Page 64 - Rupee

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

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 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: 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 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: How top Indian companies hedged themselves for dollar

Reliance Industries, the Tata group, Bharti Airtel, Aditya Birla among conglomerates that took forward positions

FPIs pulled out $225 million a day from domestic stocks in 2022

The intensity of selling is the highest-ever the Indian market has witnessed as FPI selling this year has neared $30 billion (Rs 2.3 trillion)

Education abroad: Here's how to manage cost surge amid rupee's slide

With the rupee depreciating about 7-8 per cent year to date and almost touching 80 against the US dollar, parents of students who are heading for foreign shores for higher education could be forced to shell out more.

Inflation and market condition are still concerns: HUL CMD Sanjiv Mehta

Mehta also suggested that the government could use the "huge amount of reserves" to prevent the rupee from depreciating rapidly.

Explained: Why the Indian rupee is depreciating

On 19th July, the Indian rupee hit an all-time low exchange rate of 80 against the US dollar in early trade. The government said that its value had fallen by 25% since 2014.

Rupee rises 6 paise to close at 79.92 against USD as equities turn positive

At the interbank forex market, the local unit opened lower at 80.00 against the greenback and fell further to an intra-day low of 80.05.

Rupee at 80: How have other currencies performed in the last six months

The Sri Lankan rupee has fallen over 66 per cent against the rupee in the last six months. It was trading at 2.7 per INR on January 19 and has fallen to 4.5 on July 19

Ending of rate hikes in US to stem sharp rupee depreciation

With front-loaded rate hikes by the US Fed, the US dollar will remain relatively strong in the immediate term

Rupee crossing 80 to the dollar is nothing to be startled about

While the impact on other currencies has been sharp with most of them depreciating, the rupee has done well, being somewhere in the middle

Rupee at 80: Textiles, gems & jewellery upbeat, but gains may not sustain

Textile industry players indicate that the weak rupee will help the industry, which is a net exporter, to the extent of 5-10 per cent rise in profit margins

Rupee declines to record low of 80.01 to a dollar as foreign funds exit

The currency has been buffeted by nearly $30 billion of foreign outflows from the nation's equities so far this year -- a record sum

Rupee closes just 2 paise shy of 80 against US dollar as oil prices rise

Crude oil prices jumped on Monday as US President Joe Biden's talks with West Asian countries failed to culminate in an agreement to increase output

Rupee settles at 79.98 against US dollar; briefly touches 80/USD mark

The dollar index was weak in Monday afternoon trade in Asia after several Federal Reserve officials signalled they did not favour stepping up the rate hiking pace, says an analyst

Rupee close to 80 per dollar: How RBI steps may help stabilise it

Over the past month, the RBI has also taken several steps to attract fresh overseas capital to Indian markets

Trade in rupee: A little step forward but nothing more

Transactions in INR shift entire exchange rate risks to the foreign party. It is difficult to fathom why any foreign trader would agree to that