Sliding Rupee
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RBI Ready To Counter Rupee Slide, Fund Outflow Post-US Election: Sources
India's central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if Republican candidate Donald Trump wins next week's US presidential election, sources said.
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Rupee Could End 2022 Higher Than Earlier View As Dollar Slips: Report
The Indian rupee could end the year higher than earlier forecast, according to a few analysts who have reviewed their calls based on sliding dollar and improving outlook on Asian currencies following the USinflation data.
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RBI Asks Banks To Stop Building Rupee Offshore Market Positions: Report
The Reserve Bank of India, seeking to arrest the rupee's slide, is asking local banks to not build additional positions in the non-deliverable forward market.
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Rupee Tipped To Gain As Oil Slips To 5-Month Low; All Eyes On RBI Policy
The rupee is expected to strengthen against the U.S. dollar at open on Friday as oil prices extended their recent slide to slip to their lowest since February.
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Rupee Slides To 79.40 A Dollar, New Lifetime Low; Fast Forwarding To 80/$
The rupee started the week on the back foot, weakening to a new intra-day record low of near 79.40 per dollar as investor concerns about a global recession and mixed sentiment in the crude markets offered support to the safe haven greenback.
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IT Services Sector Revenue Growth to Slide Sharply in FY23, Maintain Double Digit Growth: Crisil
The IT Services sector in India will see a sharp fall in revenue in FY23, according to a Crisil report. Revenue growth in FY22 was higher on a lower base of 6 percent in the COVID-hit FY21, while the current depreciation in the rupee, strong demand for new age technologies like artificial intelligence, cloud computing and Internet of Things will he...
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Rupee Hits New Record Low Of 78.78, But RBI Intervention Limits Slide
Tuesday saw new lows for the rupee versus the dollar as rising oil prices stoked worries about long-term inflation.
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Rupee Plunges To 78.40 Per Dollar, A New All-Time Low
The Indian Rupee fell by 25 paise to close at 78.38 (provisional) against the US dollar
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Rupee Slides To New Lifetime Low of 77.93 Against Dollar
The rupee tumbled 11 paise to close at a fresh lifetime low of 77.85 (provisional) against the US dollar on Friday
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Worse Yet To Come For Rupee Already Reeling Near Historic Lows
The worst is still to come for the Indian rupee after its slide in May to a historic low, according to analysts and forward markets.
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Rupee Recoups Some Losses, After Weakening To A New Record Previously
The rupee recouped some losses on Wednesday after sliding for the fifth consecutive day on Tuesday, during which it hit a fresh record low of 77.05.
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Rupee Pares Some Initial Gains, Slides Lower To 74.57 Against Dollar
Rupee Vs Dollar Rate Today: At the interbank forex market, the domestic unit opened at 74.53 against the dollar and registered an intra-day high of 74.51
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Rupee Slides Towards Year's Low On Widening Trade Deficit, Rising Commodity Prices
Standard Chartered and RBL Bank forecast the currency to depreciate to 76 per dollar by year-end, while their peers at Deutsche Bank AG have a slightly less pessimistic projection of 75
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Gold Price Today: Yellow Metal Falls To Rs 46,728, Silver Also Slides
Gold, Silver Price Today, June 21, 2021: Yellow metal price fell by four per cent at MCX to Rs 46,728 per 10 grams mainly due to rupee depreciation.
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Rupee Goes From Asia's Best To Worst Performing In 2 Weeks On Covid Surge
The currency's slide may be exacerbated by unwinding of short dollar positions against the rupee, which ICICI Bank estimates has grown to $50 billion
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RBI Ready To Counter Rupee Slide, Fund Outflow Post-US Election: Sources
India's central bank is well-equipped to deal with a potential sudden outflow of foreign funds and any steep fall in the rupee if Republican candidate Donald Trump wins next week's US presidential election, sources said.
-
Rupee Could End 2022 Higher Than Earlier View As Dollar Slips: Report
The Indian rupee could end the year higher than earlier forecast, according to a few analysts who have reviewed their calls based on sliding dollar and improving outlook on Asian currencies following the USinflation data.
-
RBI Asks Banks To Stop Building Rupee Offshore Market Positions: Report
The Reserve Bank of India, seeking to arrest the rupee's slide, is asking local banks to not build additional positions in the non-deliverable forward market.
-
Rupee Tipped To Gain As Oil Slips To 5-Month Low; All Eyes On RBI Policy
The rupee is expected to strengthen against the U.S. dollar at open on Friday as oil prices extended their recent slide to slip to their lowest since February.
-
Rupee Slides To 79.40 A Dollar, New Lifetime Low; Fast Forwarding To 80/$
The rupee started the week on the back foot, weakening to a new intra-day record low of near 79.40 per dollar as investor concerns about a global recession and mixed sentiment in the crude markets offered support to the safe haven greenback.
-
IT Services Sector Revenue Growth to Slide Sharply in FY23, Maintain Double Digit Growth: Crisil
The IT Services sector in India will see a sharp fall in revenue in FY23, according to a Crisil report. Revenue growth in FY22 was higher on a lower base of 6 percent in the COVID-hit FY21, while the current depreciation in the rupee, strong demand for new age technologies like artificial intelligence, cloud computing and Internet of Things will he...
-
Rupee Hits New Record Low Of 78.78, But RBI Intervention Limits Slide
Tuesday saw new lows for the rupee versus the dollar as rising oil prices stoked worries about long-term inflation.
-
Rupee Plunges To 78.40 Per Dollar, A New All-Time Low
The Indian Rupee fell by 25 paise to close at 78.38 (provisional) against the US dollar
-
Rupee Slides To New Lifetime Low of 77.93 Against Dollar
The rupee tumbled 11 paise to close at a fresh lifetime low of 77.85 (provisional) against the US dollar on Friday
-
Worse Yet To Come For Rupee Already Reeling Near Historic Lows
The worst is still to come for the Indian rupee after its slide in May to a historic low, according to analysts and forward markets.
-
Rupee Recoups Some Losses, After Weakening To A New Record Previously
The rupee recouped some losses on Wednesday after sliding for the fifth consecutive day on Tuesday, during which it hit a fresh record low of 77.05.
-
Rupee Pares Some Initial Gains, Slides Lower To 74.57 Against Dollar
Rupee Vs Dollar Rate Today: At the interbank forex market, the domestic unit opened at 74.53 against the dollar and registered an intra-day high of 74.51
-
Rupee Slides Towards Year's Low On Widening Trade Deficit, Rising Commodity Prices
Standard Chartered and RBL Bank forecast the currency to depreciate to 76 per dollar by year-end, while their peers at Deutsche Bank AG have a slightly less pessimistic projection of 75
-
Gold Price Today: Yellow Metal Falls To Rs 46,728, Silver Also Slides
Gold, Silver Price Today, June 21, 2021: Yellow metal price fell by four per cent at MCX to Rs 46,728 per 10 grams mainly due to rupee depreciation.
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Rupee Goes From Asia's Best To Worst Performing In 2 Weeks On Covid Surge
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
