Page 24 - Rupee

Rupee steady at 68.70 against US dollar amid higher local equities

The rupee drew strength from rallying domestic equities, a dealer said

Rupee retreats from 1-month-high, rises 5 paise at 68.38 against dollar

The RBI raised repo rate by 25 basis points to 6.5 per cent amid inflationary concerns

Ahead of RBI policy move, rupee slips by 5 paise to 68.59 against US dollar

Policy meetings of the US Federal Reserve (today) and Bank of England (tomorrow), are also keeping investors cautious

Rupee rises 13 paise to 2-week high of Rs 68.54 ahead of RBI policy

The Reserve Bank of India's Monetary Policy Committee (MPC) for the third bi-monthly monetary policy statement will be unveiled on Wednesday

As RBI tries to revive rupee, India's forex reserves may go below $400 bn

Reserves are still strong enough to cover more than nine months of import needs

Rupee gains 6 paise against US dollar amid rally in domestic equities

Yesterday, the rupee had gained 13 paise to close at a fresh one-week high of 68.66 against the US dollar

Investors worried PM Modi may sacrifice fiscal prudence ahead of 2019 polls

Foreign investors have this year pulled $4.4 billion from India, including $2.8 billion in May alone amid rising inflation and oil prices

Rupee recovers from all-time low, up 9 paise to Rs 68.96 against US dollar

The rupee rose to 69.12 from Thursday's record closing level of 69.05 at the interbank foreign exchange

Rupee's downslide to continue? Here's what this top forecaster thinks

Emirates' rupee forecasts -- 67.5 to the dollar by end-September and 67 by end-2018 -- are at odds with a bleak broader outlook for the currency

RBI favouring currency futures market to prop up rupee from record low

Capital outflows, sparked by India's widening current-account deficit and the risk-off mood that's roiled emerging markets recently, have put the rupee under pressure

Rupee sees record closing low of 68.93 against dollar

The tariff war imposed by the US on Chinese goods, estimated at $34 billion starting Friday, has forced the Chinese currency to depreciate

FM Piyush Goyal says no need for 'knee jerk' reactions over rupee's fall

He also said the country has significant foreign exchange reserves

India has adequate firepower to deal with rupee volatility: SC Garg

The volatility is being driven by global factors, the Economic Affairs Secretary added

Why efforts to strengthen rupee may squeeze Indian banks' earnings

Indian lenders can hardly afford another headwind as they absorb trading losses from the past year's drop in sovereign bonds and continue to battle one of the world's worst bad-loan ratios

Rupee recovers from all-time low, regains 18 paise on dollar selloffs

Higher opening of the domestic equity market also propped up the rupee, forex dealers said

Rupee at 19-month low, plunges 37 paise on oil scare, trade war worries

This is the lowest closing for home currency since November 24, 2016, when it had settled at 68.73

Rupee at 19-month low, down 30 paise against US dollar

This is the rupee's lowest level against the greenback since November 29, 2016

Rupee pares losses, rises 1 paisa against dollar amid greenback selloffs

Meanwhile, the US dollar rose towards a seven-month high against its major peers in early Asian trade

Domestic factors, rather than US watchlist inclusion, concern for rupee

India's goods surplus with the US was $23 billion in 2017, much lower than China's $375 bn

Rupee surges 18 paise on bullish RBI growth call, low inflation forecast

The home currency touched a high of 64.95 in early trade against the greenback