Rupee Performance

The rupee fell 5 paise to an all-time low of 84.37 against the US dollar in early trade on Friday, weighed down by persistent foreign fund outflows and a muted trend in domestic equities.

Prime Minister Narendra Modi on Thursday said that India and France have agreed to use Unified Payments Interface (UPI) in this European nation, opening a huge new market for Indian innovation. Addressing the Indian community at the La Seine Musicale, a performing arts centre on an island in river Seine, Modi said very soon Indian tourists will be ...

A video of the incident shows people raining notes of 10, 20, 50 and 100 rupees during the bhajan programme.

Avatar: The Way of Water has grossed $609.7 million (about Rs. 5,052 crore) at the global box office. Roughly $427 million (about Rs. 3,540 crore) were pulled from markets outside the US, including India, and an extremely strong performance from China, which contributed $70.5 million (about Rs. 584 crore). In India, Avatar 2 has earned $26.5 millio...

Finance Minister Nirmala Sitharaman today said that the rupee has performed much better than other emerging market currencies. The minister's statement comes days after the rupee fell to an all-time low of 82.69.

Indian benchmark equity indices rose for the sixth straight session on Friday and recorded their best weekly performance since February last year, driven by by foreign portfolio investments marking theirhighest net investments in eight months.

The currency's slide may be exacerbated by unwinding of short dollar positions against the rupee, which ICICI Bank estimates has grown to $50 billion

The rupee is a surprise winner in Asia this year as expectations of an economic recovery, a rare current-account surplus and massive foreign inflows have shielded it from the impact of rising U.S. yields

The rupee is Asia's worst performer with a year-to-date loss of 4 per cent.

The Reserve Bank of India doesn't seem to be in a mood to give the currency a free run even as most of its regional peers have rebounded from the virus-induced selloff.

Authorities may deploy some of the stockpile to steady the rupee, which has tumbled more than 2 per cent over the past week as more locals are diagnosed with the coronavirus.

The rupee was Asia's second-worst performer in 2019 despite about $18 billion inflow into Indian bonds and equities.

The Indian rupee and the Malaysian ringgit were the worst performers in the region, playing catch up with peers as both markets re-opened for trade after a holiday on Monday.

Any sell-off in foreign holdings of Indian corporate and government bonds may set off a spin which weakens the currency further.

The rupee is emerging Asia's top performer in the past three months, thanks to the gush of foreign cash.

The rupee fell 5 paise to an all-time low of 84.37 against the US dollar in early trade on Friday, weighed down by persistent foreign fund outflows and a muted trend in domestic equities.

Prime Minister Narendra Modi on Thursday said that India and France have agreed to use Unified Payments Interface (UPI) in this European nation, opening a huge new market for Indian innovation. Addressing the Indian community at the La Seine Musicale, a performing arts centre on an island in river Seine, Modi said very soon Indian tourists will be ...

A video of the incident shows people raining notes of 10, 20, 50 and 100 rupees during the bhajan programme.

Avatar: The Way of Water has grossed $609.7 million (about Rs. 5,052 crore) at the global box office. Roughly $427 million (about Rs. 3,540 crore) were pulled from markets outside the US, including India, and an extremely strong performance from China, which contributed $70.5 million (about Rs. 584 crore). In India, Avatar 2 has earned $26.5 millio...

Finance Minister Nirmala Sitharaman today said that the rupee has performed much better than other emerging market currencies. The minister's statement comes days after the rupee fell to an all-time low of 82.69.

Indian benchmark equity indices rose for the sixth straight session on Friday and recorded their best weekly performance since February last year, driven by by foreign portfolio investments marking theirhighest net investments in eight months.

The currency's slide may be exacerbated by unwinding of short dollar positions against the rupee, which ICICI Bank estimates has grown to $50 billion

The rupee is a surprise winner in Asia this year as expectations of an economic recovery, a rare current-account surplus and massive foreign inflows have shielded it from the impact of rising U.S. yields

The rupee is Asia's worst performer with a year-to-date loss of 4 per cent.

The Reserve Bank of India doesn't seem to be in a mood to give the currency a free run even as most of its regional peers have rebounded from the virus-induced selloff.

Authorities may deploy some of the stockpile to steady the rupee, which has tumbled more than 2 per cent over the past week as more locals are diagnosed with the coronavirus.

The rupee was Asia's second-worst performer in 2019 despite about $18 billion inflow into Indian bonds and equities.

The Indian rupee and the Malaysian ringgit were the worst performers in the region, playing catch up with peers as both markets re-opened for trade after a holiday on Monday.

Any sell-off in foreign holdings of Indian corporate and government bonds may set off a spin which weakens the currency further.

The rupee is emerging Asia's top performer in the past three months, thanks to the gush of foreign cash.