Forex

Fund outflows weighed on the domestic currency

Euro keeps its eyes on ECB meeting

INR closed marginally down due to worries of an alarming surge in Covid cases.

Dollar index drops from its five-month peak hit last month

The risk of more lockdowns as Covid-19 cases surged, hurt investor sentiments

Greenback weighed down by improved risk sentiment as stocks rally globally

After declining for two consecutive weeks, the country’s forex reserves surged $4.34 billion to $581.21 billion in the week ended April 9, according ...

The rupee strengthened by 58 paise to end at 74.35 (provisional) against the US dollar on Friday, supported by positive domestic equities amid ...

Local unit tracks gains in domestic equity market and easing crude oil prices

The rupee weakened past 75 per dollar for the first time in eight months this week

Forex and money markets will remain closed on Tuesday on account of "Gudi Padwa".

The rupee depreciated further on Monday to cross 75 against the dollar mark, spooked by the likely adverse impact of the second wave of Covid-19 ...

Rising crude oil prices, foreign fund outflows and spiking Covid-19 cases weighed on the domestic currency

‘RBI’s quantitative easing program could lead to inflationary concerns, capping the appreciation bias of the rupee’

The rupee fell for the fourth straight session and settled 11 paise down at 74.58 (provisional) against the US dollar on Thursday amid fears that a ...

Worst one-day fall in 20 months

If the 74-level is breached, INR will touch 74.50 and could even depreciate to 74.75 in the near term.

RBI holds repo rate steady at 4 per cent

Inflows were positive in all months, except in April (₹6,884 crore) and September (₹7,783 crore)

The dollar index has risen 0.05 per cent to 93.06

The dollar held near a multi-month high against other major currencies on Thursday as investors bet fiscal stimulus and aggressive vaccinations will ...

Rising greenback, possible dollar-purchases by nationalised banks weigh on the currency unit

The shares of Spicejet Ltd gained over 2 per cent on Wednesday after the company announced that it has signed a Memorandum of Understanding (MoU) with ...

The local currency is likely to depreciate to 74 in the upcoming week