Tag: US Federal Reserve
Rupee logs best single-day gain since late Nov to close at 85.71 against US dollar
The Indian rupee logged its biggest single day gain since late November, to close at 85.71 per US dollar on Tuesday, up 12 paisa from its previous clo [...]
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 [...]
Raghuram Rajan calls upon EMs to build forex reserves
Emerging-market authorities must take action to protect their economies against spillovers from “populist and extreme" mac [...]
forex: India’s forex reserves rise $5.98 bn to $578.7 bn
India's foreign exchange reserves rose $5.98 billion to $578.7 billion as on March 17, 2023, Reserve Bank of India (RBI) data showed on Friday. Data f [...]
Forex kitty down $15 bn in Feb as RBI steps in to stem rupee fall
The country’s foreign exchange reserves declined by over $15 billion in February as the Reserve Bank intervened in the forex market to stem a fall in [...]
Forex Kitty Rises $2.9bn To $550bn | Mumbai News
Mumbai: The country’s foreign exchange reserves increased by $2.9 billion to $550 billion during the week ended November 25. This is the third consecu [...]
nobel: Rupee should stabilise once US reduces speed of its rate increases: Economics Nobel winner
Douglas W Diamond, winner of this year's Nobel Memorial Prize in Economic Sciences, says it is difficult to predict exchange rates but the rupee shoul [...]
rbi: RBI dive in forex markets keeps rupee from sinking below 80
The Reserve 's (RBI) calibrated and timely interventions in the foreign-exchange markets ensured the rupee stayed within the 80 mark to the US dollar, [...]
rbi: RBI dive in forex markets keeps rupee from sinking below 80
The Reserve 's (RBI) calibrated and timely interventions in the foreign-exchange markets ensured the rupee stayed within the 80 mark to the US dollar, [...]
Explained: Making sense of exchange rate
On Monday, during intra-day trade, the Indian rupee hit an all-time low exchange rate of 77.6 against the US dollar. At the time of going to print, it [...]
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