Money & Forex Markets
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January 30, 2023, Monday
Rupee falls 10 paise to 81.69 against US dollar amid FPI outflows
The rupee depreciated 10 paise to 81.69 against the US dollar in early trade on Monday, weighed down by significant foreign fund ...
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January 27, 2023, Friday
Burgeronomics: Big Mac index suggests rupee is undervalued by over 40%
A burger in India costs considerably less than peer economies
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January 27, 2023, Friday
Here's why bond veteran sees India's benchmark yield trending downwards
Investors will get a sense of how much more debt India is planning to raise in it's upcoming Feb 1 budget
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January 27, 2023, Friday
Rupee closes at 81.53 against US dollar amid heavy selling pressure
The rupee appreciated 8 paise to close at 81.53 (provisional) against the US dollar on Friday amid a firm American currency ...
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January 25, 2023, Wednesday
India should consider reducing 1% TDS rate on cryptocurrency trade: Report
India should consider lowering the 1 per cent TDS on crytocurrency trade as a high rate is causing a flight of capital and users ...
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January 24, 2023, Tuesday
Rupee falls 26 paise to 81.68 against dollar amid rise in forex outflows
Early gains in domestic equity markets and a weak dollar against world currencies, however, restricted the rupee's losses
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January 23, 2023, Monday
Rupee falls 21 paise to 81.38 against US dollar amid rise in crude prices
The rupee fell 21 paise to close as 81.38 (provisional) against the US dollar on Monday amid rise in crude prices. However, ...
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January 20, 2023, Friday
Forex reserves zoom by $10.417 bn to $572 bn as on Jan 13: RBI data
India's forex reserves zoomed by USD 10.417 billion to USD 572 billion as on January 13, making it one of the biggest weekly ...
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January 20, 2023, Friday
Dollar around seven-month low as growth concerns mount, yen retreats
The US dollar loitered around its seven-month lows on Friday as fears of an economic slowdown dented risk appetite
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January 19, 2023, Thursday
NRIs' deposits touch $134 billion in November 2022: RBI bulletin
Old data for October 2022 had shown that outstanding amounts in NRI deposits had broken the streak of continuous fall for the ...
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January 19, 2023, Thursday
RBI bought net $4.36 billion in spot forex market in November, shows data
The RBI said it purchased $22.28 billion and sold $17.92 billion in the spot market
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January 19, 2023, Thursday
Rupee opens at 81.45 per dollar as growth fears hit risk sentiment
The local currency on Tuesday climbed 0.6%, likely helped by dollar debt inflows, according to traders
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January 18, 2023, Wednesday
Rupee falls 13 paise to 81.82 against US dollar as crude oil price rise
Brent crude futures, the global oil benchmark, advanced 0.65 per cent to $86.48 per barrel
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January 16, 2023, Monday
Rupee weakens amid thin volumes on FII outflow, greenback rebound
Trade volumes were thin as US markets were closed for Martin Luther King Day
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January 13, 2023, Friday
Forex reserves drop by $1.268 billion to $561.583 billion, says RBI
India's forex reserves declined by USD 1.268 billion to USD 561.583 billion for the week ended January 6, the Reserve Bank said
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January 12, 2023, Thursday
Rupee closes at 81.57 against dollar amid muted trend in domestic equities
On Wednesday, the rupee settled at 81.68 against the US dollar
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January 11, 2023, Wednesday
Rupee continues winning streak, gains 1.5% in 3 days on foreign flows
Reduced dollar demand from oil firms, lack of RBI dollar buys prop up rupee
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January 10, 2023, Tuesday
Rupee gains nearly 100 paise in two days to below 82 against dollar
Overseas flows, lack of RBI dollar buys behind best rupee showing in 2 months
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January 10, 2023, Tuesday
Rupee up 18 paise to 82.17 against dollar in early trade as oil prices ease
The rupee rose 18 paise to 82.17 against the US dollar in early trade on Tuesday on easing crude oil prices. Forex traders said ...
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January 09, 2023, Monday
Rupee gains 33 paise to 82.33 against US dollar in early trade today
The rupee appreciated 33 paise to 82.33 against the US dollar in early trade on Monday, supported by a weak American currency and ...
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January 29, 2023, Sunday
Resilient growth outlook seen bringing FPI flows back to India
A likely tapering of rate hikes by US Fed is also seen taking the global sheen off the dollar and working in favour of emerging ...
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January 27, 2023, Friday
10-year bond yield at highest since November on Budget 2023 jitters
Last auction before Budget sees weak demand; market fears large borrowing in FY24
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January 27, 2023, Friday
India's forex kitty rises by $1.727 billion to $573.727 billion: RBI data
India's forex reserves increased by USD 1.727 billion to USD 573.727 billion in the week ended January 20, the Reserve Bank of ...
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January 27, 2023, Friday
Rupee appreciates by 9 paise to 81.52 against US dollar in opening trade
The rupee appreciated by 9 paise to 81.52 against the US currency in early trade on Friday as crude oil prices were little ...
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January 24, 2023, Tuesday
Rupee closes at 81.70 against dollar amid unabated foreign fund outflow
The rupee fell 28 paise to close as 81.70 (provisional) against the US dollar on Tuesday as unabated foreign fund outflow hit ...
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January 23, 2023, Monday
After breaching 81 vs USD, rupee weakens as importers purchase greenback
The domestic currency closed at 81.39 per dollar on Monday, against 81.13 per dollar on Friday
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January 23, 2023, Monday
Rupee may firm past 81 per dollar, bond yields to edge up ahead of Budget
The rupee rose for a second straight week, gaining 0.25% over last week to end at 81.12 per dollar on Jan. 20, as the greenback ...
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January 20, 2023, Friday
Rupee closes at 81.18 against US dollar amid surge in crude oil prices
The rupee appreciated 18 paise to close at 81.18 (provisional) against the US dollar on Friday on broad dollar ...
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January 20, 2023, Friday
Rupee up briefly, searches for direction around familiar resistance level
The Indian rupee briefly rose against the dollar above a level that's being closely watched by traders, but was unable to pierce ...
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January 19, 2023, Thursday
RBI net bought US dollars for first time in five months in November
The RBI purchased US dollars worth $22.28 billion and sold US dollars worth $17.92 billion in November, data in the central ...
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January 19, 2023, Thursday
Rupee closes at 81.37 against dollar amid muted trend in domestic equities
In the previous session on Wednesday, the rupee had settled at 81.30 against the US dollar
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January 18, 2023, Wednesday
Rupee snaps 3-day declining streak, rises 28 paise to 81.41 against dollar
The dollar index, which gauges the greenback's strength against a basket of six currencies, declined 0.45 per cent to 101.93
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January 17, 2023, Tuesday
Rupee likely to fall on weak Asia foreign exchange, waning momentum
The rupee on Monday had opened higher, but reversed course on heavy dollar-buying by public sector banks to suffer its worst ...
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January 16, 2023, Monday
Rupee pares initial gains, falls 21 paise to close at 81.59 against dollar
The domestic currency finally settled at 81.59, down 21 paise over its previous close
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January 13, 2023, Friday
Rupee to open higher on Friday as data boosts smaller Fed rate-hike bets
The rupee was likely to be around 81.20-81.30 per dollar in early trades, compared to 81.55 in the previous session
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January 12, 2023, Thursday
Rupee up 14 paise to 81.54 per dollar amid firm trend in domestic equities
The rupee gained 14 paise to 81.54 against the US dollar in early trade on Thursday supported by broad dollar weakness and a firm ...
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January 11, 2023, Wednesday
Rupee gains 13 paise to 81.61 against US dollar as crude prices ease
At the interbank foreign exchange, the domestic unit opened at 81.73 against the dollar, then gained ground to touch 81.61, ...
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January 10, 2023, Tuesday
Rupee closes at 81.78 against dollar; biggest single-day gain since Nov
The rupee gained 57 paise to close at 81.78 (provisional) against the US dollar on Tuesday, the biggest single-day gain since ...
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January 09, 2023, Monday
Rupee closes at 82.37 against dollar amid firm trend in domestic equities
The rupee gained 29 paise to close at 82.37 (provisional) against the US dollar on Monday, supported by a weaker greenback ...
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January 06, 2023, Friday
Forex reserves up by $44 mn to $562.85 bn on rise in RBI gold reserves
Foreign currency assets declined by $302 mn to $498.19 bn in week ended Dec 30
