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Forex reserves climb $3.62 bn to record $538.191 bn
The reserves had crossed the half-a-trillion mark for the first time in the week ended June 5, 2020, after it had jumped by USD 8.223 billion to USD 501.703 billion.
Foreign exchange reserves up by $64.9 billion in FY20
This increase in reserves includes the valuation effects, the Reserve Bank of India sai...
Forex kitty swells nearly $5 bn to fresh high of $522.63 bn
The overall reserves had swelled by USD 1.275 billion to USD 517.637 billion in t...
Average value of rupee to be at Rs 75.98 vs dollar in FY21: Report
The country's foreign exchange reserves rose to a lifetime high of $517.64 billion in the week ended July 17, 2020 from $476.88 billion at end-March 2020.
Forex reserves hit fresh all-time high, touch $513.25 bn
In the previous week ended Jun 26, the reserves had increased by USD 1.27 billion to USD 506.84 billion.
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Rupee settles 6 paise lower at 74.90 against US dollar
At the interbank forex market, the local unit opened at 74.85 against the US dollar, then lost ground and finally settled at 74.90 against the American currency, registering a decline of 6 paise over its previous close of 74.84.
Rupee settles on flat note, down 1 paisa at 74.84 against US dollar
During the session, the domestic unit witnessed an intra-day high of 74.78 and a low of 74.92 against the greenback.
Rupee settles 5 paise lower at 74.83 against US dollar
During the session, the domestic unit witnessed an intra-day high of 74.77 and a low of 74.93 against the greenback.
Weaker dollar is a reprieve for central banks hoping to ease
A 10 per cent decline in the Bloomberg dollar index since its March high has stemmed a tide of capital outflows triggered by the coronavirus pandemic, and drawn foreign investors back into Asia’s capital markets.
Rupee settles 12 paise higher at 74.78 against US dollar
At the interbank forex market, the local unit opened at 74.83 against the US dollar and gained further ground to settle at 74.78, up 12 paise over its previous close of 74.90.
Euro up after ZEW survey; dollar near one-week high after weeks of losses
Euro/dollar was last up 0.4 per cent at $1.1782, after earlier falling to $1.1722, its weakest since Aug. 4, boosting the U.S. currency. Before that, the dollar had declined for seven straight weeks.
Dollar off 2-year low as investors await US stimulus talks
The euro changed hands at $1.1741 having eased 0.5% in previous trade. The dollar stood little changed at 105.96 yen
Rupee settles 3 paise higher at 74.90 against US dollar
Domestic unit witnessed an intra-day high of 74.85 and a low of 74.96 against the American currency.
The toughest times may be over for Asia’s worst-performing currency
Rupee may strengthen to 75 per dollar by end of December, according to a Bloomberg survey.