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  • Forex reserves rise by $2.039 billion to $639.516 billion Oct 15, 2021 06:16 PM IST

    Forex reserves rise by $2.039 billion to $639.516 billion

    In the previous week ended October 1, the reserves had dipped by USD 1.169 billion to USD 637.477 billion. The reserves had surged by USD 8.895 billion to a life time high of USD 642.453 billion in the week ended September 3.

  • Forex reserves down by $1.34 billion to $641.113 billion Sep 17, 2021 10:41 PM IST

    Forex reserves down by $1.34 billion to $641.113 billion

    In the previous week ended September 3, the reserves had surged by $8.895 billion to a life time high of $642.453 billion.

  • How Indian students going abroad can save money, avoid extra costs Aug 27, 2021 10:54 AM IST

    How Indian students going abroad can save money, avoid extra costs

    As universities start opening up worldwide, there could be several surprises such as requirement of mandatory booster shots, quarantine, among others awaiting students arriving from foreign countries. Here’s a handy checklist for Indian students who are all set to start college abroad.

  • Rising dollar stokes nerves for emerging market investors Jul 20, 2021 11:33 AM IST

    Rising dollar stokes nerves for emerging market investors

    A resurgent US dollar spells trouble for fund managers investing in developing countries’ local-currency stocks or bonds, as it eats into the dollar value of those bets

  • Rupee opens 9 paise lower at 74.58 per dollar Jul 14, 2021 10:41 AM IST

    Rupee opens 9 paise lower at 74.58 per dollar

    "The USD-INR pair is struggling at higher levels. Due to no major move in the Dollar index and strong domestic equities, we feel a move towards 74.4 is expected," said brokerage firm ICICI Direct.

  • Euro 2020 betting | ED sends notices for cryptocurrency trading, transactions by NRIs: Report Jul 02, 2021 12:00 PM IST

    Euro 2020 betting | ED sends notices for cryptocurrency trading, transactions by NRIs: Report

    Several other NRIs are sent notices for transactions carried out during their long stay in India due to COVID-19 restrictions in 2020.

  • Forex reserves cross record $600 billion-mark to hit new high Jun 11, 2021 06:04 PM IST

    Forex reserves cross record $600 billion-mark to hit new high

    Forex reserves have swelled as a result of large fund inflows from overseas markets in recent weeks.

  • India's foreign exchange reserves surpass Russia's, become world’s fourth biggest Mar 14, 2021 07:29 PM IST

    India's foreign exchange reserves surpass Russia's, become world’s fourth biggest

    Currently, in the International Monetary Fund table, China has the largest reserves, followed by Japan and Switzerland.

  • Dollar defies the doubters as hopes for economic rebound rise Mar 04, 2021 12:14 PM IST

    Dollar defies the doubters as hopes for economic rebound rise

    The dollar index, which measures the value of the US currency against a basket of its peers, is up 1.2 per cent this year

  • India's forex reserves down by $6.24 billion to $583.945 billion Feb 12, 2021 07:14 PM IST

    India's forex reserves down by $6.24 billion to $583.945 billion

    FCAs decreased by $4.88 billion to $542.338 billion, weekly data from the Reserve Bank of India (RBI) showed.

  • Forex intervention by RBI to touch $93 billion by March: Report Jan 18, 2021 06:03 PM IST

    Forex intervention by RBI to touch $93 billion by March: Report

    The report by the Wall Street brokerage Bank of America Securities also expects the central bank to raise banks’ HTM (held-to-maturity) limits of excess government securities by 2 per cent of their books to fund the fiscal deficit if high forex intervention limits its open market operations (OMOs).

  • Rupee opens flat at 73.11 against dollar Jan 07, 2021 10:13 AM IST

    Rupee opens flat at 73.11 against dollar

    The dollar was languishing near its lowest level in three years after Democrats won control of the US Senate, clearing the way for a larger fiscal stimulus under president-elect Joe Biden.

  • Rupee opens 16 paise higher at 73.15 against dollar Dec 31, 2020 10:19 AM IST

    Rupee opens 16 paise higher at 73.15 against dollar

    The dollar declined to its lowest level in two years as investors bought into riskier equities amid hopes of a faster-than- expected economic recovery.

  • Why it is foolish to bet on a dollar crash Dec 17, 2020 11:31 AM IST

    Why it is foolish to bet on a dollar crash

    There is a school of thought which believes that the dollar is poised to fall 20 per cent or more in 2021. But at least history doesn’t suggest so

  • Indian rupee settles 5 paise higher at 73.55 against US dollar Sep 09, 2020 02:45 PM IST

    Indian rupee settles 5 paise higher at 73.55 against US dollar

    At the interbank forex market, the domestic unit opened at 73.67 against the US dollar, and finally ended the day at 73.55, registering a rise of 5 paise over its last close.

  • Indian rupee settles 21 paise lower at 73.35 against US dollar Sep 07, 2020 03:03 PM IST

    Indian rupee settles 21 paise lower at 73.35 against US dollar

    At the interbank forex market, the rupee opened at 73.17, lost further ground and finally closed at 73.35 against the American currency, down 21 paise from its previous close.

  • Indian rupee settles 12 paise higher at 74.78 against US dollar Aug 11, 2020 02:42 PM IST

    Indian rupee settles 12 paise higher at 74.78 against US dollar

    At the interbank forex market, the local unit opened at 74.83 against the US dollar, then gained further ground and finally settled at 74.78, up 12 paise over its previous close of 74.90 against the American currency.

  • Indian rupee settles nearly flat at 74.93 against US dollar Aug 07, 2020 03:25 PM IST

    Indian rupee settles nearly flat at 74.93 against US dollar

    Starting off on a tepid note, the rupee fell to a low of 75.04, but recovered slightly thereafter and moved in a narrow band throughout the session. It finally settled at 74.93, gaining 1 paisa over its previous close.

  • Indian rupee pares initial gains, settles 2 paise down at 74.68 against US dollar Jul 06, 2020 02:36 PM IST

    Indian rupee pares initial gains, settles 2 paise down at 74.68 against US dollar

    Forex traders said positive equities, foreign fund inflows and weak US currency supported the local unit, however rising COVID-19 cases weighed on investor sentiment.

  • Indian rupee jumps 38 paise to close at 74.66 against US dollar Jul 03, 2020 02:41 PM IST

    Indian rupee jumps 38 paise to close at 74.66 against US dollar

    Forex traders said investors were bullish on emerging market assets following encouraging vaccine test results. Moreover, positive domestic equities, steady crude oil prices and weak US currency supported the local unit.

  • Indian rupee surges 17 paise to 76.03 against US dollar Jun 22, 2020 02:45 PM IST

    Indian rupee surges 17 paise to 76.03 against US dollar

    At the interbank foreign exchange market, the rupee opened strong at 76.16 and it further rushed to touch a high of 75.98 during the trade.

  • Indian rupee settles 19 paise lower at 76.03 against US dollar Jun 15, 2020 02:55 PM IST

    Indian rupee settles 19 paise lower at 76.03 against US dollar

    The rupee opened weak at 75.93 at the interbank forex market. It fell further and finally settled for the day at 76.03 against the US dollar, down 19 paise over its last close.

  • Indian rupee settles marginally higher at 75.59 against US dollar Jun 10, 2020 02:40 PM IST

    Indian rupee settles marginally higher at 75.59 against US dollar

    Forex traders said rupee traded in a range bound manner in the absence of any major trigger and market participants are eagerly awaiting Fed's stance and their outlook on the US economy for further cues.

  • Indian rupee settles on a flat note, slips 1 paisa to 75.58 against US dollar Jun 05, 2020 02:52 PM IST

    Indian rupee settles on a flat note, slips 1 paisa to 75.58 against US dollar

    Forex traders said positive domestic equities, sustained foreign fund flows, revival of business activities and weak US dollar supported the local unit, but there were still a slew of risks, including US-China trade tiff, that weighed on the currency.

  • Indian rupee settles 11 paise lower at 75.47 against US dollar Jun 03, 2020 02:36 PM IST

    Indian rupee settles 11 paise lower at 75.47 against US dollar

    Forex traders said positive domestic equities, sustained foreign fund flows, revival of business activities and weak US dollar supported the local unit, but there are still a slew of risks, including US-China trade tiff and concerns that it may jeopardise the Phase-1 deal.

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