Page 2 - Rupee-dollar Swap

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

Dehyping Western lifestyles: Bridging gap between expectation and reality

India would be failing in its duty to its future migrants if it does not do anything to de-market unrealistic aspirations and impossible dreams

Rupee settles flat at 87.50 against dollar after inching close to 88-level

The rupee on Monday plunged 45 paise and moved closer to the 88 per US dollar-level, weighed down by the strength of the American currency tariff concerns, but settled on a flat note at 87.50 (provisional) on suspected RBI intervention. The American currency gained in the overseas market after US President Donald Trump's plans to impose 25 per cent tariffs on steel and aluminum imports, along with reciprocal tariffs targeting countries taxing US exports. The move has added jitters over the global trade war with China's reciprocal duties coming into effect, they said. At the interbank foreign exchange, the rupee opened at 87.94 and touched an all-time intraday low of 87.95 against the American currency during the session. The local unit, however, pared the initial losses and finally settled on a flat note at 87.50 (provisional), unchanged over its previous close. On Friday, the rupee recovered 9 paise from its all-time low level to close at 87.50 against the US dollar. The rupee .

Kharge criticises Modi govt over falling rupee, failing farm income promise

Parliamentary Affairs Minister Kiren Rijiju said that Kharge had alleged that lakhs of farmers died citing NCRB data and said the Leader of Opposition should substantiate his claims.

RBI's bond holdings to be treated at par with mkt, no swap for longer debt

The government aims to conduct a switch target of 2.50 trillion rupees in the next financial year, but there is no specific amount earmarked for buybacks

Rupee posts biggest weekly gain in over a year, underperforms peers

The dollar/rupee forward premiums, meanwhile, extended declines this week, as the Reserve Bank of India conducted buy/sell swaps alongside its spot intervention

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

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

More changes likely in liquidity management framework

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

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

RBI's intervention policy unlikely to have changed

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