Risk aversion in the global markets weighed on the Rupee
The Rupee was weighed down by a rebound in the US dollar and muted domestic equities
Primary dealers had to again rescue 5-yr notes even as RBI went for uniform price-based auction
A rout in global bond markets weighed on investor sentiments
India's central bank governor told investors on Wednesday to trust the bank to manage the government's massive borrowing programme
In this podcast, Sujan Hajra, chief economist at Anand Rathi Stockbrokers and Gaurang Somaiyaa, forex & bullion analyst of Motilal Oswal discusses the threats to rupee's trajectory
The RBI's outstanding forwards book grew to $28.3 billion as of November from a negative $4.9 billion in the fiscal year 2019-20, highlighting the extent of its operations
The rupee rises by 8 paise to 72.88 against the US dollar in opening trade on Monday ahead of the Union Budget 2021-22 presentation in Parliament
The rupee appreciated 13 paise to 73.12 against the US dollar in opening trade, as heavy buying in domestic equities and weakness of the US currency in the overseas market lifted investor sentiment
The rupee depreciated 24 paise to 73.48 against the US dollar in opening trade on Monday, tracking a rebound in the American currency even as domestic equities were trading with significant gains
The Currency in Circulation grew by around 13 per cent in the first nine months of the current fiscal as people preferred holding on to cash as a precautionary measure amid Covid uncertainty
The rupee appreciated 3 paise to 73.08 against the US dollar in opening trade on Thursday, tracking positive domestic equities and weak American currency
We see depreciatory pressure on the rupee due to worsening terms of trade from rising oil prices, further monetary easing, it said
The rupee closed around Rs 74 to a dollar on Friday against Rs 72.2 at the end of December 2019
Rising crude oil prices along with widening trade deficit have elevated the depreciation risk level for the Indian rupee during the upcoming week
With a view to deal with increasing circulation of banknotes, the RBI has decided to set up an Automated Banknote Processing Centre in Jaipur for receipt, storage and dispatch of currency notes.
Nomura expects the rupee to bounce back to 72 per dollar by end-March, a level last seen in February
The rupee depreciated 33 paise to 74.74 against the US dollar in opening trade, tracking strong American currency ahead of the US Presidential election results
The rupee depreciated 30 paise to 74.40 against the US dollar in opening trade on Monday tracking muted domestic equities and strong American currency amid global risk aversion
Crude oil bulls look exhausted