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MUMBAI CURRENCY NEWS
RBI policy press conference: Here's everything that came up for discussionThe Reserve Bank of India unveiled new measures to attract deposits and bolster the economy. Governor Sanjay Malhotra discussed strategies ...- Rupee falls amidst gulf tensions and rising oil pricesThe Indian rupee weakened against the US dollar on Wednesday. This decline was driven by escalating tensions in the Gulf region and a subse...
- Rupee slips 29 paise to 95.27, RBI steps in to arrest slideThe Indian rupee weakened by 29 paise to close at 95.27 against the dollar on Tuesday, pressured by foreign investor outflows and high crud...
- Rupee closes at 95 against dollar on its best day since April 2The rupee strengthened significantly on Friday, closing at 95.00 to the dollar, its best performance since April 2. This rise was attribute...
- India may cheer an Iran deal, but peace in Hormuz won’t refill its emptying economic tankThe economic horizon of India is clouded by a dual predicament characterized by a lack of financial resources and innovative ideas. While r...
- Rupee flat on hopes West Asia truce will holdThe Indian rupee remained stable against the dollar as risk assets gained across Asia and Europe. Falling oil prices and expectations of a ...
- Modi wants Indians to press pause on gold. But the $5.2 trillion obsession runs deepIndia’s attempt to protect the rupee is now colliding with one of the country’s strongest cultural habits — buying gold. After Prime Minist...
- What happens when investors stop SIPs during crises–real investors, real panic, and the real cost of walking awayFrom a cancer diagnosis in Kolkata to a layoff in Bengaluru to Covid panic in Agra—real investors, real crises, and the real cost of walkin...
- Stocks in news: Suzlon Energy, Wipro, Hindalco, ICICI Bank, Eicher MotorsIndian markets closed with small gains amidst a volatile week. Investors will watch global economic news and policy comments. The RBI's div...
- Rupee moves up after 10 days on likely RBI interventionThe Indian rupee saw its steepest gains in two weeks, rebounding against the dollar after significant central bank interventions. Talk of p...
- Holding stocks is harder than finding them: 10 mid- and small-caps stocks that may be worth holding on toHolding a stock is not an act of blind faith. It is not refusing to change one’s mind. It is not averaging down because the stock has falle...
- Rupee almost breaches 96/$ before clawing backThe Indian rupee neared 96/$ amid foreign fund outflows, oil inflation, and balance of payments concerns. Reported central bank interventio...
- Rupee gains on week, US-Iran jitters spark choppy tradingVolatility expectations for the rupee drifted higher as investors remained on tenterhooks for the next chapter in the more than two-month-l...
- Acko's $250 million IPO; Infosys' market cap plungeNew-age insurer Acko will soon confidentially file draft papers for its stock market debut. This and more in today's ETtech Top 5.
- Forex reserves rise to $703 billion; rupee slips 14 paiseIndia's foreign exchange reserves saw a significant jump of $2.3 billion, reaching $703 billion. This increase was driven by foreign curren...
- Market, rupee fortunes may prove fickle amid Iran flareupMarkets brace for renewed turmoil as Iran closes the Strait of Hormuz, sending oil prices soaring. This sharp reversal follows Friday's opt...
- US will not allow Iran to impose tolls on Strait of Hormuz: Donald TrumpHormuz toll: US President Donald Trump has firmly stated that Washington will not permit Iran to impose tolls on vessels traversing the vit...
- 'Only reason they are alive is to negotiate': Trump warns Iran as Vance flies to Islamabad for peace talksVice President JD Vance is in Pakistan for crucial talks with Iran. The mission aims to resolve issues surrounding the Strait of Hormuz. Pr...
- Biggest currency clampdown in decade risks backfiring for IndiaIndia's Reserve Bank of India has intervened to support the rupee, forcing local banks to unwind bearish bets. This move, while strengtheni...
- Currency futures, NDF-related dollar buying pushes rupee to 85.50The Indian rupee fell to a lifetime low of 85.50 against the U.S. dollar due to high dollar demand from maturing non-deliverable forwards a...
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