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KETA KURKUTE
How's falling rupee drove importers“Some importers are rushing for short-term hedges with the rupee hitting an all-time low,” said Anindya Banerjee, currency analyst, Kotak S...
Rupee turns volatile, bonds gain in a volatile marketThe local unit opened at 66.80, falling nearly 0.30% versus 66.61 per dollar on Tuesday. But, traders are seen facing difficulties in deali...
Rupee volatility drops to the lowest since January 2008 on RBI supportDomestic companies are mostly refraining from covering their foreign currency risks, a move that could turn out to be disastrous if fresh v...
Brexit fires up cross-currency futures marketThe referendum, which shattered financial markets across the globe, dragged the pound sterling to a 31-year low against the US dollar.
Brexit: Rupee recoups some losses, RBI in actionAt 15:05 hours, the rupee traded at 67.93 per dollar after hitting intraday low at 68.21. It closed at 67.25 a day earlier on Thursday.
Brexit: Rupee slumps, RBI swings into actionThe intervention is wide spread both in futures and spot market, dealers said, as only spot market intervention would suck out the rupee li...
Fed unlikely to hike rates, feel market playersDuring noon, the rupee gained more than 0.5 pc to the dollar, but was capped after oil companies started buying dollars with crude oil havi...
What fresh swings in the forex market really meanThe yuan is showing fresh sign of weakness against the dollar as the country struggles to revive its exporter-driven economy that faces con...
Rupee slides to 3-month low on renewed outflow concernsA rate hike in the US is likely to see a flight of capital from emerging markets, including India, as overseas investors may move to the sa...
Rise in rupee post Budget surprises few trading desks of global banksThe rupee on Tuesday gained 56 paise or about 0.80% to close at 67.86 a dollar, the level last seen on February 10 this year.
Why Rupee lost value on Tuesday?The local unit lost about half a percent or 32 paisa to close at 68.38 on Tuesday. During the day it fell to 68.43 against the greenback.
What triggered the Rupee's gains on Friday“Investors have unwound a lot of short positions on the rupee as the dollar lost value globally in the wake of a rise in oil prices,” said ...
Dollar borrowers face margin calls as Rupee slidesCorporates that borrowed cheap dollars to prune cost are now grappling with margin calls from lenders as the rupee continues to slide.
Rupee hits fresh 2-year low; down 36 paise against US dollarThe Indian rupee lost 36 paise or more than half a per cent against the US dollar on Monday amid dollar buying by some state-owned oil comp...
Bucking the trend, rupee closes 26 paise higher at 66.22 against US dollarThe rupee closed at 66.22 per dollar versus 66.48 a day earlier. This has assumed significance especially when overseas investors exited eq...
Rupee tumbles 82 paise to breach 66-level against dollarIn line with crash in equities, the rupee tumbled sharply by 82 paise -- its biggest single day fall this year -- to settle at 66.65 agains...
Rupee hits fresh 2-year low; can RBI stem volatility in exchange rate?The Indian rupee on Monday hit a fresh two-year low mirroring weakness in other emerging market currencies versus the US dollar.