Tag: rupee depreciation

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India’s forex reserves rise by $1.5 billion to $677.84 billion as of April 11

India’s forex reserves rise by $1.5 billion to $677.84 billion as of April 11

India's forex reserves rose by $1.5 billion to $677.84 billion as of the week ending April 11, 2025, data released by the Reserve Bank of India showed [...]
Rupee hits three-week low as RBI rate cut, trade war weigh on sentiment

Rupee hits three-week low as RBI rate cut, trade war weigh on sentiment

The Indian rupee weakened to 86.68 per dollar on Wednesday, down 42 paisa from its previous close amid worries of a growth slowdown in the backdrop of [...]
Rupee snaps 9-day rally, slips 12 paise to 85.75 amid dollar demand

Rupee snaps 9-day rally, slips 12 paise to 85.75 amid dollar demand

The Indian rupee Tuesday snapped a remarkable, unidirectional nine-day rally mimicking the turnaround in the fortunes of Mumbai equities, shedding 12 [...]
Rupee snaps 9-day rally, slips 12 paise to 85.75 amid dollar demand

Rupee snaps 9-day rally, slips 12 paise to 85.75 amid dollar demand

The Indian rupee Tuesday snapped a remarkable, unidirectional nine-day rally mimicking the turnaround in the fortunes of Mumbai equities, shedding 12 [...]
India’s forex reserves rise to $654.27 billion as of March 14

India’s forex reserves rise to $654.27 billion as of March 14

India's forex reserves increased to $654.27 billion in the week ending March 14, 2025, up by $0.305 billion, according to data released by Reserve Ban [...]
India’s forex reserves rise to $653.97 billion, up $15.26 billion as of March 7

India’s forex reserves rise to $653.97 billion, up $15.26 billion as of March 7

India's forex reserves increased to $653.97 billion in the week ending March 7, 2025, up by $15.26 billion, said the Reserve Bank of India on Friday.F [...]
India’s forex reserves down by $1.7 billion at $638.69 billion as of February 28

India’s forex reserves down by $1.7 billion at $638.69 billion as of February 28

India's forex reserves fell to $638.69 billion in the week ending February 21, 2025, down by $1.7 billion, said the Reserve Bank of India on Friday.In [...]
Rupee depreciation: A triple attack on rupee

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 [...]
No level for rupee in mind, market forces decides forex rate: RBI Guv

No level for rupee in mind, market forces decides forex rate: RBI Guv

New Delhi, Reserve Bank Governor Sanjay Malhotra on Saturday said that the market forces decide the value of rupee with respect to the US dollar and [...]
Weaker rupee will help in making exports more competitive

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 [...]
RBI currency intervention: RBI may limit interventions to keep rupee competitive

RBI currency intervention: RBI may limit interventions to keep rupee competitive

Mumbai: The Reserve Bank of India (RBI) may shift its currency intervention strategy to allow the depreciation of the rupee in line with its emerging [...]
India’s forex kitty falls $2.6 billion to $682 billion as of November 1

India’s forex kitty falls $2.6 billion to $682 billion as of November 1

Mumbai: Reserve Bank Of India's (RBI) foreign exchange reserves fell by $2.6 billion to $682.1 billion for the week ended November 1, latest central b [...]
RBI injects funds to rein in bank funding costs amid forex outflows

RBI injects funds to rein in bank funding costs amid forex outflows

Mumbai: The Reserve Bank of India's move on Friday to inject funds into the banking system despite the prevalence of a headline liquidity surplus refl [...]
Currency news: Rupee falls 2 paise to 83.95 against US dollar in early trade

Currency news: Rupee falls 2 paise to 83.95 against US dollar in early trade

The rupee depreciated 2 paise to 83.95 against the US dollar in morning trade on Wednesday, weighed down by a muted trend in domestic equities. Forex [...]
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