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DOLLAR RESERVES
India’s forex reserves fall $1.2 billion to $719.74 billion as of October 24India’s foreign exchange reserves fell by $1.2 billion to $719.74 billion in the week ended October 24, according to the RBI. The decline f...
Rupee to benefit from dollar retreat, plunging US yields; oil surge tempers impactThe Indian rupee is set to begin trading on a flat note or with a slight increase, driven by falling US Treasury yields. However, the loomi...
Yen steady before BOJ, AI jitters drive Treasury rally, weigh on dollarThe yen remains steady as the Bank of Japan gears up for its expected interest rate policy decision. The dollar has slipped lower, respondi...
Rupee hits two-week low on 'sticky' dollar bids, modest intervention cushionsThe Indian rupee experienced a sharp decline on Thursday, hitting a two-week low against the dollar. Traders highlighted that heightened do...
Global Market: China’s yuan hits four-year high against dollar after Fed holds ratesChina’s yuan climbed to a four-year high against the US dollar, supported by the central bank’s firm guidance and the Federal Reserve’s dec...
Dollar steady after Fed hold leaves rate path murkyAfter the Federal Reserve's decision to keep interest rates steady, the US dollar found stability. Investors are now grappling with uncerta...
Gold dips on firmer dollar; US inflation data in focusGold prices experienced a decline as the dollar strengthened following the Federal Reserve's decision to hold interest rates steady. Market...
Dollar holds gains ahead of Fed policy signal, RBNZ decisionThe US dollar is sticking close to a two-week high ahead of crucial central bank policy announcements. The Federal Reserve is anticipated t...
D-Street braces for weak opening on negative GIFT Nifty cuesMarkets experienced volatility on the monthly expiry day, resulting in a largely unchanged ending. Analysts suggest that a decisive move ab...
Rupee edges up to 95.11 against dollar on likely RBI interventionOn Tuesday, the Indian rupee experienced a slight strengthening to close at 95.11 against the dollar. This change occurred despite rising o...
Rupee boxed in range; traders focus on oil, outflows and RBI's defenceThe Indian rupee had a day of modest variability against the dollar on Tuesday, finishing the day almost unchanged. Major external challeng...
Indian lenders defer dollar debt sale plan as rates turn expensiveAmidst rising US Treasury yields and a depreciating rupee, multiple Indian banks, such as Canara Bank, PNB, and Bank of India, are delaying...
Resist temptation to defend ₹ at any cost: Raghuram Rajan cautions India against excessive use of forex reservesRaghuram Rajan said India should avoid aggressively defending the rupee amid the current depreciation spree, stressing that a weaker rupee ...
Global Market: Yuan holds near four-year high as China tempers appreciation paceChina’s yuan held near a four-year high against the US dollar as the central bank moderated its daily fixing. Export-related demand and str...
Gold eases as stronger dollar weighs, Fed meeting in focusGold prices dropped in early trading as the US dollar strengthened and influenced market dynamics. Investors are closely monitoring the upc...
Wary of RBI, banks back off from forex dealsThe banks, using the easy rupee liquidity created after the inflow of deposits from the diaspora, bought dollars and invested the funds in ...
Currency markets subdued ahead of pivotal central bank weekAs the week kicks off, major currencies hover in narrow trading bands amidst pivotal central bank meetings. Oil prices experienced a declin...
RBI’s forward dollar sales surge to record $200 billion in AugustThe Reserve Bank of India recorded a net purchase of $43.26 billion in August's foreign exchange market. This was done to manage significan...
India’s forex reserves fall $5 billion to $721.02 billion as of October 16India's foreign exchange reserves fell by $5 billion to reach $721.02 billion for the week ending October 16. Previously, reserves declined...
Rupee little changed this week as oil-fueled declines wipe out early gainsThe Indian rupee experienced a decline for the second day in a row as rising oil prices dampened market confidence. Following a brief uptic...