Page 70 - Rupee Vs Dollar

Rupee hits fresh all time low as investors rush for safe haven assets

The Reserve Bank of India has beefed up its intervention in the currency market which slowed the pace of the fall

Rupee hits a fresh intra-day low, cuts losses as RBI intervenes

Gold reserves increase by over 100 tonnes in two years

Rupee appreciates 17 paise to 77.17 against US dollar in early trade

The rupee appreciated 17 paise to 77.17 against the US dollar in opening trade on Wednesday as the American currency retreated from its elevated levels

TMS Ep169: Weak rupee, 5G auction, Q&A with Mark Matthews, Open RAN

How a weaker rupee will impact the Indian economy and people? Why does a lukewarm response await the 5G auction? Are the markets heading into a bear phase? What is Open RAN? All answers here

How a weaker rupee will impact the Indian economy and people?

Indian rupee touched an all-time low against a surging US dollar. Every 5% fall in the rupee adds about 10-15 bps to the inflation. So, what does a weaker rupee mean for the Indian economy?

RBI steps in to stem rupee fall, defends 77.50 per dollar level

Sources said the RBI aims to maintain foreign exchange reserves of $600 billion in such uncertain times

Currency woes: FPIs take deeper cuts in portfolios than domestic players

Domestic buyers are increasing their stakes even as foreign investors have been exiting, noted an April 27 India Equity Strategy Report by Morgan Stanley

Rupee recovers 12 paise, ends at 77.32 to the dollar as crude prices fall

Snapping its two-day losing streak, the rupee appreciated 12 paise to end at 77.32 (provisional) against the US dollar, supported by a rebound in regional currencies and fall in crude oil prices

Rupee likely to hit 78 per dollar by May-end; hits fresh all-time low

The previous all-time low was hit on March 7, when the rupee ended the day at 76.97 to a dollar

Investors' wealth tumbles over Rs 7.73 trn in two days amid market collapse

Weakness in global markets, unabated foreign fund outflows and the rupee plunging to its life-time low against the US dollar have weighed on sentiment.

Top headlines: Indian rupee plummets to all-time low; Sri Lankan PM resigns

India's government asks the Supreme Court not to invest time in examining the constitutional validity of the penal law on sedition.

Rupee slumps 60 paise to close at all-time low of 77.50 against US Dollar

Rupee extended its losses and slumped 60 paise to close at a record low of 77.50 (provisional) against the US dollar, pressured by the strength of currency overseas and unabated foreign fund outflows

Rupee reaches all-time low of 77.42 per dollar amid rising crude oil prices

The hawkish stance of the US Federal Reserve has resulted in the hardening of the US bond yields with the dollar index strengthened to 20 year high

Rupee hits all-time low; foreign exchange reserves below $600 billion

Double-digit BoP deficit seen in FY23, says Standard Chartered

Rupee weakens against US dollar in early trade, falls 38 paise to 76.73/$

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.13 per cent lower at 103.61

Rupee ends flat against US dollar amid forex outflows, oil prices decline

The rupee pared initial gains to settle almost flat against the US dollar on Monday as subdued domestic equities offset the impact of a sharp decline in global crude oil prices. A strengthening American currency overseas and continuous foreign fund outflows also weighed on the domestic unit, forex traders said. At the interbank foreign exchange market, the rupee opened slightly higher at 76.48 against the American dollar and gained further ground to trade at 76.35. It oscillated between a high of 76.35 and a low of 76.51 during the session. The rupee finally settled at 76.51 against the dollar, showing a marginal fall of 1 paisa. Brent crude futures, the global oil benchmark, declined 2.61 per cent to USD 104.34 per barrel. On the domestic equity market front, the 30-share BSE Sensex ended 84.88 points or 0.15 per cent lower at 56,975.99, while the broader NSE Nifty fell 33.45 points or 0.20 per cent to 17,069.10. Meanwhile, the dollar index, which gauges the greenback's strength

Rupee surges by 18 paise to close at 76.43 against US dollar

At the interbank forex market, the domestic unit opened at 76.62 against the US dollar

Indian Rupee settles 4 paise higher at 76.53 against US dollar

The rupee pared initial losses to settle 4 paise higher at 76.53 (provisional) against the US dollar on Thursday, tracking positive domestic equities. The appreciation bias in the local unit is likely to be capped in the near term amid strong American currency, inflationary concerns and fears about an aggressive pace of the US rate hikes, traders said. At the interbank forex market, the rupee opened at 76.60 against the greenback and moved in a range of 76.43 to 76.71 in the day trade. It finally closed at 76.53, registering a rise of just 4 paise over its previous close of 76.57. On Wednesday, the rupee had settled almost flat at 76.57 against the US dollar. "Rupee weakened in the first half of the session but rose in the latter half despite broader gains in the dollar. The dollar has been rising on the expectation that the Fed could raise rates at the next week's meeting," said Gaurang Somaiya, Forex & Bullion Analyst, Motilal Oswal Financial Services. Inflation remains a ...

Rupee slumps 16 paise to 76.72 against US dollar in early trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent higher at 102.34

Rupee falls by 23 paise to 76.65 against US dollar in early trade

The rupee declined 23 paise to 76.65 against the US dollar in the opening trade on Monday tracking the strength of the dollar in the overseas market. At the interbank foreign exchange, the rupee opened on a muted note at 76.58 against the American dollar, then fell and touched an early low of 76.65 in initial deals, registering a fall of 23 paise over its previous close. On Friday, The rupee declined by 25 paise to close at 76.42 against the US currency. The rupee opened weaker against the US dollar weighed by hawkish comments from Federal Reserve Chair Jerome Powell last week, said Sriram Iyer, Senior Research Analyst at Reliance Securities. Most Asian and emerging market peers are trading weaker this Monday morning and could weigh on sentiments. Meanwhile, global oil benchmark Brent crude futures fell 2.85 per cent to USD 103.61 per barrel. The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.02 per cent to 101.23. On the domestic