Oct 15, 2021 06:16 PM IST
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.
- Sep 17, 2021 10:41 PM IST
In the previous week ended September 3, the reserves had surged by $8.895 billion to a life time high of $642.453 billion.
- Aug 27, 2021 10:54 AM IST
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.
- Jul 20, 2021 11:33 AM IST
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
- Jul 14, 2021 10:41 AM IST
"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.
- Jul 02, 2021 12:00 PM IST
Several other NRIs are sent notices for transactions carried out during their long stay in India due to COVID-19 restrictions in 2020.
- Jun 11, 2021 06:04 PM IST
Forex reserves have swelled as a result of large fund inflows from overseas markets in recent weeks.
- Mar 14, 2021 07:29 PM IST
Currently, in the International Monetary Fund table, China has the largest reserves, followed by Japan and Switzerland.
- Mar 04, 2021 12:14 PM IST
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
- Feb 12, 2021 07:14 PM IST
FCAs decreased by $4.88 billion to $542.338 billion, weekly data from the Reserve Bank of India (RBI) showed.
- Jan 18, 2021 06:03 PM IST
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).
- Jan 07, 2021 10:13 AM IST
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.
- Dec 31, 2020 10:19 AM IST
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.
- Dec 17, 2020 11:31 AM IST
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
- Sep 09, 2020 02:45 PM IST
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.
- Sep 07, 2020 03:03 PM IST
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.
- Aug 11, 2020 02:42 PM IST
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.
- Aug 07, 2020 03:25 PM IST
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.
- Jul 06, 2020 02:36 PM IST
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.
- Jul 03, 2020 02:41 PM IST
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.
- Jun 22, 2020 02:45 PM IST
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.
- Jun 15, 2020 02:55 PM IST
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.
- Jun 10, 2020 02:40 PM IST
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.
- Jun 05, 2020 02:52 PM IST
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.
- Jun 03, 2020 02:36 PM IST
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.