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Rupee in rhapsody, passes 95 vs USD level at closeOn Friday, the Indian Rupee made impressive gains, climbing 84 paise against the US Dollar. This upward momentum came after the Reserve Ban...- Rupee posts biggest daily gain in 2 months, closes at 94.94 vs USD as RBI ramps up currency defenceThe rupee gained 0.9% to end at 94.9450 per dollar, its biggest gain since April 2. Forward premiums, the cost of hedging FX exposure, pl...
- Oil shock threat looms over Dalal Street rallyIndian stock markets and the rupee face potential downturns. Last week's gains were driven by a temporary truce impacting oil prices. The m...
- Rupee crashes past 95/$, logs worst annual fall in 14 yearsThe Indian Rupee experienced a significant drop, breaching the 95 per dollar mark. This marked the steepest decline in 14 years, with the l...
- India unleashes curbs on rupee bets as intervention costs swellIndia's central bank is implementing forceful new rules to curb speculative bets against the rupee, capping banks' open positions at $100 m...
- Rupee seen bouncing up as RBI extends safety net belowThe Reserve Bank of India has issued a new directive to banks. This rule limits their net open positions in the rupee to $100 million daily...
- Samsung Electronics family to sell $1.2 billion stake amid share rallyExperts view the sale by Lee's sisters Lee Boo-jin and Lee Seo-hyun and his mother, Hong Ra-hee, as part of the owner family's efforts to s...
- Rupee weakens to 86.02 amid equity outflows and Central Bank reviewThe Indian rupee weakened to 86.02 against the dollar on Wednesday, eventually settling at 85.90, influenced by equity outflows and NDF pos...
- What led to rupee becoming Asia's worst performing currency in May?The Indian rupee experienced a decline in May, becoming the worst-performing Asian currency due to tariff uncertainties, border tensions, a...
- Rupee at new low of 83.65 on strength in greenbackThe Indian rupee weakened to a record low against the US dollar due to broad gains in the American currency and corporate outflows. The Res...
- Rupee eases for three straight weeks as oil resurgence weighsThe rupee fell 0.1% for the week, having traded in a 20 paisa range over the period.The Financial Times reported that JPMorgan is seeking i...
- India's weak rupee finds reprieve as foreigners seek bonds"Signs of inflation cooling off, prospects of oil staying lower due to cooling global demand and China slowdown and manageable deficits are...
- Indian rupee posts weekly loss, underperforms in AsiaThe partially convertible rupee traded in a tight range all day to end 0.03% lower at 79.6550 per dollar, compared to its previous close of...
- Shinhan Bank enters home loan businessShinhan Bank India, local arm of a South Korean lender, is offering home loans at 6.5% onwards per year for salaried and self-employed prof...
- Not just stocks, rupee too comforts investors with calmness!The volatility index on the rupee has come off 69 basis points in the past month.
- Offshore forwards shoot up with dollar inflows for share sales“Overseas investors are likely to have entered into short-term contracts in the NDF market,” said Anindya Banerjee, currency analyst at Kot...
- RBI to conduct Operation Twist for Rs 10,000 crThe central bank will conduct the latest OT auction on October 1. It will buy three sets of securities maturing between 2025 and 2029.
- True Balance raises $23 million in bridge roundThe latest round saw the participation of Japan-based global messenger Line Ventures Corporation, Korean search engine Naver, Korean lender...
- HSBC, hedge funds too may bid for LehmanState-controlled Korea Development Bank (KDB) proposed buying 25% of Lehman Brothers for up to $5.3 billion, a newspaper reported, but othe...
- Shinhan Fin to buy 85% of LG Card for $7.5bnShinhan Financial was selected as the leading bidder to buy LG Card, the main creditor of South Korea’s top card issuer said on Wednesday, ...
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