Page 64 - Rupee Vs Dollar
Next pain point for the rupee: $79 billion of unhedged offshore loans
The nation's firms had $79 billion of unhedged offshore loans at the end of March, about 44% of their total overseas borrowings, according to the latest data from the Reserve Bank of India
 "Next pain point for the rupee: $79 billion of unhedged offshore loans")
Rupee falls by 1 paisa to all-time low of 80.06 against US dollar
The rupee depreciated 1 paisa to its all-time low of 80.06 against the US dollar in opening trade on Thursday amid demand for dollar from oil importers and firm crude oil prices
 "Rupee falls by 1 paisa to all-time low of 80.06 against US dollar")
India's economic recovery falters as high prices, falling rupee bite
India's economic activity showed early signs of cooling off in June as acute price pressures, rising interest rates, and a falling rupee dampened sentiment after a strong showing the previous month
 "India's economic recovery falters as high prices, falling rupee bite")
Rupee depreciation against US dollar lower than other major currencies: CEA
CEA Nageswaran said that the depreciation of the rupee against the US dollar has been lower than other major global currencies such as the Euro, the British pound and the Japanese yen
 "Rupee depreciation against US dollar lower than other major currencies: CEA")
Rupee closes shy of 80/$ as RBI shields currency, exporters sell dollars
The rupee settled at 79.99 per dollar on Wednesday - a fresh closing low for the Indian unit versus the greenback
 "Rupee closes shy of 80/$ as RBI shields currency, exporters sell dollars")
RBI prepared to spend $100 bn more for defending rupee, says report
Most analysts and traders believe worst is yet to come for the rupee, despite the RBI's intent to defend the currency and India's sound macroeconomic fundamentals
 "RBI prepared to spend $100 bn more for defending rupee, says report")
Rupee closes below 80 mark for first time against dollar
The rupee declined 13 paise to close below the 80 mark for the first time against the US currency on Wednesday due to strong dollar demand from importers amid high crude oil prices. At the interbank foreign exchange market, the local currency opened at 79.91 and later slid to a low of 80.05 to a dollar. The rupee traded in a range of 79.89 to 80.05 in the day trade. It finally settled at the day's low level of 80.05, showing a loss of 13 paise over the previous close. On Tuesday, the rupee recovered from its all-time low of 80.05 to close 6 paise higher at 79.92 against the US dollar following forex inflows and suspected RBI intervention. Forex traders said significant dollar demand from oil importers, firm crude oil prices as well as concerns about swelling trade deficit weighed on investor sentiments. "Overall gains in crude in the last few days where Brent has risen again above USD 105 and lack of intervention from RBI has kept the rupee hovering around 80.00. Going ahead rupee
 "Rupee closes below 80 mark for first time against dollar")
Amid hiked dollar demand from oil importers, rupee falls 4 paise to 79.96
The rupee depreciated 4 paise to 79.96 against the US dollar in opening trade on Wednesday amid demand for dollar from oil importers and firm crude oil prices
Rupee at 80: The Indian tradition of political involvement in exchange rate
Despite the Sangh Parivar's belief that a strong rupee is good, the govt has seen the wisdom of letting it depreciate gradually
Top Headlines: Rupee breaches 80/$ for 1st time, Right to Repair, and more
The rupee on Tuesday weakened past 80 per dollar for the first time but went on to recover lost ground
 "Top Headlines: Rupee breaches 80/$ for 1st time, Right to Repair, and more")
TMS Ep219: Falling rupee, Ashish Chauhan, fertilisers stocks, Movius app
Why's the depreciating rupee against USD not a bad news? What challenges await Ashish Chauhan at NSE? Are fertiliser stocks a good bet as monsoon sets in? What is Movius app? All answers here
 "TMS Ep219: Falling rupee, Ashish Chauhan, fertilisers stocks, Movius app")
Why the rupee at 80 against the US dollar may not be bad news?
Exchange rate of the rupee fell to Rs 79 per US dollar this week. Rupee also strengthened against G10 currencies like euro, yen and pound sterling. Find out the virtues and vices of depreciating rupee
Rupee at 80: Signs of lower FY23 GDP and corporate sector growth
The correlation coefficient between the year-on-year (YoY) change in corporate sector revenue and the rupee exchange rate is minus 0.63 since 2003-04 (FY04)
With rupee at 80, how to tackle cost of studying and travelling abroad
Education consultants advise parents to prepare for at least 2% annual increase in costs for children abroad
 "With rupee at 80, how to tackle cost of studying and travelling abroad")
Rupee breaches 80/$ for first time, settles at 79.95 after RBI intervention
The rupee has depreciated 7.01 per cent against the dollar this year
 "Rupee breaches 80/$ for first time, settles at 79.95 after RBI intervention")
Rupee at 80: Little relief on the cards from high trade deficit
Due to global risk aversion on the back of geo-political tensions and aggressive policy tightening by the Fed, the dollar has appreciated against most currencies, including the rupee
 "Rupee at 80: Little relief on the cards from high trade deficit")
Rupee at 80: Neutral impact for India's pharma industry, say experts
India's pharma sector exported drugs worth Rs 1.8 trillion in 2021-22, while APIs worth Rs 30,000 crore were imported
 "Rupee at 80: Neutral impact for India's pharma industry, say experts")
Rupee at 80 to the dollar: IT services and tech industry to get a leg up
As the rupee touches 80 to the dollar, the extent of gains for Indian companies may differ basis their exposure to non-US regions and the performance of their currencies
 "Rupee at 80 to the dollar: IT services and tech industry to get a leg up")
Rupee at 80 to the dollar: Forex deficit to hurt India Inc's margins
As the rupee touches the 80-mark against the dollar, this depreciation is likely to prove expensive for corporate India
 "Rupee at 80 to the dollar: Forex deficit to hurt India Inc's margins")
Rupee at 80: How top Indian companies hedged themselves for dollar
Reliance Industries, the Tata group, Bharti Airtel, Aditya Birla among conglomerates that took forward positions
 "Rupee at 80: How top Indian companies hedged themselves for dollar")