Tag: RBI intervention
Rupee hits two-week low on dollar demand and trade war volatility
The Indian rupee closed at 86.26 on Tuesday, its lowest in over two weeks and weaker by nearly half a percentage point from Monday's close, on importe [...]
Rupee depreciation: A triple attack on rupee
A huge selloff by the foreign institutional investors since October 2024 led to an increase in dollar demand in financial markets, putting pressure on [...]
India forex reserves snap three-week gains; decline USD 2.5 billion in latest week
New Delhi [India], February 23 (ANI): India's foreign exchange reserves slumped in the week that ended on February 14, reversing the gains it had ext [...]
Heavy RBI intervention helps rupee log best week in 19 months
The Indian rupee logged its biggest weekly rise against the dollar in seven months, lifted by the central bank's heavy intervention in the foreign exc [...]
Weaker rupee will help in making exports more competitive
Though the rupee has shown sustained weakness over the last few weeks, it has not been a panic move. The move has been extremely controlled and gentle [...]
India’s Forex Reserves rebound after 8 weeks of decline amid global uncertainty
India's foreign exchange (forex) reserves have seen a resurgence after an eight-week decline that pushed them to multi-month lows. According to data r [...]
Forex Reserves Slump By $2 Billion As RBI Sells Dollars To Defend Rupee
Forex reserves fall by over $2 billion, dipping for the second week in a rowIndia's foreign exchange reserves slumped by over $2 billion in the week e [...]
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