Indian Rupee

​Rupee rebounds from 6-month lows, spurts 13 paise

Positive macroeconomic data supported the domestic unit.

Now shop at Dubai airports using Indian Rupee

The acceptance of Indian currency is good news for Indian tourists as earlier they lost a sizeable amount due to exchange rates.

Dollar squeeze in swaps signals trouble for world economy

An average of the spread on G-10 currencies indicated the punishment for not having the US. currency.

Rupee forecast to bounce back from recent drubbing: Reuters poll

Rising political risk after India revoked Article 370, knocked rupee pushing it to a 5-month low.

Rupee skids for 5th day, drops 8 paise to 70.89

This is the fifth straight session of loss for the domestic currency, during which it has lost a hefty 210 paise.

India's Reliance to buy 87.6% stake in Fynd: Company statement

Reliance Industries already runs retail stores and has announced plans to diversify into e-commerce.

SBI invites bids for Videocon's overseas oil, gas assets

Videocon is one of the most indebted cos in India, with outstanding loans worth around Rs 60,000 cr from its financial and operational creditors.

Rupee forecast to bounce back from recent drubbing: Poll

The rupee is forecast to gain nearly 2% to trade at 69.60 per dollar in a year.

AustralianSuper, Ontario Teachers’ to invest $2 bn in NIIF

The agreements include commitments of $250 million each in the Master Fund and co-investment rights of up to $750 million each in future opportunities alongside the Fund.

Rupee suffers biggest fall in 6 years, slumps Rs 1.13

China let its yuan weaken below 7 to the dollar on Monday, an 11-year low.

Most bullish forecaster sees Indian rupee at 67 on Modi return

Rupee may strengthen to 67 per dollar by end-June, a level last seen in the same month last year, said Qi Gao.

The overseas sovereign bond conundrum

Sovereign bond issuance overseas, would limit the impact of any global or local stress on domestic markets.

RBI seen set for 4th interest rate cut of 2019

If the RBI does cut by 25bps it would become the most dovish among Asian central banks.

Rupee hits 5-week low of 69.06, drops 27 paise

The dollar index rose 0.35 per cent to 98.85.

ArcelorMittal reports $447 million loss for June quarter

ArcelorMittal India - a subsidiary - had submitted a competitive resolution plan for ESIL.

More bullish on Indian equities than Indian rupee: Chris Wood, CLSA

Since the leadership of the RBI has changed we have seen more monetary easing, says Wood.

Market Movers: What changed for D-Street while you were sleeping

DIIs were net buyers to the tune of Rs 2,289 crore, data suggests.

A Supreme Court ruling could allow millions of home workers to access benefits

SC this week directed Godavari Garments Limited to make pension payments of more than Rs 1 million to the women it employed within a month,

Rupee snaps 4-day losing run, gains 15 paise

The rupee had settled at 69.04 against the US dollar on Thursday.

India rice exports could hit 7-year low on weak demand, higher prices: Industry

Lower shipments from India will help rivals such as Vietnam and Myanmar in raising their exports, according to Indian exporters.

Indian govt seeks to tap foreign lenders for loans to its small firms-sources

Germany's state-owned development bank KfW Group's India office confirmed the discussions, though the main focus was on credit lines to support small businesses' solar power generation. The talks were at an early stage, KfW said.

Rupee settles almost flat at 68.94 against US dollar

A weak trend in domestic equity market also weighed on investor sentiment.

Rupee slips 12 paise to 68.92 on rising crude

Forex traders said a stronger US dollar against major currencies overseas also weighed on the rupee sentiment.

Jet Airways' lenders approve interim finance plan for the carrier

Jet Airways’ resolution professional on Thursday disclosed that creditors have claimed Rs 24,887 crore of dues under IBC.

Strong rupee, lower GDP likely to tame inflation in India to 4.1% in this fiscal: ADB

India will be the main driver to lower the inflation for the South Asian region, Asian Development Bank said.

Rupee logs 3rd straight loss on fund outflows, rising crude

An unabated sell-off in domestic equities also impacted trading pattern in the forex market.

Rupee slips 9 paise to 68.80 vs USD in early trade

The rupee Tuesday had closed at 68.71 against the US dollar.

Rupee falls for 3rd day, settles 15 paise down at 68.97

Forex traders said, foreign fund outflows and weak Asian currencies weighed on the local unit.

Market Movers: What changed for D-Street while you were sleeping

Foreign portfolio investors (FPIs) were sellers of domestic stocks to the tune of Rs 1,057 crore on Thursday.

ADB trims FY20 growth forecast to 7% from 7.2%

For the South Asian region, ADB said the outlook remains robust, with growth projected at 6.6% in 2019 and 6.7% in 2020.

Rupee ends flat at 68.95 against dollar

The domestic currency settled at 68.95 against the US dollar, down 1 paisa over its last close.

Short bets on most Asian currencies recede on Fed rate-cut prospects

The US Federal Reserve's first rate reduction in a decade is expected later this month.

Analyst Calls: ACC, Hindalco Industries, DB Corp, Dabur India, L&T Infotech

CLSA has retained its buy rating on ACC and raised target price to Rs 2050 from Rs 2000.

Rupee slips 10 paise to 68.54 vs US dollar in early trade

The Indian rupee Thursday had closed at 68.44 against the US dollar.

Rupee rises by 15 paise to 68.54 against dollar

Forex traders said Indian rupee gained taking cues from the higher Asian currencies.

Rupee settles 9 paise higher at 68.94 against US dollar

Dollar index, which gauges greenback's strength against basket of six currencies, rose 0.27%.

Investors can increase their exposure to equities through SIP: Atul Kumar of Quantum MF

June turned out to be a quiet month for Indian equities.

India's external debt rises 2.63 pc to USD 543 billion at March-end

The increase in external debt was partially offset by valuation gain resulting from the appreciation of the US dollar against Indian rupee and other major currencies.

Rural India has to progress for country to progress, says HUL chairman Sanjiv Mehta

"While our average FMCG consumption in the country is just $30-35, in rural India it is half this amount", says Hindustan Unilever chairman Sanjiv Mehta.

About $94 billion worth NRI deposits come up for maturity in FY 20

The Rupee is staring at a shaky year ahead as nearly $94 billion of NRIs deposits mature.

Rupee edges up 6 paise to 68.89 against dollar

The rupee had settled at 68.95 against the US dollar Tuesday.

Air travel to become bit costlier as govt announces hike in aviation security fee from July 1

For international passengers, the ASF will be increased from 3.25 USD to 4.85 USD from next month.

'Bahikhaata' Budget angers middle class on social media

Finance Minister Nirmala Sitharaman announced that the government aims to increase the present $2.7 trillion economy to $5 trillion by 2025.

Rupee logs 3rd straight loss; Indo-US trade tiff weighs

The domestic currency has lost 57 paise in the last three sessions.

Rupee firms up by 10 paise to 69.34 against US dollar

Indian currency has strengthened by 31 paise in the last two sessions.

Rupee settles marginally higher at 69.03 against US dollar

Rupee opened at 69.00 and swung between the day's high of 68.88 and low of 69.11 to US dollar.

Sensex, Nifty end marginally lower on F&O expiry

The 30-share BSE Sensex settled 5.67 points, or 0.01 per cent, lower at 39,586.41.

Sensex rises 157 points; metal, power stocks rally

The index hit an intra-day high of 39,674.22 and a low of 39,319.64.

Morgan Stanley says it’s time to buy emerging market currencies

An index of developing-market currencies flirts with the highest level since April.

Sensex spurts 312 points; energy, auto, banking stocks rally

RIL was the biggest gainer in the Sensex pack, rising 2.63 per cent.

View: Newsprint duty will hurt our democracy

The government’s hike in customs duty is going to burden all newspapers with higher input cost.

Bond investors loving it, as Modi goes offshore to fund Budget gap

PM Modi faces shrinking options to raise funds as a slowing economy crimps tax revenue.

Rupee settles 8 paise higher at 69.07 against US dollar

On Wednesday, the rupee had settled at 69.15 against the US dollar.

Sensex plunges 407 pts; Yes Bank cracks 4 per cent

The index hit an intra-day low of 39,121.30 and a high of 39,617.95.

Credit crisis in the bond markets is not over yet: Pankaj Pathak of Quantum Mutual Fund

The 10 year government bond yield which was quoting around 7.4 per cent in April fell to 6.9 per cent by the June end.

Rupee settles 21 paise higher at 69.15 to dollar

Rupee settled at 69.15, up 21 paise against its previous close of 69.36.

Rupee pares gains, settles flat at 69.36 a US dollar

Rupee opened at 69.32 a dollar and touched a low of 69.40 and high of 69.22 during the day.

Rupee ends flat at 69.28 after RBI cuts rate

Indian bonds and Forex markets were closed Wednesday on account of Id-Ul-Fitr.

Sensex soars 489 points as dovish Fed lifts global markets

Yes Bank was the biggest gainer in the Sensex pack, rallying 10.94 per cent.

Rupee slips 4 paise to 69.38 vs US dollar in early trade

Foreign institutional investors (FIIs) pulled out Rs 1,050.43 crore on a net basis Wednesday

Sensex ends 66 points higher; auto, bank stocks tank

Top gainers in the Sensex pack included Tata Steel, Kotak Bank, NTPC, HDFC twins, PowerGrid and ONGC, rising up to 4.60 per cent.

Rupee recovers 21 paise against US dollar

Rupee finally settled at 69.44, higher by 21 paise from the previous close.

Rupee pares gains, settles 19 paise lower against US dollar

Gains in domestic equities and foreign fund inflows supported the rupee and capped its losses to some extent.

Rupee settles 8 paise higher at 68.42 on Budget day

On a weekly basis, the Indian currency has gained 61 paise.

Bearish bets on Indian rupee, Indonesian rupiah at highest in years: Reuters poll

Appetites for risky assets were further reduced by South Africa's economy also slipping into recession.

Rupee loss widens by 30 paise to 69.80 against US dollar

The rupee had settled at 69.50 against the US dollar Thursday.

Rupee pares most early losses post RBI rate cut

The rupee had settled at 69.26 against the US dollar Tuesday.

Rupee slips 19 paise against dollar ahead of RBI policy outcome

Forex traders said a cautious opening in domestic equities weighed on the local unit.

Rupee snaps 3-day winning run, settles 20 paise down at 70.23

Forex traders said the decline in the local unit was in tandem with the weakness in other major Asian currencies vis-a-vis the US dollar.

Rupee tumbles 14 paise against dollar on US-Iran tensions

Rupee dived 14 paise to close at 69.58 against the US dollar Friday.

Bears dig in on Asian currencies as trade war reignites

Mood across markets have been apprehensive with investors shifting money to safer bets.

Rupee maintains form, spurts 15 paise to 69.22 vs dollar on sliding oil prices

The domestic unit opened flat at 69.38 and advanced to a high of 69.20 during the day.

Gold Rate Today: Gold prices edge up on improved spot demand

Weak rupee makes the import of gold costlier and pushes the price of the precious metal higher.

Rupee slips 15 paise to 69.84 vs US dollar in early trade

The rupee had settled at 69.69 against the US dollar Tuesday.

Sensex dives 554 points despite RBI rate cut; financial stocks crack

Sensex dragged down by losses in banking, energy and capital goods stocks even as the RBI cut the policy rate to shore up growth.

Watch: What's driving the Indian rupee lower

Market Movers: What changed for D-Street while you were sleeping

Here's what might matter on Dalal Street all through the day.

Rupee ends flat at 69.26 ahead of RBI policy decision

The RBI's Monetary Policy Committee (MPC) is slated to announce its bi-monthly policy on Thursday.

Indian Rupee hits an all-time low of 72.69 versus US dollar

Indian Rupee has now touched the historic low mark and on midday, the value of Indian currency has been 72.69 versus the US dollar.Indian Rupee hits an all-time low of 72.69 versus US dollar

Jewellers, traders stock gold ahead of election results

Gold and dollar may attract safe haven buying if the situation worsens.

Indian rupee to languish around 70 per dollar a year from now: Reuters poll

"The recent financial market turmoil has pushed the rupee too low," said Rabobank.

Reform agenda will be more inclusive if Modi-led govt comes to power again: Report

"Boosting rural growth will also be a priority through expanding the already announced PM-Kisan scheme but is unlikely to include a nationwide farm loan waiver," DBS Group Research Economist Radhika Rao said.

DBS expects RBI to cut 25 bps at June 6 meet

Any resultant impact on the Indian rupee and markets will leave the RBI on a cautious footing.

Why Indian Rupee is depreciating and how its peers performing against US Dollar

Emerging market currencies sank in Asia on Friday, with the Indian rupee at a record low as dealers fear contagion from financial crises in Argentina and Turkey. Indian Rupee hit fresh record lows going past Rs 71/USD. ET Now's Poonam Sahni joins in to tell whats leading to pressure on Indian rupee and performance of Peers against US Dollar.Why Indian Rupee is depreciating and how its peers performing against US Dollar

Gold Rate Today: Gold lacklustre on rupee's rise, rally in equities

A rally in equities also wanned the appeal of safe-haven metal.

Most currencies ease on trade war woes, won leads decline

The won is the worst regional performer so far this year, having lost more than 6 per cent.

US-China trade spat could lead to dumping of Chinese goods in emerging markets: India Ratings

Any slowdown in Chinese exports to the US on account of the recent imposition of tariffs on Chinese goods could result in a corresponding rise in Chinese exports to other EMs, it said.

Rupee slips 29 paise to 70.32 vs USD in early trade

The rupee opened weak at 70.22 at the interbank forex market and then fell further to 70.32.

RBI dollar auction demonstrates strong demand

With these two moves, the banking system will have cash injection of nearly Rs 60,000 crore.

Market Movers: What changed for D-Street while you were sleeping

Check out what all might matter on Dalal Street all through the day.

Market Movers: What changed for D-Street while you were sleeping

FPIs were net sellers of domestic stocks to the tune of Rs 390 crore on Wednesday, data available with NSE suggested.

Rupee slips 46 paise to 70.37 against US dollar

The local unit, however, pared some losses and was quoted at 70.16 against the American currency at 0937 hrs.

Rupee jumps by 44 paise to 69.26

The domestic currency opened strong at 69.48 and later rose to the day's high of 69.10 at the interbank forex exchange market.

Asian Development Bank to provide USD 750 million loan to India for railway track electrification project

Concurrently, with the loan agreement signing, risk participation agreements were signed with private risk participants for the project.

Market Movers: What changed for D-Street while you were sleeping

DIIs were net buyers to the tune of Rs 141.09 crore, data suggests.

Rupee edges up 2 paise as investors turn cautious

The rupee had appreciated 49 paise to 69.74 against the US dollar in the previous session.

Indices off record highs; Sensex slumps 383 pts on profit booking

An intense selling was seen, barring initial hours, across sectors.

Market Movers: What changed for D-Street while you were sleeping

Check out what all might natteron Dalal Street all through the day.

Sovereign borrowing in foreign currencies: Original sin or salvation?

The nation would now raise loans in London, New York or Tokyo.