Tag: Indian rupee

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RBI Should Rethink Forex Strategy: Economists

RBI Should Rethink Forex Strategy: Economists

Economists said that the Reserve Bank of India (RBI) should come up with a revamped foreign exchange strategy in 2025, while also suggesting loosening [...]
Asian stocks rise, FX under pressure as U.S. rates remain in focus

Asian stocks rise, FX under pressure as U.S. rates remain in focus

* Singapore, Thailand stock markets gain 0.5% * Currencies muted as dollar near 2-yr peak * Indian rupee hits lifetime low By Himanshi Akhand Dec 24 [...]
Rupee holds ground on cenbank intervention as US election uncertainty looms

Rupee holds ground on cenbank intervention as US election uncertainty looms

The Indian rupee was nearly unchanged on Tuesday, wedged between likely foreign outflows from domestic equities and intervention by the central bank, [...]
Rupee Hits Fresh All-Time Low of 84.11, Traders Say Currency Likely to Remain in Narrow Range

Rupee Hits Fresh All-Time Low of 84.11, Traders Say Currency Likely to Remain in Narrow Range

Last Updated:November 04, 2024, 12:26 ISTThe Indian rupee has hit a fresh all-time low of 84.11 to a US dollar mainly on account of continued FPI outf [...]
India's forex reserves fall by $3.5 bn – The Economic Times

India's forex reserves fall by $3.5 bn – The Economic Times

India's forex reserves fall by $3.5 bn  The Economic Times m.economictimes.com [...]
Rupee slips to record closing low but fares better than regional peers

Rupee slips to record closing low but fares better than regional peers

The Indian rupee slipped to its weakest closing level on record on Wednesday pressured by a buoyant dollar but the local unit managed to fare better t [...]
Rupee ends at record closing low, pressured by outflows, weak Asia FX

Rupee ends at record closing low, pressured by outflows, weak Asia FX

The Indian rupee ended at its weakest closing level on record on Thursday, weighed down by strong dollar demand from foreign banks, likely due to outf [...]
Forex reserves rise $2.8 billion to a new high of $692.3 billion

Forex reserves rise $2.8 billion to a new high of $692.3 billion

Mumbai: The Reserve Bank of India's foreign exchange reserves rose to a fresh high of $692.3 billion in the week ended September 20, latest data showe [...]
Rupee falls 8 paise to 83.95 against US dollar in early trade

Rupee falls 8 paise to 83.95 against US dollar in early trade

Rupee depreciated 8 paise to 83.95 against the US dollar in morning trade on Tuesday, weighed down by elevated crude oil prices and a muted trend in d [...]
Rupee falls 7 paise to 83.84 against US dollar in early trade

Rupee falls 7 paise to 83.84 against US dollar in early trade

The Indian rupee depreciated by 7 paise to 83.84 against the US dollar in early trade on Wednesday, tracking subdued domestic equity market trend and [...]
India’s forex reserves surge to record high of $666.85 billion as of July 12

India’s forex reserves surge to record high of $666.85 billion as of July 12

India's foreign exchange reserves jumped by USD 9.699 billion, reaching an all-time high of USD 666.85 [...]
Rupee Rises 4 Paise to 83.57 vs US Dollar

Rupee Rises 4 Paise to 83.57 vs US Dollar

The Indian rupee appreciated 4 paise to 83.57 against the US dollar in early trade on Tuesday, supported by positive trend in domestic equities and fo [...]
rupee: Rupee ends flat, tracking rangebound Asian peers; Powell’s testimony in focus

rupee: Rupee ends flat, tracking rangebound Asian peers; Powell’s testimony in focus

The Indian rupee closed nearly flat on Tuesday, tracking largely subdued price action in its Asian peers, as investors awaited comments from the Feder [...]
Indian rupee: Rupee closes higher, outperforms most Asian peers in first half of 2024

Indian rupee: Rupee closes higher, outperforms most Asian peers in first half of 2024

The Indian rupee ended stronger on Friday, aided by inflows spurred by the inclusion of the country's bonds into the JPMorgan emerging market debt ind [...]
Rupee nearly flat as oil companies’ dollar bids counter gains in Asia FX

Rupee nearly flat as oil companies’ dollar bids counter gains in Asia FX

By Jaspreet KalraMUMBAI (Reuters) - The Indian rupee was little changed on Tuesday as month-end dollar demand from importers, including local oil comp [...]
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