#indian-rupee
The 13.1% depreciation over the past one-and-a-half years appears to be a temporary phenomenon, says RBI DG
The Reserve Bank of India (RBI) Deputy Governor Poonam Gupta on Wednesday said that there is a fair case for the rupee to not just stabilise but even appreciate from current levels, as the currency's 13.1 per cent depreciation over the past one-and-a-half yea…
RBI carries out currency swaps worth at least $10 bn to reduce liquidity
The Reserve Bank of India has conducted sell-buy dollar-rupee swaps with lenders over the past two weeks, taking rupees out of the financial system to contain risks from surplus liquidity
Rupee declines 10 paise to 95.55 against US dollar in early trade
The rupee fell 10 paise to 95.55 against the US dollar in early trade on Friday, weighed by FII outflows and sustained disruptions in global crude oil supplies.
IT rally, rupee surge fail to lift D-Street as expiry-day blues snap four-day winning streak
Broader markets underperformed, while investors remained cautious amid weak global cues and looked ahead to TCS results, the FOMC meeting minutes and key US economic data for direction
Rupee drifts as oil dips; hawkish Fed risks, importer flows cap gains
The Indian rupee held steady as easing U.S.-Iran tensions lowered oil prices, boosting sentiment. However, anticipation of potential U.S. Federal Reserve rate hikes kept traders watchful. Importer demand also capped rupee gains. Despite a roadmap for a U.S.-…
Rupee records strongest week in 11 as bond inflows, softer oil prices lend support
The Indian rupee maintained steady ground against the dollar last Friday, closing almost flat. The day’s trading featured some ups and downs, yet the rupee celebrated its best weekly performance in eleven weeks, thanks to a surge in foreign investments into I…
Rupee records strongest weekly gain since April as bond inflows, softer oil prices lend support
Rupee ended largely unchanged against the dollar after a choppy session on Friday, as weakness in regional currencies largely offset the unwinding of long dollar positions, but the currency posted its best week in the last 11 on debt inflows.
Rupee rises 20 paise to 94.20 against US dollar in early trade
The rupee strengthened by 20 paise to 94.20 against the US dollar in early trade on Friday, fueled by optimism surrounding India-US trade negotiations. Positive foreign inflows and supportive oil prices contributed to the rupee's upward momentum. Officials in…
Rupee Rises 20 Paise to 94 . 20 Against US Dollar in Early Trade
Rupee rises 20 paise to 94.20 against US dollar in early trade
The rupee appreciates 20 paise to 94.20 against the US dollar, boosted by positive trade negotiations and foreign inflows.
Rupee rises for fifth day , rallies to 6 - week high
Rupee closes higher for the fifth consecutive trading session
The rupee closed 20 paise stronger at 94.33 per US dollar against the previous close of 94, lifted by the signing of an agreement by the US and Iran to end the war
Rupee’s oil relief capped by RBI's FX book, interest payment hedges, bankers say
The Indian rupee's upward surge encounters some obstacles. As the Reserve Bank of India gradually dissolves a hefty foreign exchange forward book, banks are also preparing for interest payments on foreign currency holdings. These maneuvers are likely to soak …
Rupee falls 21 paise to 94.71 against US dollar in early trade
The rupee depreciated 21 paise to 94.71 against the US dollar due to the US Federal Reserve's hawkish stance and a strong dollar index. Asian currencies also weakened, impacting the rupee. Meanwhile, positive sentiment emerged from reports of a US-Iran memora…
Invested in US stocks directly and made forex gains due to depreciating Rupee? Know how to compute tax on forex gains and report it in ITR
Indian residents investing in US stocks face forex gains tax. These gains are taxable as capital gains when US dollars are converted back to Indian rupees. The tax treatment depends on whether the gain is considered income. Foreign currency held for investmen…
Stock Market Highlights , May 26 : Sensex falls 479 points , Nifty slips below 23 , 950 as rupee weakens
Indian Rupee Hits Record Low Amid US - Iran War ; Impact on Expenses
Is your mutual fund SIP secretly crushing the Indian rupee? Jefferies explains the bitter side of the story
India's strong mutual fund SIP culture is helping foreign investors exit the equity market. This is putting pressure on the Indian Rupee. Jefferies reports that capital flows are low, not the current account deficit. Foreign investors have sold equities worth…
Rupee not just weak against dollar, falls over 10% in a year versus Pakistan's currency, Bangladesh Taka
Indian rupee vs Pakistan rupee: The Indian rupee has experienced a significant decline, not only against the US dollar but also against the Pakistani rupee and Bangladeshi taka. This weakening is attributed to rising oil prices and global market uncertainty, …
Not just US dollar, Indian rupee has tanked up to 25% across 9 major currencies in 1 year
The Indian rupee has seen a significant decline against most global currencies, not just the US dollar. This broad-based weakness is driven by rising oil prices and foreign investor outflows. The rupee's fall against the Australian dollar and Chinese yuan has…