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DOLLAR DEMAND FROM IMPORTERS
Rupee rises for fourth straight day, closes at 95.15The Indian rupee closed at 95.15 against the US dollar, marking the fourth consecutive day of gains. It reached an intra-day peak of 94.77,...- India’s gem and jewellery exports up 9.43% on-year in SeptemberIn September, India's gem and jewellery sector saw a notable rise in exports, driven by a robust appetite for studded gold jewellery and la...
- Rupee extends rise but falters past 95/USD on importer hedging, outflowsThe Indian rupee has experienced an increase for the third consecutive session amid regulatory changes by the central bank. It reached a pe...
- Rupee outpaces Asian peers on fresh FX curbs, RBI interventionThe Indian rupee has strengthened against the dollar, thanks to recent initiatives by the Reserve Bank of India designed to curb dollar dem...
- Can RBI’s six forex measures help stabilise the rupee?The Reserve Bank of India has introduced several measures aimed at stabilizing the value of the rupee. These steps have successfully lifted...
- India should let rupee find its own level: Uday Kotak calls for focus on competitiveness, innovationUday Kotak stated that the rupee should be allowed to find its own level without government interference. He noted that the strength of the...
- Rupee jumps 1% as RBI curbs dollar demandThe rupee rallied nearly 100 paise or 1% to 95.77 against the US dollar on Monday, bouncing back from a near all-time low after the RBI cla...
- Rupee rebounds nearly 1% after RBI moves to curb speculative tradesThe rupee rebounded nearly 1% to 95.77 per dollar on Monday after the RBI announced measures to curb speculative currency trades. A special...
- Gold prices are sliding but China goes on a relentless buying spreeChina's People’s Bank has significantly increased gold reserves in September, marking its highest growth rate in three years. As demand for...
- RBI measures, intervention spark rupee's sharpest rally in six monthsOn Monday, the Indian rupee gained about 1% after the Reserve Bank of India announced measures to curb dollar demand. Oil companies' dollar...
- Banks may explore easier forex hedging amid RBI curbsThe Reserve Bank of India has implemented fresh regulations that drastically reduce the maximum limit for dollar forward transactions by co...
- Rupee stages stunning ₹1 comeback against dollar: What’s the RBI’s 4-step shock therapy and how long can it last?The Indian rupee gained against the US dollar after the Reserve Bank of India announced several intervention measures. These actions aimed ...
- Rupee climbs 1% to 95.76 vs USD after RBI moves to curb dollar demandThe rupee surged 1% to 95.76 against the dollar at Monday’s open after the RBI introduced measures to curb dollar demand and speculative ac...
- Indian central bank curbs to temper corporate rush to hedge against rupee weaknessIn response to the climbing oil prices and a declining rupee, the Reserve Bank of India has initiated fresh strategies aimed at economic st...
- RBI to meet daily dollar needs of 3 state-run oil firms to ease rupee pressureThe Reserve Bank of India has stepped in to support three prominent oil firms: Indian Oil, Bharat Petroleum, and Hindustan Petroleum, as th...
- What life lessons did Amitabh Bachchan learn from his failures: 'You can fail and sit back...'Amitabh Bachchan has shared how failures shaped his outlook on life and work. In an interview with Ei Samay’s Satarupa Basu, he called fail...
- RBI tightens rules for forex bets to shield bruised rupeeThe Reserve Bank of India has tightened regulations on foreign exchange derivatives to stabilize the rupee's value. New measures include st...
- RBI steps in to support rupee as currency nears record low; tightens forex rulesThe Reserve Bank of India has announced new measures aimed at stabilizing the rupee's value in foreign exchange markets. These measures inc...
- Rupee rises to intra-day high, then slips on dollar demandThe Indian rupee gained marginally, closing at 96.73 against the dollar on Friday after interventions. The Reserve Bank of India sold dolla...
- India holds soybean cargoes over doubts about Niger origin, sources sayIndian customs authorities have held about 1,500 tonnes of soybean cargoes at JNPT after importers failed to provide documents proving the ...
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