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Page 94 - Rupee

'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

Investors lose Rs 1 trillion as rupee, trade war fears spook markets

The Indian currency once again breached the 72-mark to hit a low of 72.69 (intra-day) against the US dollar

Investors lose Rs 1 trillion as rupee, trade war fears spook markets
Updated On : 17 Sep 2018 | 5:37 PM IST

Rupee plunge calls for action from govt as currency overvaluation easing

The RBI net sold $1.9 billion of foreign currency in July to support the rupee

Rupee plunge calls for action from govt as currency overvaluation easing
Updated On : 12 Sep 2018 | 1:09 PM IST

Rupee slide forces analysts to rework forecasts amid widening trade deficit

India's trade deficit for August is likely to remain at $17 billion to $18 billion, while the Federal Reserve is set to raise rates again this month

Rupee slide forces analysts to rework forecasts amid widening trade deficit
Updated On : 11 Sep 2018 | 11:41 AM IST

Govt may tap overseas Indians to plug CAD gap, says FinMin official

The RBI is intervening in the market when needed, says the official

Govt may tap overseas Indians to plug CAD gap, says FinMin official
Updated On : 11 Sep 2018 | 12:46 AM IST

Synthetic textile industry on a cusp of turnaround over rupee slide

Depreciating rupee to make India's import costlier and export beneficial

Synthetic textile industry on a cusp of turnaround over rupee slide
Updated On : 08 Sep 2018 | 9:25 PM IST

Rupee snaps 7-day falling streak, vaults 26 paise after RBI intervention

Benchmark Brent crude oil was trading at $76.74 a barrel in early Asian trade

Rupee snaps 7-day falling streak, vaults 26 paise after RBI intervention
Updated On : 07 Sep 2018 | 8:18 PM IST

RBI steps in to stem rupee fall, may have sold dollars at Rs 72 each

The rupee was trading at 71.88 to the dollar after briefly falling to 72.04 in early trade

RBI steps in to stem rupee fall, may have sold dollars at Rs 72 each
Updated On : 07 Sep 2018 | 10:47 AM IST

Weak rupee could cost India $9.5 billion more to repay foreign debt

India's short-term debt obligations, which included non-resident deposits as well as overseas commercial borrowings by companies, totaled $217.6 billion in 2017

Weak rupee could cost India $9.5 billion more to repay foreign debt
Updated On : 07 Sep 2018 | 10:03 AM IST

Rupee breaches 72 mark against dollar for the first time; RBI intervenes

The currency fell to 72.12 a dollar in intra-day trade, but closed just below the 72-mark

Rupee breaches 72 mark against dollar for the first time; RBI intervenes
Updated On : 07 Sep 2018 | 2:39 AM IST

Currency, equities' woes deepen as rupee closes at 71.76 against dollar

Rupee's nominal value in July should have been around 73.90 to show its fair value against its 36 trading partners

Currency, equities' woes deepen as rupee closes at 71.76 against dollar
Updated On : 06 Sep 2018 | 2:14 AM IST

Let it fall

RBI should not spend dollars defending the rupee

Let it fall
Updated On : 04 Sep 2018 | 11:05 PM IST

Falling rupee to keep base metals costlier in India despite global lull

While aluminium reported a weekly gain of 6.2% at Rs 150 a kg for near month delivery on Thursday on MCX, copper was up 2.3% to Rs 420 a kg

Falling rupee to keep base metals costlier in India despite global lull
Updated On : 03 Sep 2018 | 11:41 PM IST

Rupee weakness may push Reserve Bank to tighten monetary policy

The Indian currency lost 3.5% last month and is the worst performer in Asia so far this year

Rupee weakness may push Reserve Bank to tighten monetary policy
Updated On : 03 Sep 2018 | 3:38 PM IST

Downward march: Rupee breaches 71-mark against dollar for first time

The rupee has come under pressure due to a multitude of factors

Downward march: Rupee breaches 71-mark against dollar for first time
Updated On : 01 Sep 2018 | 1:35 PM IST

Rupee slumps to 71-mark first time ever, drops 26 paise against US dollar

Forex dealers said besides robust month-end demand for the American currency from oil importers, dollar's strength against its rival currencies on expectations of rising interest rates amid lingering

Rupee slumps to 71-mark first time ever, drops 26 paise against US dollar
Updated On : 31 Aug 2018 | 10:48 AM IST

Rupee sinks to all-time low of 70.82 against dollar, plunges 23 paise

The rupee had recorded a steep fall of 49 paise, to close at record low of 70.59 against the dollar in the previous session.

Rupee sinks to all-time low of 70.82 against dollar, plunges 23 paise
Updated On : 30 Aug 2018 | 10:21 AM IST

Rupee continues downward journey, touches lowest ever value of 70.51 to USD

The Reserve Bank of India likely sold dollars, though the force was mild, according to two senior forex officials at state-run banks

Rupee continues downward journey, touches lowest ever value of 70.51 to USD
Updated On : 30 Aug 2018 | 1:33 AM IST

Let rupee find its fair value, says Niti Aayog Vice-Chairman Rajiv Kumar

Kumar also said we have to do away with the mentality of judging an economy's strength

Let rupee find its fair value, says Niti Aayog Vice-Chairman Rajiv Kumar
Updated On : 28 Aug 2018 | 10:41 PM IST

Rupee leaps from life-time low to snap weeks of decline despite headwinds

Rupee leaps from life low to snap weeks of decline despite

global headwinds

Forex: The rupee staged a spirited recovery from its

life-time low to end higher by a whopping 24 paise at 69.91

against the US currency in a highly volatile week on bouts of

dollar selling by exporters and corporates.

After a seemingly endless stream of gloomy news and

falling values, sentiment has finally started to show signs of

improvement globally against the backdrop of the upcoming

visit of Chinese delegates to the US in order to re-ignite

trade talks.

Easing contagion risk on emerging-market currencies

after last weeks carnage also added a positive vibe on the

trading front.

The domestic currency larely withstood the headwinds

of surging crude prices and trade deficit worries.

The benchmark B

Rupee leaps from life-time low to snap weeks of decline despite headwinds
Updated On : 25 Aug 2018 | 4:33 PM IST