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  • Why investors shouldn't get carried away by the recent market recovery Nov 10, 2022 09:15 AM IST

    Why investors shouldn't get carried away by the recent market recovery

    A close watch is warranted on the foreign flows, both portfolio and capital account. In the first nine months of the calendar year 2022, RBI has drained over $100 billion from the forex reserves.

  • Worst is yet to come, warns IMF's top economist Pierre-Olivier Gourinchas Oct 11, 2022 06:30 PM IST

    Worst is yet to come, warns IMF's top economist Pierre-Olivier Gourinchas

    Gourinchas has also said it will be best if central banks of emerging and developing countries let their exchange rates adjust and conserve foreign exchange reserves for when conditions worsen

  • Rupee plunges 49 paise to 81.89 against US dollar as crude oil spikes Oct 03, 2022 04:13 PM IST

    Rupee plunges 49 paise to 81.89 against US dollar as crude oil spikes

    Besides, a stronger greenback against key rivals and persistent foreign fund outflows put pressure on the domestic currency.

  • India has fairly large forex reserves to face current situation: Economic affairs secretary Sep 27, 2022 04:53 PM IST

    India has fairly large forex reserves to face current situation: Economic affairs secretary

    Foreign exchange reserves were down for a seventh continuous week, dropping to USD 545.65 billion on September 16.

  • Rupee rises 9 paise to close at 81.58 against US dollar Sep 27, 2022 04:28 PM IST

    Rupee rises 9 paise to close at 81.58 against US dollar

    At the interbank forex market, the local unit opened at 81.45 against the greenback. It witnessed an intraday high of 81.30 and a low of 81.64 during the session.

  • Bond market’s liquidity conundrum   Sep 26, 2022 08:07 AM IST

    Bond market’s liquidity conundrum  

    Given the foreign exchange outflows, the RBI will have to supply liquidity to the money markets. How it chooses to do so is critical for interest rates and for the bond market in the months ahead 

  • Rupee tanks 90 paise to close at all-time low of 80.86 against US dollar Sep 22, 2022 05:32 PM IST

    Rupee tanks 90 paise to close at all-time low of 80.86 against US dollar

    Forex traders said the US Fed's rate hike and escalation of geopolitical risk in Ukraine sapped risk appetite.

  • Forex interventions not limiting monetary policy independence, finds RBI staff paper Sep 21, 2022 06:29 PM IST

    Forex interventions not limiting monetary policy independence, finds RBI staff paper

    The RBI's forex intervention to contain volatility of the rupee’s exchange rate against the dollar and the resultant increase in the money supply is “neither inflationary nor elicits a policy rate response, the paper showed.

  • Rupee rises 7 paise to close at 79.74 against US dollar Sep 20, 2022 04:11 PM IST

    Rupee rises 7 paise to close at 79.74 against US dollar

    At the interbank forex market, the local unit opened at 79.70 against the greenback. It witnessed an intraday high of 79.58 and a low of 79.77 during the session.

  • Moneycontrol Selects: Top stories this evening Sep 19, 2022 06:46 PM IST

    Moneycontrol Selects: Top stories this evening

    Our specially curated package of the most interesting articles to help you stay at the top of your game

  • India spends forex reserves faster than 2013 taper-tantrum pace to rein in the rupee Sep 19, 2022 12:16 PM IST

    India spends forex reserves faster than 2013 taper-tantrum pace to rein in the rupee

    The Reserve Bank of India has sold a net of $38.8 billion from its forex reserves between January and July this year, data released on Friday showed.

  • Decadal low forward dollar premiums could be slow to rise back Sep 16, 2022 05:42 PM IST

    Decadal low forward dollar premiums could be slow to rise back

    Expectations that the RBI won’t need to match up the intensity of the US Fed in rate hikes have strengthened the view that the interest rate differential is set to narrow further in the coming months. A narrowing interest rate differential reduces the benefit of buying dollars in the future.

  • Rupee drops by 35 paise against USD on forex outflows, rate hike fears Sep 14, 2022 08:20 PM IST

    Rupee drops by 35 paise against USD on forex outflows, rate hike fears

    Foreign fund outflows and losses in the domestic equity markets also hit the rupee sentiment, forex traders said.

  • Rupee rises 36 paise to close at 79.17 against US dollar Sep 13, 2022 04:21 PM IST

    Rupee rises 36 paise to close at 79.17 against US dollar

    At the interbank forex market, the local unit opened at 79.30 against the greenback. It witnessed an intraday high of 79.03 and a low of 79.33 during the session.

  • Rupee rises 2 paise to close at 79.55 against US dollar Sep 12, 2022 04:11 PM IST

    Rupee rises 2 paise to close at 79.55 against US dollar

    At the interbank forex market, the local unit opened at 79.66 against the greenback. It witnessed an intraday high of 79.47 and a low of 79.72 during the session.

  • What is RBI’s “Alert List” Sep 09, 2022 05:05 PM IST

    What is RBI’s “Alert List”

  • Rupee falls 7 paise to 79.89 against US dollar Sep 07, 2022 04:13 PM IST

    Rupee falls 7 paise to 79.89 against US dollar

    At the interbank foreign exchange market, the domestic currency opened at 79.93 per dollar. It hovered in a range of 79.84 to 79.94 during the session.

  • Alert list: RBI says 34 entities can't deal in forex, operate trading platforms Sep 07, 2022 04:10 PM IST

    Alert list: RBI says 34 entities can't deal in forex, operate trading platforms

    The central bank has been cautioning the public not to undertake forex transactions on unauthorised ETPs or remit/deposit money for unauthorised forex transactions

  • Indian rupee slips to record low, RBI steps in Aug 29, 2022 04:16 PM IST

    Indian rupee slips to record low, RBI steps in

    The rupee closed at 79.9625 per U.S. dollar, down from 79.8650 in the previous session.

  • Foreign exchange reserves decline to $564.053 billion Aug 26, 2022 06:29 PM IST

    Foreign exchange reserves decline to $564.053 billion

    According to figures from the Reserve Bank of India (RBI), the nation's foreign exchange reserves decreased by USD 6.687 billion to USD 564.053 billion in the week ending August 19.

  • Rupee ends flat at 79.84 against US dollar Aug 22, 2022 04:16 PM IST

    Rupee ends flat at 79.84 against US dollar

    At the interbank foreign exchange market, the local currency opened weak at 79.90 and moved in a range of 79.78 to 79.92 during the session

  • Rupee falls 20 paise to close at 79.84 against US dollar Aug 19, 2022 04:05 PM IST

    Rupee falls 20 paise to close at 79.84 against US dollar

    At the interbank foreign exchange market, the local currency opened at 79.75 and moved in a range of 79.73 to 79.84 during the day.

  • Chart of the Day: RBI’s big short in forex Aug 19, 2022 09:33 AM IST

    Chart of the Day: RBI’s big short in forex

    The Reserve Bank of India's net forward position dropped by a massive $18 billion in June as the central bank went short on the dollar in the 1-month segment.

  • Rupee gains 29 paise to close at 79.45 against US dollar Aug 17, 2022 04:07 PM IST

    Rupee gains 29 paise to close at 79.45 against US dollar

    At the interbank forex market, the local unit opened strong at 79.32 against the greenback and witnessed an intra-day high of 79.26 and a low of 79.48.

  • What's behind the rise & fall in currencies? | 5 factors that affect a currency's value | Explained Aug 11, 2022 10:11 AM IST

    What's behind the rise & fall in currencies? | 5 factors that affect a currency's value | Explained

    What's behind the rise and fall in a currency's value? We all know that the rupee touched a historic low and fell below the 80 mark to a dollar recently. But who decides what the rupee's value is - and what are the factors that affect it? Moreover, what can central banks of countries do to ensure that they provide a cushion against global factors? All the answers in this comprehensive video above!