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RUPEE DOLLAR
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...
- RBI may raise repo rate to 6.25% by 2027 amid inflation risks: Deutsche BankThe Reserve Bank of India is anticipated to raise the repo rate to 6.25% by mid-2027. This increase is driven by persistent inflationary pr...
- 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 ...
- Rupee slips below to 95.18 against dollar on elevated oil pricesOn Monday, the Indian rupee dropped to 95.18 against the dollar amid rising oil prices. Importer demand for dollars continued, despite incr...
- India earns nearly 50% more from fuel exports in April-September as costlier oil and weak rupee outweigh lower volumesIndia's petroleum product export earnings increased significantly in April to September, driven by high international prices. While the vol...
- 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 ...
- Rupee weakens for third session as importers step up dollar bids, foreign outflows biteThe Indian rupee declined for three consecutive trading sessions due to increased dollar buying by importers. Elevated oil prices and forei...
- Jio’s record India IPO falls short of record payday for bankersJio Platforms raised about $3.1 billion through its record IPO, but intense competition among investment banks kept fees relatively low at ...
- Rupee falls 5 paise to 94.98 against US dollar in early tradeIn early trading, the rupee was priced at 94.98 against the US dollar, slipping by 5 paise primarily due to high crude oil rates and ongoin...
- 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...
- RBI does not target any specific Rupee level, focuses on curbing volatility, says Governor Sanjay MalhotraReserve Bank of India (RBI) Governor Sanjay Malhotra on Friday said the central bank does not target any specific exchange rate or level fo...
- 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...
- Rupee declines first time in eight sessions as Brent oil prices rise above $112On Thursday, the Indian rupee declined for the first time in eight trading sessions. This occurred even amid foreign portfolio investment i...
- Rupee snaps eight-day rally as oil climbs to highest since MayThe Indian rupee ended its eight-session-long winning streak, closing down 0.4% at 94.8175 per dollar. Concerns over escalating oil prices ...
- Rupee soars to 6-week high on Jio IPO flows, weaker dollarOn Wednesday, the Indian rupee closed at a six-week high of 94.46, gaining 46 paise from its previous close. This increase was driven by st...
- Rupee rises 46 paise to 94.45 on India-US trade deal hopes; oil prices cap gainsThe rupee gained 46 paise to 94.45 against the dollar on optimism over a potential India-US trade deal and RBI measures. However, elevated ...
- Jio Platforms' IPO-linked inflows boost rupee; elevated oil prices spur cautionThe Indian rupee experienced a notable increase as Jio Platforms' IPO attracted significant foreign investments. Despite this strength, ris...
- Why the rupee remains under pressure despite lower CAD?The Indian rupee has depreciated significantly this year and is expected to weaken further due to global conditions. Despite improvements i...
- 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...
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