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DOLLAR RUPEE EXCHANGE RATE
SBI Funds IPO anchor book draws Capital Group, BlackRock, Goldman, GICSBI Funds Management's IPO anchor book saw strong investor interest. Key global and Indian funds participated, subscribing more than twenty...
Global headwinds to cap rupee gains through 2026: ET PollThe Indian rupee is projected for a slight recovery in coming months. Economists anticipate the rupee will rise just above 94 to the dollar...
Why is RBI now cutting down its $100 billion short dollar forward position; how will it impact Rupee?The Reserve Bank of India is carefully unwinding its large bearish dollar position. This move aims to support the rupee without causing mar...
India's forex reserves rise $7.26 billion to $674.19 billion in week ended July 3India's foreign exchange reserves saw a substantial rise of $7.26 billion. These reserves reached $674.19 billion in the week ending July 3...
Rupee slips on week as Iran flare-up spurs caution, merchant hedgingThe Indian rupee ended nearly unchanged on Friday, but the week closed on a weaker note. Investor caution grew amid renewed hostilities in ...
Rupee little changed as traders tread gingerly with eye on oil, dollarThe Indian rupee traded narrowly on Friday, supported by a softer dollar and stable oil prices. Asian currencies and regional stocks saw ga...
RBI faces $100 billion challenge after record currency defenseRBI faces a challenge unwinding its large bearish dollar bets. The central bank has begun trimming its massive short dollar forward positio...
RBI intervention, oil price dip help rupee edge modestly higherThe Indian rupee closed stronger on Thursday, supported by central bank intervention. Lower oil prices also helped soothe Indian equities a...
India's richer middle class is living a more dollar-linked life while earning in rupeesDollar spending India: The country's expanding middle class now spends more on foreign goods and services. International travel and oversea...
Rupee slumps to one-month low as oil soars after Trump says Iran deal is 'over'The Indian rupee fell to its weakest level in nearly a month on Wednesday. This decline occurred after U.S. President Donald Trump stated t...
FCNR(B) FD vs NRE FD: Where can NRIs earn more on $50,000 investment? Compare returns, currency risk and tax benefitsNon-resident Indians (NRIs) and overseas citizens of India (OCIs) can consider investing in FCNR(B) and NRE fixed deposits to achieve relia...
Rupee slips as oil prices jump, modest portfolio inflows cushion fallThe Indian rupee weakened slightly on Wednesday due to Middle East hostilities. Renewed conflict lifted oil prices, impacting risk sentimen...
Rupee rallies 50 paise as cheaper crude lifts sentimentThe Indian rupee saw its best day in nearly a month, gaining against the dollar. This rise followed reports of Saudi Arabia reducing crude ...
Rupee closes at 94.96 vs USD, logs best day in three weeks on NDF dollar sales, bailing shortsOn Tuesday, the Indian rupee experienced its most significant one-day increase in three weeks, driven by heightened dollar selling activity...
Rupee rises 15 paise to 95.28 against US dollar in early tradeThe Indian rupee gained fifteen paise against the US dollar in early trade. Saudi Arabia's significant slash in August crude oil prices for...
Rupee hits three-week low as higher dollar demand weighsThe rupee weakened 20 paise to a three-week low of 95.39 against the dollar on Monday. Higher dollar demand, fresh arbitrage activity betwe...
Rupee hits three-week low at 95.39 vs USD as firmer dollar, NDF maturities pinchThe Indian rupee touched a three-week low against the dollar on Monday, influenced by a stronger greenback and demand for foreign currency....
Dollar near two-week lows as rate-hike bets recede, embattled yen in focusThe US dollar dipped to a two-week low as markets scaled back expectations of a Federal Reserve rate hike. Meanwhile, the Japanese yen rema...
Rupee ends losing run on whiff of FPI flows into stocksThe Indian rupee strengthened on Friday, ending its four-day decline to close at 94.21 against the dollar. This recovery was fueled by mode...
Merchant, arbitrage flows extend rupee's losing streak even as dollar slumpsThe Indian rupee weakened for the fourth straight session against the dollar on Thursday, despite a weaker dollar and likely central bank i...