Forex watch: India’s foreign exchange reserves drop to $697.78 billion
India’s foreign exchange reserves saw a dip of $2.176 billion, reaching $697.784 billion in the week ending October 10. This decline follows a previous drop, ...
Rupee rises by 1% on RBI intervention
Riding the Wave: Understanding the Rupee’s Recent Surge The Indian Rupee recently experienced a noticeable upswing, a welcome shift after facing considerable headwinds. But what ...
Rupee hits a new low of 88.80/$, down over 3.5% in this year
The Indian rupee experienced a significant drop against the dollar, despite the dollar’s global weakness, due to concerns over increased US tariffs and H-1B visa ...
Rupee near record lows: Will exporters gain competitiveness or lose on rising import costs? All you need to know
The Indian rupee has weakened, reaching near record lows against the US dollar. This depreciation boosts export competitiveness but increases import costs. Exporters are urged ...
Rupee at record low: Markets eye RBI’s next move as currency breaches 89; corporates’ worries mount
The rupee’s recent slide past 88 against the dollar has sparked concerns in financial markets, prompting banks to reduce trading exposures. Importers with unhedged positions ...
Forex watch: India’s reserves drop $9.32 bn to $688.87 bn this week, led by decline in foreign currency assets & gold
India’s foreign exchange reserves saw a significant decrease. The reserves dropped by $9.322 billion, reaching $688.871 billion. This decline occurred for the week ending on ...
Forex watch: India’s reserves drop $9.32 bn to $688.87 bn this week, led by decline in foreign currency assets & gold
India’s foreign exchange reserves saw a significant decrease. The reserves dropped by $9.322 billion, reaching $688.871 billion. This decline occurred for the week ending on ...
Currency watch: Rupee ends 18 paise lower at 86.70 against dollar; trade jitters and Fed uncertainty weigh on sentiment
The rupee weakened to 86.70 against the US dollar due to month-end dollar demand and caution before trade and monetary policy decisions. A stronger dollar, ...
Currency watch: Rupee ends 12 paise lower at 86.52 as equities drop and crude rises; trade uncertainty, FIIs weigh
The Indian rupee weakened to 86.52 against the US dollar due to declining domestic equities, rising crude oil prices, and continuous foreign fund outflows. A ...
Currency watch: Rupee ends 12 paise lower at 85.92 against dollar; FPI outflows continue
The rupee weakened to 85.92 against the US dollar due to rising crude oil prices and a strong dollar, despite RBI intervention. Foreign fund outflows ...
