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Page 93 - Rupee

Rupee hits new low of 74.13 against dollar on RBI monetary policy surprise

On Thursday, the domestic unit plummeted by 24 paise to end at record low of 73.58 a dollar

Rupee hits new low of 74.13 against dollar on RBI monetary policy surprise
Updated On : 05 Oct 2018 | 3:32 PM IST

Rupee plunges to new low on RBI policy, breaches 74-level against dollar

In recent weeks, the rupee has taken a beating amid volatility in global markets and strengthening of the greenback

Rupee plunges to new low on RBI policy, breaches 74-level against dollar
Updated On : 05 Oct 2018 | 3:01 PM IST

Importers stuck as deals go haywire after sudden and sharp fall in rupee

Metal traders face double whammy of high global prices and a low rupee, leading to a multiple cost-push effect

Importers stuck as deals go haywire after sudden and sharp fall in rupee
Updated On : 05 Oct 2018 | 1:23 AM IST
What is the reason for sustained fall of rupee and how does it impact CAD?
Updated On : 05 Oct 2018 | 5:30 AM IST

After hitting a fresh record low of 73.81, rupee recovers to 73.74 levels

The domestic currency on Wednesday closed at a record low of 73.34, down by 43 paise or 0.59 per cent at the interbank foreign exchange.

After hitting a fresh record low of 73.81, rupee recovers to 73.74 levels
Updated On : 04 Oct 2018 | 4:33 PM IST

Rupee plummets to an all-time low of 73.80, RBI could opt for a 50 bps hike

Rising global oil prices, they climbed 2 per cent on Wednesday to hit a four-year-high, are bad news for importing nations like India

Rupee plummets to an all-time low of 73.80, RBI could opt for a 50 bps hike
Updated On : 04 Oct 2018 | 2:40 PM IST

Rupee nearing bottom, won't breach 74-mark: TCS' global treasury head

India's rate-setting panel will deliver at least two hikes in benchmark borrowing rates this year, estimated Venkatesan

Rupee nearing bottom, won't breach 74-mark: TCS' global treasury head
Updated On : 04 Oct 2018 | 1:21 PM IST

Govt considers special deposit scheme for NRIs to boost dollar inflows

The rupee hit an all-time low of 73.41 a dollar in early trade on Wednesday, and sharply lower than its previous close of 72.93

Govt considers special deposit scheme for NRIs to boost dollar inflows
Updated On : 04 Oct 2018 | 2:06 AM IST

Oil puts rupee on track to beat taper-tantrum, outpace losses seen in 2013

Rupee has been setting one record low after another recently, with overseas investors having pulled a net $9.1 billion from Indian stocks and bonds this year

Oil puts rupee on track to beat taper-tantrum, outpace losses seen in 2013
Updated On : 03 Oct 2018 | 8:50 AM IST

RBI to pump Rs 360 bn into bond markets to stem fears of cash crunch

India's bond yields dropped sharply on Monday to their lowest in more than a month as investors took in the news

RBI to pump Rs 360 bn into bond markets to stem fears of cash crunch
Updated On : 01 Oct 2018 | 12:55 PM IST

Plunging rupee prompts India to raise taxes on goods worth Rs 860 billion

Import duty raised on 19 items from jet fuel to jewellery

Plunging rupee prompts India to raise taxes on goods worth Rs 860 billion
Updated On : 27 Sep 2018 | 9:25 AM IST

RBI set to hike interest rate next week to prop up faltering rupee: Poll

The predicted rate hike would be the RBI's third this year, having lifted borrowing costs in June and August

RBI set to hike interest rate next week to prop up faltering rupee: Poll
Updated On : 26 Sep 2018 | 11:05 AM IST

Govt eyes rupee payment mechanism with Russia to curb widening CAD

Move is part of efforts to curb widening current account deficit

Govt eyes rupee payment mechanism with Russia to curb widening CAD
Updated On : 26 Sep 2018 | 1:24 AM IST

Govt's plans to boost capital inflow may not reverse rupee slide: Moody's

The Indian government estimates that the measures will increase capital inflows by $8-10 billion, or 0.3-0.4 per cent of GDP, in the fiscal year that ends March 31, 2019

Govt's plans to boost capital inflow may not reverse rupee slide: Moody's
Updated On : 24 Sep 2018 | 10:53 AM IST

How not to arrest the rupee's fall

It is not clear what items the government will treat as non-essential and if it will restrict such import through licensing or higher duties

How not to arrest the rupee's fall
Updated On : 24 Sep 2018 | 5:30 AM IST

Rupee's fall indicates rise in black money, says Subramanian Swamy

The BJP-led government at the Centre is currently under fire due to the decreasing value of the Indian rupee

Rupee's fall indicates rise in black money, says Subramanian Swamy
Updated On : 23 Sep 2018 | 5:37 PM IST

Fluctuating rupee, regulations making realty lucrative for NRIs: Experts

About 7-8% of the inventory is being bought and held by NRIs each year

Fluctuating rupee, regulations making realty lucrative for NRIs: Experts
Updated On : 23 Sep 2018 | 12:31 PM IST

Govt may lower borrowing needs to ease nervousness in bond market: Sources

Govt officials assured a select group of market participants that the bond market borrowing programme for October to March would be lower than expected

Govt may lower borrowing needs to ease nervousness in bond market: Sources
Updated On : 21 Sep 2018 | 4:18 PM IST

RBI has the reserves, if not the will, to prop up the sagging rupee

The Reserve Bank of India can sell an additional $25 billion, at least, in the foreign-exchange market, SBI estimates

RBI has the reserves, if not the will, to prop up the sagging rupee
Updated On : 19 Sep 2018 | 10:35 AM IST

'Real' depreciation of rupee against dollar is between 6-7%: IMF estimate

Indian economy is recovering strongly from the two transitory disruptions in recent years, said IMF

'Real' depreciation of rupee against dollar is between 6-7%: IMF estimate
Updated On : 18 Sep 2018 | 9:35 AM IST