade today

The rupee appreciated 12 paise to 86.25 against the US dollar in early trade on Thursday, tracking positive domestic equities and the weakness of the American currency in the overseas market. Forex traders said the Indian rupee has staged a counterattack against external pressures, gaining support from strong foreign inflows into debt markets. However, risks remain due to unabated foreign institutional investor sell-off and uncertainty surrounding Trump's tariff stance could pose challenges to the rupee's upward momentum. At the interbank foreign exchange, the rupee opened at 86.39 against the greenback, then gained some ground and touched 86.25, up 12 paise from its previous close. On Wednesday, the rupee appreciated 19 paise to close at 86.37 against the US dollar. "The USD-INR pair is expected to trade between 86.00 and 86.80 in the near term. With FII outflows and liquidity deficit conditions persisting, a slight rebound towards the 86.50-86.60 range is likely," CR Forex Advis

'Impossible trinity' fuels cash crunch as Asia battles strong dollar

These moves are explained by what economists call the impossible trinity, the idea that countries can't simultaneously control their currencies

RBI announces Rs 1 trn bond buy, $10 bn $-Re swap to infuse liquidity

The central bank announced open market operations (OMO) auctions to purchase government securities worth Rs 1 trillion in two tranches of Rs 50,000 crore each on March 12 and March 18

Rupee settles 19 paise higher at 87.00 against dollar amid fall in crude

Concerns about the US growth outlook alongside uncertainty about the growth-inflation impact of trade tariffs have weighed on the dollar and US bond yields over recent sessions