Business Standard

Page 23 - Rupee

Rupee continues downward journey, touches lowest ever value of 70.51 to USD

The Reserve Bank of India likely sold dollars, though the force was mild, according to two senior forex officials at state-run banks

Rupee continues downward journey, touches lowest ever value of 70.51 to USD
Updated On : 30 Aug 2018 | 1:33 AM IST

Let rupee find its fair value, says Niti Aayog Vice-Chairman Rajiv Kumar

Kumar also said we have to do away with the mentality of judging an economy's strength

Let rupee find its fair value, says Niti Aayog Vice-Chairman Rajiv Kumar
Updated On : 28 Aug 2018 | 10:41 PM IST

Rupee leaps from life-time low to snap weeks of decline despite headwinds

Rupee leaps from life low to snap weeks of decline despite

global headwinds

Forex: The rupee staged a spirited recovery from its

life-time low to end higher by a whopping 24 paise at 69.91

against the US currency in a highly volatile week on bouts of

dollar selling by exporters and corporates.

After a seemingly endless stream of gloomy news and

falling values, sentiment has finally started to show signs of

improvement globally against the backdrop of the upcoming

visit of Chinese delegates to the US in order to re-ignite

trade talks.

Easing contagion risk on emerging-market currencies

after last weeks carnage also added a positive vibe on the

trading front.

The domestic currency larely withstood the headwinds

of surging crude prices and trade deficit worries.

The benchmark B

Rupee leaps from life-time low to snap weeks of decline despite headwinds
Updated On : 25 Aug 2018 | 4:33 PM IST

Rupee has not depreciated to a worrying level, govt should watch CAD: Rajan

Rajan says, this is a time where countries should be focusing on getting the macro stability in order

Rupee has not depreciated to a worrying level, govt should watch CAD: Rajan
Updated On : 24 Aug 2018 | 8:46 PM IST

Rupee@70: RBI may have shifted rupee intervention limit, say analysts

Finance ministry has linked rupee weakness to external factors

Rupee@70: RBI may have shifted rupee intervention limit, say analysts
Updated On : 24 Aug 2018 | 12:37 PM IST

Ongoing depreciation of the rupee to add to India Inc's borrowing woes

The recent fall in rupee will raise funding costs

Ongoing depreciation of the rupee to add to India Inc's borrowing woes
Updated On : 24 Aug 2018 | 5:30 AM IST

Understanding the recent market rally

The three sectors with the biggest gains are PSU banks (up 14.3%), pharma (11.4%) and metals (up 10.4%)

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Updated On : 22 Aug 2018 | 11:55 PM IST

With the rupee depreciating, should you opt for international funds?

The rupee may not always depreciate, and international markets also go through ups and downs

With the rupee depreciating, should you opt for international funds?
Updated On : 22 Aug 2018 | 11:02 PM IST

More uncertainty with rupee's slide

The higher price of crude oil and the falling rupee, coupled with looser fiscal policy, might have inflationary impact

More uncertainty with rupee's slide
Updated On : 20 Aug 2018 | 6:44 AM IST

From trade war to Turkey's lira crisis, factors that led to rupee's decline

Rupee bleeds on geopolitical and macro stress; breakdown 70

mark to hit lifelow

Forex: The gusty rupee went into a tailspin and

suffered one of its worst stretches in history - crashing

mercilessly to breach the key psychological 70-mark to end at

a life-time low of 70.15 against the resurgent US dollar.

An unprecedented speculative sell-off alongwith heavy

dollar demand from importers sent the domestic unit tumbling

by a steep 132 paise - its biggest weekly fall this year so

far despite government's soothing rhetoric.

The Indian unit collapsed to a life-time low of 70.40,

triggering currency market intervention by the central bank to

defend the beleaguered rupee.

Panic and capitulation overshadowed trading sentiment

as traders and speculators saw no signs that monetary

authorities would

From trade war to Turkey's lira crisis, factors that led to rupee's decline
Updated On : 18 Aug 2018 | 5:59 PM IST

Rupee closes at new record low of 70.16 amid volatility in currency markets

Since the beginning of this year, it has declined by only 9.8%

Rupee closes at new record low of 70.16 amid volatility in currency markets
Updated On : 17 Aug 2018 | 3:20 AM IST

Rupee hits new all-time low of 70.32 against US dollar, plunges 43 paise

A sharp surge in trade deficit, which soared to a near five-year high of USD 18 billion, too impacted the rupee

Rupee hits new all-time low of 70.32 against US dollar, plunges 43 paise
Updated On : 16 Aug 2018 | 10:21 AM IST

Rupee breaches 70-mark against dollar, experts say volatility manageable

From the end of March 2018 to August 3, India's foreign exchange reserves were down by $21.84 billion to $402.70 billion

Rupee breaches 70-mark against dollar, experts say volatility manageable
Updated On : 15 Aug 2018 | 12:13 AM IST

Rupee fall spooks India Inc boardrooms; CFOs worry RBI may hike rates again

To stem the fall in the currency's value, the central banks across the world are raising interest rates, triggered by rising US interest rates and a rising dollar

Rupee fall spooks India Inc boardrooms; CFOs worry RBI may hike rates again
Updated On : 14 Aug 2018 | 9:39 PM IST

External factors behind rupee's fall to record low, nothing to worry: Govt

The rupee hit an all-time low of 70.1 to a US dollar earlier on Tuesday on concerns over Turkey's economic woes

External factors behind rupee's fall to record low, nothing to worry: Govt
Updated On : 14 Aug 2018 | 7:41 PM IST

Rupee hits record low of 70.08 a dollar, Turkey rout complicates RBI's job

A weaker currency complicates the central bank's job of keeping prices in check as it makes imports costlier

Rupee hits record low of 70.08 a dollar, Turkey rout complicates RBI's job
Updated On : 14 Aug 2018 | 6:23 PM IST

Rupee headed towards 72 levels; IT, pharma stocks to benefit, say analysts

Rupee may fall further if global concerns, including US's protectionist measures against countries such as Turkey and China, persist.

Rupee headed towards 72 levels; IT, pharma stocks to benefit, say analysts
Updated On : 14 Aug 2018 | 12:26 PM IST

Rupee crashes to all-time low of 69.92 against dollar on Turkish Lira shock

The fall in the broader market was sharper, with two stocks declining for every one advancing on the BSE

Rupee crashes to all-time low of 69.92 against dollar on Turkish Lira shock
Updated On : 14 Aug 2018 | 7:09 AM IST

Rupee plunges 79 paise to hit record low of 69.62 against US dollar

On Friday, the rupee had lost 15 paise to end at 68.83 against the resurgent dollar

Rupee plunges 79 paise to hit record low of 69.62 against US dollar
Updated On : 13 Aug 2018 | 10:57 AM IST

Amid currency war, rupee may touch 70 a dollar by December: BS poll

The Indian rupee has lost more than 6.5 per cent and has hit its lifetime low of 69.10 a dollar in June-end

Amid currency war, rupee may touch 70 a dollar by December: BS poll
Updated On : 06 Aug 2018 | 1:05 AM IST