FOREIGN EXCHANGE MARKET
RBI buys net $6.93 billion in currency market in November
The RBI bought $7.46 billion and sold $530 million in the market in November
Rupee settles 3 paise down at 71.11 against dollar
Forex traders said the drop in the rupee was largely due to a spurt in crude oil prices fo...
China's forex regulator vows to prevent risks, keep market stable
Participants at a meeting by the regulator on Friday called for the preven...
Rupee rises 16 paise to 71.04 against dollar
At the interbank foreign exchange market, the rupee opened at 71.24 against the US dollar
Rupee slips 12 paise to 71.74 against dollar
Rupee finally settled at 71.74, lower by 12 paise against its previous close.
Rupee drops 15 paise to 71.08 against dollar
During the week, the domestic unit lost 14 paise.
Rupee settles 10 paise lower at 71.81 against USD
On Tuesday, the local unit had settled at 71.71 against the greenback.
Rupee drops 11 paise to 70.93 on dollar demand
Forex traders said forex outflows and rising crude oil prices also weighed on the domestic currency.
Rupee settles 28 paise down at 70.97 against US dollar
The local unit finally settled at 70.97, down 28 paise over its previous closing.
Rupee firms up 11 paise to 70.81
On weekly basis, the rupee fell 9 paise against the greenback.
Rupee ends flat at 71.14 versus US dollar
Global benchmark Brent crude oil futures rose 0.35 per cent to $60.12 per barrel.
Rupee rises for 5th day, gains 8 paise to 70.86
This was the fifth straight session of gains for the domestic currency, during which it has appreciated by 106 paise.
Rupee rebounds 15 paise to 71.66
Easing crude oil prices and a recovery in the domestic equity markets also propped up the local currency, forex traders said.
Rupee volatility, rising cost of borrowing and pending GST refunds major issues faced by exporters: EEPC India
The EEPC India chairman said the Union Commerce and Industry Minister Mr Piyush Goyal is proactively engaged with the exporting community to deal with the challenging global situation.
Full text of monetary policy statement: RBI explains why it cut FY20 growth estimate
The MPC also decided to maintain the accommodative stance of monetary policy.
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