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RUPEE VS DOLLAR TODAY
Rupee cushioned by state-run bank dollar offers as futures expiry bitesThe Indian rupee strengthened on Wednesday as banks sold dollars. Dollar demand from futures expiry exerted some pressure on the currency. ...
Why is market rising today? Sensex soars over 800 pts, Nifty tops 24,200; 4 key factors powering D-StreetIndian stock indices Sensex and Nifty rose nearly one percent today. This surge occurred despite a sharp increase in oil prices due to esca...
Rupee strengthens as crude oil prices fallThe Indian rupee strengthened against the dollar on Tuesday, closing at 95.84 per dollar. This gain followed a sharp rise on Monday, suppor...
D-St set for a positive opening as GIFT Nifty signals firm startIndian stock markets experienced a muted trading session on Tuesday. The Sensex and Nifty indices erased early gains to close in the red. B...
Govt companies request RBI to extend concessional forex swap by three monthsPublic sector firms want the RBI's forex swap facility extended by three months. This facility helps government companies hedge dollar cost...
Rupee clings to two-week high as oil slides, intervention helps cement riseThe Indian rupee experienced a significant rebound on Tuesday, intensifying to its strongest position in two weeks. The decline in oil pric...
Rupee rises 35 paise to 95.64 against US dollar in early tradeThe Indian rupee strengthened significantly against the US dollar in early trade. Lower crude oil prices and easing geopolitical tensions b...
NRIs can now buy term insurance in USD from India: Policybazaar explains how new plan protects against currency riskNon-Resident Indians can now purchase US dollar-denominated term insurance plans in India. These plans are available through Policybazaar's...
Rupee logs best day in over 6 weeks as RBI intervention magnifies oil slump impactOn Monday, the Indian rupee experienced its most remarkable trading day in over six weeks, thanks to decisive actions from the central bank...
Rupee rises 28 paise to 96.25 against US dollar in early tradeThe Indian rupee strengthened significantly against the US dollar on Monday. This gain was driven by a sharp decline in global crude oil pr...
D-St set for a positive opening as GIFT Nifty signals firm startA fall below 23600 might trigger a severe correction, as investors would be running away, putting the Nifty at greater downside risk. On th...
India vs US: Where should US-based NRIs invest their money?US-based NRIs should align investments with future financial needs and currency. Future expenses should guide asset allocation decisions fo...
RBI Intervention shields rupee in face of oil, hedging strainOn Friday, the Indian rupee dodged a plunge to record lows thanks to decisive action by the Reserve Bank of India. State-run banks stepped ...
RBI intervention blunts oil surge, shores up rupeeThe Reserve Bank of India intervened by selling dollars to prevent the rupee from reaching a record low. Surging oil prices and declining s...
NRE vs NRO FD: SBI, HDFC Bank, PNB and Axis Bank interest rates compared; know key differencesNRE and NRO accounts offer investment avenues for Non-Resident Indians in India. NRO accounts accept Indian earnings, while NRE accounts ho...
FCNR (B) vs NRE 5-year FD: Which can give higher maturity on $50,000 investment? Know currency riskFCNR(B) vs NRE currency risk: FCNR(B) and NRE deposits offer distinct investment avenues for non-resident Indians. FCNR(B) deposits provide...
Rupee rebound bets vanish as soaring crude blunts inflowsWhat makes the Indian currency more vulnerable than some of its Asian peers is the country’s reliance on imported energy and its ripple eff...
Rupee rallies 21 paise to 96.24 against US dollar on lower oil prices and forex inflowsThe rupee strengthened by twenty-one paise, closing at ninety-six point twenty-four on Tuesday. Lower oil prices reduced demand for the US ...
NRI insurance: Benefits, risks, and features of GIFT City’s dollar-denominated insurance plansMany companies—including HDFC Life International, ICICI Prudential Life, ICICI Lombard, Star Union Dai-ichi Life, IndiaFirst Life and Tata-...
Why is RBI now cutting down its $100 billion short dollar forward position; how will it impact Rupee?The Reserve Bank of India is carefully unwinding its large bearish dollar position. This move aims to support the rupee without causing mar...