Rupee Depreciation

Rupee hurtling towards 90, here's how to guard your portfolio against currency turmoil

The rupee sank to a new low of 89.92 against the dollar on December 2. Experts recommend diversifying portfolios with global equities, gold and export-oriented sectors to hedge against further depreciation

Rupee slips to record low near 90: How will it impact study abroad plans and holiday budgets

The rupee has hit an all-time low of 89.76 against the US dollar on December 1, impacting students planning to study abroad and people looking forward to international holidays

Rupee at record low near 89-mark: What it means for overseas education and foreign travel

A weakened rupee is making households rethink their travel plan and also revisit their budgets for education abroad

Governor Sanjay Malhotra’s term sees Rupee’s biggest drop since Subbarao’s first 10 months

RBI Governor Sanjay Malhotra’s period has coincided with a challenging global environment marked by a persistently strong dollar, geopolitical tensions, and a widening interest rate differential between India and the US.

How Indian overseas-bound travellers are managing rising summer vacation costs, forex outgo

Given the impact of currency movements on travel budgets, international travellers should plan their foreign currency requirement wisely

Why locking in forex rates is critical in choppy currency markets

Travellers and students can protect themselves from currency fluctuations, with nary a worry about a receding Rupee.

Rupee depreciation: How Indian students can minimise the impact on overseas education budget

Rupee depreciation acts as hidden inflation for Indian students aspiring to study abroad, significantly increasing the cost of education, even if universities do not raise tuition fees

Rupee fall not alarming, part of gradual depreciation due to global uncertainty: Economists

The RBI stepping in to contain an over-appreciating rupee against the backdrop of geopolitical tensions and economic uncertainties so as to maintain India's export competitiveness, among other things, is behind the currency's movement. The central bank, they add, has enough levers to prevent volatility.

Small depreciation in the rupee is par for the course

The RBI’s focus has been to maintain stability in foreign exchange markets even as the rupee has been allowed to devalue very slowly, helping India’s foreign trade

What’s behind the rupee’s never-ending depreciation?

India does not have to raise its policy rates in tandem with US rates: Adrian Mowat

Veteran EM strategist said that Indian will continue to be an attractive investment destination

Rupee movement ‘orderly’ in FY23 so far, reflects fundamentals: RBI Governor Das

The RBI’s endeavour has been to anchor expectations and allow the exchange rate to reflect the fundamentals rather than overshoot, Shaktikanta Das said

Rupee hits 80/USD | Things that get expensive when currency weakens | Finance News | Rupee vs Dollar

Rupee has hit the 80 mark against the dollar for the first time ever. The currency has been in a free fall and depreciated for the eighth consecutive session against the backdrop of foreign fund outflows, widening trade and current account deficits. Safe-haven demand for US dollars on rising global recession risks has also contributed to the weakness. The steep fall in the domestic currency will lead to costlier imports and even more expensive overseas education and travel. Watch the video to find out why you should care about a depreciating rupee.

This Elliott-Wave expert sees rupee falling to 85, Nifty to 14,200 after pull-back rally

The recent rally, which started in mid June and which could send Nifty all the way up to 16,600-17,000, does not mean that we are out of the bear market, said Rohit Srivastava, founder and market strategist at Indiacharts.

RBI may shift focus to growth as inflation eases; no magic wand for rupee: SocGen’s Kundu

There has to be a trade-off the central bank has to look at and hence re-focus on growth once inflation provides some semblance of control, Kunal Kumar Kundu has said

Rupee fall precipitated by global factors, crude price, foreign outflows, says finance minister

While the depreciation of a currency is likely to enhance export competitiveness, it would also make imports costlier, the minister said.

Rupee is ruffled, but you needn't fret too much over the currency slump

While a falling currency is likely to continue making headlines, it is not out of line with the global trend. Several other emerging market and even developed market currencies have fallen more than the rupee so far this year against the dollar

As the rupee continues tumbling, what does it mean for stock markets?

As global economies cut back on discretionary spending in the face of recession, export-focused discretionary sectors are likely to be hit the hardest as demand comes down abroad

Time will tell the extent to which the rupee gets internationalised

Going by the experience of masala bonds, it is worth noting that their issuance has remained a very minor and insignificant fraction of overall external commercial borrowings

RBI’s rope trick will likely see a redux

RBI’s strategy to protect the rupee’s currency value is based on attracting NRI deposits. That is not going to be easy

Banking Central | India fighting a losing battle on the rupee front

After the Government raised import duty on gold and oil last week, the RBI has followed up with measures to attract more foreign funds. The idea is to stem the rupee’s fall. But, probably, India is fighting a losing battle, as risks to currency are mainly emerging from global events.