#rupee
Rupee rises 0.2% to 95.07 vs USD tracking Asian peers, forward premiums retreat
Indian rupee gained ground on Wednesday, mirroring a broader Asian rally fueled by hopes of a U.S.-Iran deal, which eased oil prices. This positive sentiment boosted regional equities, offering a respite to the rupee after hitting a record low. Analysts cont…
RBI mulls new move using foreign bonds to prop up rupee
Reserve Bank of India is considering allowing state-run banks to issue foreign-currency bonds to attract capital inflows and support the rupee, reviving a strategy last used decades ago. The proposal, still in early stages, may involve bonds with around five-…
Nifty slips as Rupee hits record low; Hormuz fears keep crude elevated
Nifty 50 ended at 24,032.80, down 86.50 points or 0.36% with as a record-low rupee, surging crude oil prices; Sensex fell 251.61 points or 0.33% to settle at 77,017.79
US-Iran tensions drive rupee to record low, impact oil and Bitcoin markets
Geopolitical tensions heighten economic instability, influencing global markets and complicating monetary policy decisions amid inflation concerns. The post US-Iran tensions drive rupee to record low, impact oil and Bitcoin markets appeared first on Crypto Br…
Rupee slides past 95.43/$ as economic worries mount on renewed US-Iran tensions
State-run banks were spotted offering dollars near the rupee’s record low, which traders said were most likely on behalf of RBI and intended to prevent the currency from falling to the key psychological level of 95.50
Rupee hits record low at 95.23 vs USD as economic worries mount on renewed US-Iran tensions
The rupee reached a historic low against the dollar on Tuesday. This decline is linked to renewed tensions in the Middle East and escalating oil prices. The Reserve Bank of India is exploring measures to strengthen the rupee. Other Asian currencies also faced…
Rupee falls to 95.16 vs dollar; Steve Hanke warns of further slide—5 ways it hits your personal finance
Rupee falls to ₹95.16/USD, highlighting currency weakness, as Steve Hanke warns of a continued slide without inflows, which could impact inflation, travel costs, EMIs, investments and savings across the country.
FIIs sell Indian equities on 150 of last 240 trading days. What does it say about their return timing?
Foreign investors have sold Indian stocks on most trading days recently. This trend is linked to rising oil prices, a weaker rupee, and higher US bond yields. Global capital is also moving towards artificial intelligence themes. Despite this, domestic investo…
Sensex falls over 250 points, Nifty below 24,100 as US-Iran launch fresh attacks, rupee tumbles to record low
Indian stock markets opened lower on Tuesday, with Sensex and Nifty declining due to escalating US-Iran tensions and a record low rupee. Broader markets, however, showed resilience with small and midcap indices trading in the green. Top sectoral losers includ…
Why the RBI is weighing a rare 2013-crisis playbook to arrest rupee slide to record lows?
The rupee’s slide to fresh record lows and oil above $100 has prompted the RBI to revisit crisis-era tools from 2013, including a special NRI dollar deposit window and possible tax relief for foreign bond investors. With reserves dipping and outflows rising, …
Rupee falls 39 paise to close at all-time low of 95.23 against US dollar
The Indian rupee hits a record low of 95.23 against the dollar amid rising oil prices and foreign capital outflows.
Rupee falls 39 paise to close at all-time low of 95.23 against US dollar
Forex traders said Brent oil, hovering near USD 110 per barrel, is maintaining pressure on oil-importing economies like India
Andy Mukherjee: A weakening rupee could end RBI’s efforts to keep credit cheap for borrowers
The Reserve Bank of India under Governor Sanjay Malhotra has managed to avoid raising rates for a while, but with pressure from forex markets mounting, it may have to tighten credit. The central bank may face bigger problems later if it puts off rate hikes fo…
RBI explores steps to mobilise dollar inflows as rupee slides, sources say
RBI considers measures to attract dollar inflows as the rupee hits a record low amid rising oil prices.
India explores steps to mobilise dollar inflows as rupee slides, sources say
India's central bank is actively seeking methods to attract dollar inflows. This move aims to bolster foreign exchange reserves and stabilize the rupee. Measures under consideration include reviving a deposit scheme for non-resident Indians and removing withh…
Rupee falls 11 paise to 94.95 against US dollar in early trade
At the interbank foreign exchange market, the rupee touched 94.95 against the US dollar in initial trade, registering a fall of 11 paise over its previous close
Lower valuations may see India outflows moderate: RBI Governor
The rupee has declined more than 5% so far this year, ranking as Asia’s worst performer, while the benchmark Nifty 50 stock index has lost 8%
India’s forex reserves fall $4.82 billion to $698.49 billion as of April 24
India's foreign exchange reserves saw a significant drop of $4.82 billion, reaching $698.49 billion by April 24. This decline follows a rise in the previous week. The central bank has been intervening to manage the rupee amid global uncertainties. Foreign cur…
Why the rupee has fallen steeply
Despite the economy doing well, there was sustained foreign capital outflow which put pressure on the rupee and affected the sentiment around it
Rupee slips to 94.47 per dollar with oil-sensitive Asia FX, state-run banks' dollar sales cushion
The Indian rupee weakened against the dollar on Tuesday, falling to 94.47 as rising oil prices and stalled energy flows through the Strait of Hormuz due to the U.S.-Iran conflict weighed on sentiment. Traders anticipate continued pressure on the rupee until e…
Nifty steady at 24,000; rupee falls 24 paise to 94.39 against US dollar in early trade
Both the Nifty and Sensex snapped a three-session losing run on Monday, led by a rebound in information technology stocks following last week's sharp selloff.
Banks to report all related party forex derivative transactions: RBI
India Business News: Mumbai: RBI has required banks to report all foreign exchange derivative deals involving the rupee undertaken in India and globally by their entire gr.