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  • What is driving the fall in the Indian rupee to record lows? Oct 03, 2022 09:28 PM IST

    What is driving the fall in the Indian rupee to record lows?

    Runaway inflation in many economies, sell-off by FPIs in Indian equities, and fears of crude prices taking a U-turn northwards are piling pressure on the rupee

  • RBI may need to reload reserves as Indian rupee falls further: HDFC Bank economist Abheek Barua Sep 27, 2022 12:01 PM IST

    RBI may need to reload reserves as Indian rupee falls further: HDFC Bank economist Abheek Barua

    The Indian currency has weakened 9.5% so far this year, with the central bank defending the rupee via dollar sales that have depleted its forex reserves to $545 billion from the peak of $642 billion a year ago.

  • NCP asks Finance Minister Nirmala Sitharaman to explain why rupee has fallen to all-time low against USD Sep 26, 2022 12:27 PM IST

    NCP asks Finance Minister Nirmala Sitharaman to explain why rupee has fallen to all-time low against USD

    The rupee depreciated 43 paise to an all-time low of 81.52 against the US dollar in early trade on Monday as the strengthening of the American currency and risk-averse sentiment among investors weighed on the local unit.

  • Indian rupee may sink to 82.50 on towering dollar, funding gap: IDFC Sep 26, 2022 11:24 AM IST

    Indian rupee may sink to 82.50 on towering dollar, funding gap: IDFC

    The rupee on Monday dropped to a record low of 81.5775 as the dollar index raced to its highest level since May 2002 and the British pound tumbled.

  • RBI likely sells dollars as rupee hits fresh record low Sep 26, 2022 10:47 AM IST

    RBI likely sells dollars as rupee hits fresh record low

    The rupee hit a record low of 81.5525 per dollar, down from 80.99 in the previous session.

  • How hard is RBI trying to defend rupee? Sep 23, 2022 09:19 PM IST

    How hard is RBI trying to defend rupee?

  • Indian rupee weakens past 81-mark for first time against US dollar Sep 23, 2022 09:20 AM IST

    Indian rupee weakens past 81-mark for first time against US dollar

    This was the seventh out of eight sessions when the currency dropped and lost over 2.51% in this period. So far this year, it fell around 8.48%.

  • Indian rupee tipped to fall further after reaching record low, RBI key: Analysts Sep 22, 2022 12:25 PM IST

    Indian rupee tipped to fall further after reaching record low, RBI key: Analysts

    The rupee opened at a record low of 80.2850 per U.S. dollar, down from 79.9750 in the previous session.

  • Govt not averse to weaker rupee vs dollar: Source Sep 22, 2022 09:57 AM IST

    Govt not averse to weaker rupee vs dollar: Source

    The comments come against the backdrop of aggressive rate hikes from the U.S. Federal Reserve, which raised rates by 75 basis points overnight, vowing to battle to beat down inflation.

  • SBI not identified as nodal bank for trade with Russia Sep 15, 2022 06:42 PM IST

    SBI not identified as nodal bank for trade with Russia

    SBI says the RBI authorises all banks in India, including SBI, to open special Rupee Vostro account to promote invoicing in rupee

  • India is not defending INR, Rupee can take care of itself: CEA V Anantha Nageswaran Sep 13, 2022 01:13 PM IST

    India is not defending INR, Rupee can take care of itself: CEA V Anantha Nageswaran

    Anantha Nageswaran further said that the rupee is being managed in a manner that reflects the fundamentals of the economy.

  • Indian rupee shown more resilience than other currencies in recent years: Piyush Goyal Sep 12, 2022 03:09 PM IST

    Indian rupee shown more resilience than other currencies in recent years: Piyush Goyal

    Piyush Goyal also said that exporters should not be dependent on a depreciating rupee and they should stand on their own based on the quality of products and ability to serve the needs of customers in the global markets.

  • Rupee bruises far from healed, more pain on the cards: Poll Sep 07, 2022 09:23 AM IST

    Rupee bruises far from healed, more pain on the cards: Poll

    Sinking with other emerging currencies against a strong dollar, the rupee has hit rock-bottom multiple times this year and weakened over 7% in 2022.

  • Indian rupee falls 14 paise to 79.66 against US dollar in early trade Sep 01, 2022 09:51 AM IST

    Indian rupee falls 14 paise to 79.66 against US dollar in early trade

    At the interbank foreign exchange market, the rupee opened at 79.55 against the greenback, then fell further to 79.66, registering a decline of 14 paise over its last close.

  • Indian rupee to remain under pressure despite RBI support: Societe Generale Aug 26, 2022 12:03 PM IST

    Indian rupee to remain under pressure despite RBI support: Societe Generale

    "The RBI is likely to intervene at key levels such as 80," Kunal Kundu, economist at Societe Generale, wrote in the note.

  • A large chunk of RBI's forex reserves is funded by less durable flows Aug 23, 2022 08:33 AM IST

    A large chunk of RBI's forex reserves is funded by less durable flows

    The build-up in reversible flows over the past few years suggests a possible vulnerability in our currency market positioning, which merits monitoring 

  • Indian rupee at fair value despite balance of payment problems: JPMorgan analyst Aug 22, 2022 11:32 AM IST

    Indian rupee at fair value despite balance of payment problems: JPMorgan analyst

    India's balance of payments, a measure of how much the country relies on money from abroad, has been squeezed by a record trade deficit that has prompted economists to revisit their current account deficit and balance of payments (BoP)projections.

  • Indian rupee gains 4 paise to 79.80 against US dollar in early trade Aug 22, 2022 09:51 AM IST

    Indian rupee gains 4 paise to 79.80 against US dollar in early trade

    However, losses in the domestic stock markets weighed on the local unit and restricted the gain, forex traders said.

  • Indian rupee falls 12 paise to 79.76 against US dollar in early trade Aug 19, 2022 09:39 AM IST

    Indian rupee falls 12 paise to 79.76 against US dollar in early trade

    At the interbank foreign exchange, the rupee opened at 79.75 against the US dollar, then fell to 79.76, registering a decline of 12 paise over the last close.

  • Indian rupee seen weaker as Fed rate hike prospects strengthen US dollar Aug 19, 2022 08:38 AM IST

    Indian rupee seen weaker as Fed rate hike prospects strengthen US dollar

    The rupee is tipped to open around 79.75 per U.S. dollar in initial trades compared with 79.6725 in the previous session.

  • Indian rupee falls 23 paise to 79.68 against US dollar in early trade Aug 18, 2022 09:54 AM IST

    Indian rupee falls 23 paise to 79.68 against US dollar in early trade

    At the interbank foreign exchange, the rupee opened at 79.60 against the US dollar, then fell to 79.68, registering a decline of 23 paise over the last close.

  • Indian rupee rises 44 paise to 79.30 against US dollar in early trade Aug 17, 2022 10:14 AM IST

    Indian rupee rises 44 paise to 79.30 against US dollar in early trade

    Besides, a positive opening in the domestic equities amid moderating inflationary pressures boosted investor sentiments, according to forex dealers.

  • India @75 | A once-in-a-lifetime opportunity  Aug 13, 2022 10:36 AM IST

    India @75 | A once-in-a-lifetime opportunity 

    A political and economic shift away from China is taking hold. As we celebrate the 76th Independence Day, India is at a vantage point to seize this once-in-a-generation moment

  • Indian rupee falls 9 paise to 79.71 against US dollar in early trade Aug 12, 2022 09:35 AM IST

    Indian rupee falls 9 paise to 79.71 against US dollar in early trade

    At the interbank foreign exchange, the rupee opened at 79.67 against the US dollar and lost further ground to 79.71, registering a decline of 9 paise over the last close.

  • The RBI has done a fine job of managing the rupee’s fall Aug 11, 2022 04:21 PM IST

    The RBI has done a fine job of managing the rupee’s fall

    The Reserve Bank of India took several steps to mitigate the rupee’s woes, and even though the currency has weakened, the RBI has ensured that the rate of decline has been arrested

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