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CURRENCY APPRECIATION
Rupee slips to 94.24 as crude edges up to $95On Friday, the rupee settled at 94.24, slipping from 94.04 due to escalating oil prices, which surged from approximately $92 to $95 per bar...- India's forex reserves rise $2.49 billion to $719.55 billion in week ended November 6India's foreign exchange reserves saw an increase of $2.49 billion during the week ending November 6. This rise follows two weeks of declin...
- Indian rupee snaps rising streak on hawkish Fed, oil riseIn the past week, the Indian rupee faced downward pressure due to escalating oil prices. Although foreign investments offered some relief, ...
- China's Yuan edges higher as exporters' dollar sales offset Fed rate hike betsChina's yuan rose against the US dollar as domestic companies converted foreign earnings into yuan. This seasonal trend occurs before year-...
- Chinese yuan edges higher, but stronger dollar caps gainsThe Chinese yuan strengthened against the US dollar after the People's Bank of China set a firmer daily midpoint. However, gains remained l...
- Rupee climbs to near 7-month high of 93.69 against dollarOn Wednesday, the Indian rupee surged to a close seven-month peak of 93.69 against the US dollar, fueled by a dip in oil prices and a surge...
- Rupee rises 7 paise to 93.70 against US dollar in early tradeThe rupee strengthened 7 paise to 93.70 against the US dollar in early trade on Wednesday, supported by sustained foreign fund inflows, eas...
- Chinese yuan remains range-bound as US rate hike bets strengthen dollarThe Chinese yuan edged higher but remained range-bound as a weaker PBOC midpoint and expectations of further US rate hikes limited gains. S...
- Easing global headwinds, lower crude oil prices may further lift rupee in coming months: EconomistsEconomists predict the Indian rupee will strengthen against the US dollar in the coming months. Factors contributing to this appreciation i...
- India in a 'sweet spot' amid oil volatility and currency dynamics: Kotak Neo's Anindya BanerjeeIndia is in a favourable economic position due to declining crude oil prices and increasing foreign investment inflows. The Indian rupee is...
- Rupee among Asia's top performing currencies as AI trade coolsThe Indian rupee has gained considerable strength in FY27, aided by increased foreign portfolio investor inflows. A notable decline in crud...
- RBI's $239 bn forward dollar position to limit rupee gains despite FPI inflows: ReportThe Reserve Bank of India currently has a net short position of USD 239 billion in the forward market, which may hinder the rupee's ability...
- Yuan holds firm against dollar as seasonal corporate selling offsets greenback strengthChina's yuan remained stable against the US dollar as seasonal year-end dollar sales by exporters offset greenback strength following robus...
- Indian rupee strengthens past 94/$ as oil slides, foreign inflows returnThe Indian rupee strengthened past 94 per dollar after regaining appeal among emerging-market currencies recently. Significant foreign infl...
- China's rising yuan squeezes exporters, raises concerns over jobs and growthChina's strengthening yuan is squeezing exporters' profit margins, raising concerns over job losses, weaker exports and slower economic gro...
- Yuan set for first weekly loss in six weeks as equity rout dents sentimentChina’s yuan headed for its first weekly decline in six weeks as weaker PBOC guidance and a sharp equity selloff hurt sentiment. While the ...
- Chinese yuan hits over two-week low against dollar as PBOC signals caution on appreciationChina’s yuan weakened to a more than two-week low against the dollar after the central bank set a weaker daily fixing and raised foreign ex...
- Chinese yuan set for biggest daily drop in six months after PBOC tightens FX reservesChina's yuan weakened against the US dollar after the PBOC raised the foreign exchange reserve requirement ratio to curb rapid currency app...
- Rupee rises 12 paise to 94.72 against US dollar in early tradeThe rupee rose by 12 paise to 94.72 against the US dollar in early trading on Tuesday. This increase was driven by declining crude oil pric...
- Yuan hovers near four-year high as investors eye US midterm electionsChina’s yuan traded near a more than four-year high against the US dollar, supported by expectations of further appreciation. Investors tra...
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