Page 6 - Currency Market

Rupee jumps 34 paise to close session at 74.66 against US dollar

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.08 per cent to 96.02

Rupee pares initial losses, settles 3 paise higher at 75 against US dollar

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, rose 0.21 per cent to 96.21

Indian Rupee gains 24 paise to close at 75.02 against US dollar

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.06 per cent to 96.01

Forex reserves decline by $160 million to $635.67 billion

Gold reserves rose by $475 million to $39.183 billion in the reporting week

'Santa Claus' rally brings out the bulls as Omicron fears ebb

The rise of risk-on investments ahead of Christmas, dubbed a "Santa Claus rally" by traders, also nudged gold and oil higher

Indian Rupee jumps 30 paise against US dollar to end day at 75.24

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, rose 0.03 per cent to 96.10

As global funds shun India, rupee turns into worst currency in Asia

The currency declined 2.2% this quarter as global funds pulled $4 billion of capital out of the country's stock market, the most among regional markets where data is available.

Dollar steady, riskier currencies fall on Omicron variant fears

With last week's slew of major central bank meetings out of the way, investors turned their focus to the rapid spread of the variant

Dollar struggles after global central banks show their hands

After a turbulent week, the dollar index was little changed on the day

Afghan currency slides, prices surge as economic crisis worsens

The market remains volatile, and the devaluation is already impacting Afghans

Rupee plunges 40 paise to 20-month low against dollar on low risk appetite

The rupee had closed near this level on April 24, 2020, previously

Turkish Lira hits new low, dragging central bank to the rescue

The central bank announced its fourth market intervention in two weeks

Myanmar's anti-junta govt recognises Tether as its 'official' currency

The National Unity Government officially accepts Tether, a cryptocurrency meant to be a dollar proxy, for "domestic use"

China's central bank tightens control to restrain currency's rise

Commercial banks were ordered Thursday to increase the amount of their foreign currency deposits

US dollar edges higher as Omicron restrictions hurt risk sentiment

Investors were also awaiting U.S. inflation data on Friday that could set the tone for the Federal Reserve's strategy on interest rate hikes.

Indian rupee slips to 75.53 against US dollar on Omicron concerns

Unabated foreign fund outflows weighed on investor sentiments, traders said

Euro falls, Aussie jumps as currency market risk appetite picks up

LONDON (Reuters) -Monetary policy support in China and hopes that the Omicron variant of COVID-19 would be less severe than previously expected boosted currency market risk appetite on Tuesday, with the Australian dollar rebounding and the euro heading back towards 2021 lows.

Rupee surrenders gains to end flat as rising crude prices weigh

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading higher by 0.05 per cent at 96.37

Turkish inflation accelerates to highest level since 2018 on lira woes

Monthly inflation was 3.51 per cent, compared with the median estimate of 3 per cent in a separate survey

China's yuan firms despite weaker mid-point, but downward pressure builds

The strength comes even after the People's Bank of China set the midpoint rate at 6.3738 per dollar prior to market open.