Page 75 - Us Dollar
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
 "Why the rupee at 80 against the US dollar may not be bad news?")
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")
Indian defence firms seek protection from exchange rate variation
India's private defence firms had last campaigned for ERV protection after being bruised by the rupee's fall from Rs 44 a dollar in October 2010 to below Rs 56 just a few months later
 "Indian defence firms seek protection from exchange rate variation")
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")
Oil steady as economic slowdown worries offsets tight supplies, weak dollar
Brent futures for September delivery fell 14 cents, or 0.1%, to $106.13 a barrel by 10:48 a.m. EDT, while U.S. West Texas Intermediate (WTI) crude for August fell 27 cents, or 0.3%, to $102.33
 "Oil steady as economic slowdown worries offsets tight supplies, weak dollar")
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")
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)
 "FPIs pulled out $225 million a day from domestic stocks in 2022")
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.
 "Education abroad: Here's how to manage cost surge amid rupee's slide")
No need to be 'overtly' worried about fall in rupee: DEA Secretary
The Indian currency, he said, has appreciated against several global currencies like British Pound, Japanese Yen and Euro.
 "No need to be 'overtly' worried about fall in rupee: DEA Secretary")
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 rises 6 paise to close at 79.92 against USD as equities turn positive")
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 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 at 80: Textiles, gems & jewellery upbeat, but gains may not sustain")
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 declines to record low of 80.01 to a dollar as foreign funds exit")
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 closes just 2 paise shy of 80 against US dollar as oil prices rise")
Oil back above $100 on Russian gas supply jitters, weaker US dollar
Russian gas export monopoly Gazprom declared force majeure on gas supplies to Europe to at least one major customer, potentially ratcheting up the continent's supply crunch
 "Oil back above $100 on Russian gas supply jitters, weaker US dollar")
Rupee depreciates by 25% since Dec 2014 due to global factors: FM
The value of the rupee declined from 63.33 against a dollar on December 31, 2014, to 79.41 on July 11, 2022, Finance Minister Nirmala Sitharaman said in a reply quoting RBI data.