Page 33 - Us Dollar
Forex reserves rise by $2.56 billion to record $581.131 billion
The country's foreign exchange reserves surged by $2.563 billion to touch a record high of $581.131 billion in the week to December 18
 "Forex reserves rise by $2.56 billion to record $581.131 billion")
RBI remains net purchaser of US dollar in October, buys $15.64 bn
The Reserve Bank of India (RBI) remained a net purchaser of the US currency in October as it bought $15.64 billion from the spot market
 "RBI remains net purchaser of US dollar in October, buys $15.64 bn")
Rupee surges 14 paise to 73.62 against US dollar in early trade
The rupee appreciated 14 paise to 73.62 against the US dollar in opening trade on Thursday as sustained foreign fund inflows and hectic buying in domestic equities strengthened investor sentiment
 "Rupee surges 14 paise to 73.62 against US dollar in early trade")
Rupee slips 6 paise to 73.90 against US dollar in early trade
The rupee depreciated 6 paise to 73.90 against the US dollar in opening trade on Wednesday in line with weaker Asian peers amid concerns over a new coronavirus strain.
 "Rupee slips 6 paise to 73.90 against US dollar in early trade")
India wants a V-shaped recovery at any cost. But what will RBI do?
How RBI manages recovery demand against threats to financial stability from cheap money may be a more important story for India investors in 2021 than the standard growth versus inflation trade-off
 "India wants a V-shaped recovery at any cost. But what will RBI do?")
Rupee surges 15 paise to 73.48 against the US dollar in early trade
The rupee appreciated 15 paise to 73.48 against the US dollar in opening trade as sustained foreign fund inflows and hectic buying domestic equities strengthened investor sentiment
 "Rupee surges 15 paise to 73.48 against the US dollar in early trade")
India's forex reserves surge by $4.5 billion to record $579.3 billion
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves
 "India's forex reserves surge by $4.5 billion to record $579.3 billion")
Oil prices near $50 as coronavirus vaccine fuels demand recovery hopes
Brent crude rose 51 cents, or 1 per cent, to $49.35 a barrel by 7:35 pm IST. West Texas Inter-mediate (WTI) crude climbed 51 cents, up 1 per cent, to $49.35
 "Oil prices near $50 as coronavirus vaccine fuels demand recovery hopes")
Aim long term for a strong currency
Strong currencies reflect strong economies
 "Aim long term for a strong currency")
As Covid-19 triggers digital money revolution, Bitcoin emerges a winner
the pandemic accelerated our advance into a more digital word: What might have taken 10 years has been achieved in 10 months
 "As Covid-19 triggers digital money revolution, Bitcoin emerges a winner")
Rupee appreciates 11 paise to 73.77 against US dollar in early trade
The rupee appreciated 11 paise to 73.77 against the US dollar in the opening session on Friday on sustained foreign fund inflows and weak American currency
Rupee rises 7 paise to 73.84 against US dollar in early trade
The rupee appreciated 7 paise to 73.84 against the US dollar in the opening session on Thursday on sustained foreign fund inflows and weak American currency
Janet Yellen ending Trump dollar tumult promises cheers in markets
Yellen is seen returning clarity on the U.S. strong-dollar policy, stabilizing the $6.6-trillion-a-day currency market that's the backbone of global finance and commerce
 "Janet Yellen ending Trump dollar tumult promises cheers in markets")
Rupee appreciates 21 paise to 73.90 against US dollar in early trade
The rupee appreciated 21 paise to 73.90 against the US dollar in the opening session on Tuesday, tracking strong opening in domestic equities and weak American currency
Rupee appreciates 12 paise to 74.15 against US dollar in early trade
The rupee appreciated 12 paise to 74.15 against the US dollar in opening trade on Friday, supported by positive opening in domestic equities and weakness in American currency
Rupee slips 13 paise to 74.32 against US dollar in early trade
The rupee depreciated 13 paise to 74.32 against the US dollar in opening trade on Thursday tracking muted domestic equities and strong American currency
 "Rupee slips 13 paise to 74.32 against US dollar in early trade")
Rupee appreciates 24 paise to 74.38 against US dollar in early trade
The rupee appreciated by 24 paise to 74.38 against the US dollar in opening trade on Tuesday, tracking positive domestic equities amid improved risk appetite
RBI remains net purchaser of US dollars in September, buys $8.172 bn
During the month, RBI bought USD 13.322 billion from the spot market while selling USD 5.15 billion, according to the monthly bulletin released by the central bank for November
 "RBI remains net purchaser of US dollars in September, buys $8.172 bn")
Rupee settles seven paise lower at 74.15 against US dollar
Higher crude oil prices also put pressure on the Indian currency
 "Rupee settles seven paise lower at 74.15 against US dollar")
Bidenomics: Sanity in post-Covid world, but expect no instant big changes
India, with its market potential, and as a complement to the US economy stands to gain if it plays its cards right
 "Bidenomics: Sanity in post-Covid world, but expect no instant big changes")
