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RUPEE AGAINST DOLLAR
Rupee hits day’s low against US dollar, recovers on RBI supportThe Reserve Bank of India's interventions prevented the rupee from falling to a new record low. State-run banks sold dollars, and foreign i...- India vs US: Where should US-based NRIs invest their money?US-based NRIs should align investments with future financial needs and currency. Future expenses should guide asset allocation decisions fo...
- RBI Intervention shields rupee in face of oil, hedging strainOn Friday, the Indian rupee dodged a plunge to record lows thanks to decisive action by the Reserve Bank of India. State-run banks stepped ...
- Domestic air passenger traffic to rise by 3-6 pc in this fiscal: ICRAThe domestic air travel sector is projected to see a growth of three to six percent in the current fiscal year, while Indian airlines may e...
- FCNR (B) vs NRE 5-year FD: Which can give higher maturity on $50,000 investment? Know currency riskFCNR(B) vs NRE currency risk: FCNR(B) and NRE deposits offer distinct investment avenues for non-resident Indians. FCNR(B) deposits provide...
- RBI sold $6 billion in May to defend oil-hit Indian rupee, data showsThe Reserve Bank of India sold $6.1 billion in foreign exchange during May. This intervention occurred as oil prices surged, pushing the ru...
- Rupee falls 11 paise to 96.36 against US dollar in early tradeThe rupee fell eleven paise to 96.36 against the US dollar on Wednesday. Crude oil prices climbed due to geopolitical tensions and shipping...
- Rupee rebound bets vanish as soaring crude blunts inflowsWhat makes the Indian currency more vulnerable than some of its Asian peers is the country’s reliance on imported energy and its ripple eff...
- Rupee rallies 21 paise to 96.24 against US dollar on lower oil prices and forex inflowsThe rupee strengthened by twenty-one paise, closing at ninety-six point twenty-four on Tuesday. Lower oil prices reduced demand for the US ...
- Rupee value is market-driven, has no target band against US dollar: FM SitharamanFinance Minister Nirmala Sitharaman stated the rupee's value is market-determined. The Reserve Bank of India monitors foreign exchange mark...
- Indian rupee gains as oil comes off; inflows, RBI intervention in focusThe Indian rupee experienced a slight upturn on Tuesday, buoyed by the prospect of improved diplomatic relations between the U.S. and Iran,...
- D-St set for a negative opening as GIFT Nifty signals weak startEquity markets faced pressure as Nifty declined, while broader markets showed gains. Analysts expect sideways to mixed trading due to geopo...
- Rupee hits two-month low despite RBI intervention as crude oil surge weighsThe Indian rupee fell to a two-month low against the dollar on Monday. This decline occurred despite significant interventions by the centr...
- Shapoorji secures commitments for Rs 21,350 cr from investors including Mercury Finance, Deutsche BankShapoorji Pallonji Group has secured investor commitments for its Rs 21,350 crore refinancing package, backed by its Tata Sons stake. The p...
- India vs US real estate: Transparency, legal protection, fraud risks, and what NRIs should consider before buying propertyIt is relatively easier to reliably buy or sell property in the United States, compared to the process in India, which can be fraught with ...
- Rupee weakens to two-month low as oil climbs; state-run banks cushionThe Indian rupee reached its weakest point in two months on Monday. Rising oil prices and Middle East hostilities pressured the currency's ...
- Rupee closes at 96.28 vs USD; logs sharpest weekly drop since May as oil price jump stingsThe Indian rupee faced its most significant weekly drop since May, driven by rising oil prices and strong demand for the dollar. Increasing...
- Rupee rises 14 paise to 96.28 against per US dollarThe rupee edged up fourteen paise against the US dollar in early trade on Friday. Positive domestic equity markets supported the local unit...
- Rupee slips 6 paise to 96.31 against US dollar in early tradeThe rupee weakened against the US dollar due to global crude oil volatility and a stronger greenback. Foreign institutional investor outflo...
- 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...
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