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1 min read
Coronavirus: RBI says 'closely monitoring' situation, will take measures for market stability
It conducted Rs 25,000 crore of a variable rate repo auction with a 7-day tenor. On Thursday, the R…
PTI
2 mins read
Rupee may depreciate to 77 against dollar in next few sessions
The foreign portfolio investors (FPIs) will hold a clue because if they keep selling and the marke…
PTI
2 mins read
RBI move on dollar liquidity re-assuring; rate cut appears very much on cards: Assocham
"Our large resource of foreign exchange of USD 487 billion gives an adequate elbow room to the RBI…
PTI
2 mins read
RBI to sell dollars worth USD 2 bn on Monday to sooth forex market
As part of its efforts to sooth the forext market, the RBI will undertake 6-month US Dollar sell/bu…
PTI
1 min read
The Indian Rupee Just Had Its Best Day In 4 Years
"The RBI will meet the entire daily dollar requirement of three public sector oil-marketing compani…
Sam Ro
2 mins read
India secures Japan’s help in saving the rupee by signing its largest currency swap agreement with the country ever
The move is a big win for the RBI, which will be able to bolster its foreign exchange reserv…
2 mins read
The rupee just clocked a seven-month high amid a surge in buying from foreign investors
The Indian rupee currently stands at at ₹68.52 against the US dollar - its highest level since earl…
2 mins read
Coronavirus: RBI to inject Rs 30,000 cr liquidity into market next week
The Reserve Bank reserves the right to decide on the quantum of purchase of individual securities,…
PTI
2 mins read
Coronavirus: RBI to inject Rs 10,000cr liquidity into market on Fri
In two liquidity enhancing measures, Das announced another round of USD 2 billion dollar-rupee swap…
PTI
1 min read
RBI Bought $5.8 Billion In April To Check Rupee’s Rise
The rupee has gained 12% against the US dollar since September 4, 2013, when Rajan took charge. It …
2 mins read
Rupee pares gains after stock meltdown, closes almost flat at 74.24
On the domestic equity market front, the 30-share BSE Sensex traded modestly higher for a majority…
PTI
1 min read
3 Big Emerging Market Central Banks Made Moves To Bolster Their Currencies
"Contrary to our ongoing view, the passthrough inflation pressure due to currency depreciation – al…
Sam Ro
1 min read
Rupee plunges 50 paise to 74.25 against US dollar amid coronavirus uncertainty
"Indian rupee in line with other Asian peers as concern over the global economic fallout from the …
PTI
1 min read
RBI to conduct 5th LTRO for Rs 25,000 cr on March 18
"On a review of current financial conditions and with a view to further improving monetary transmi…
PTI
2 mins read
Rupee drops 14 paise to close at 76.53 against dollar
"Asian currencies declined after China's central bank lowered its one-year loan prime rate which co…
PTI
3 mins read
Rupee falls 1 paisa to close at 83.96 against US dollar
At the interbank foreign exchange market, the local unit opened at 83.94 and touched an intrada…
PTI
1 min read
Rupee plunges 45 paise to 74.20 against US dollar in early trade
The Indian rupee plunged 45 paise to 74.20 against US dollar in early trade on Monday tracking weak…
PTI
2 mins read
Rupee rebounds 48 paise to 73.80 a dollar on RBI assurance
"The RBI is closely and continuously monitoring the rapidly evolving global situation and will tak…