Page 16 - Currency

Indian rupee at a higher risk of depreciation as oil prices surge

Rising crude oil prices along with widening trade deficit have elevated the depreciation risk level for the Indian rupee during the upcoming week

Cuba to drop dual currency in its first devaluation since revolution

Cuba said it would start its long-awaited monetary reform in January, eliminating its dual currency and labyrinthine multiple exchange rate system in a bid to improve business conditions

Indian rupee weakens 11 paise to 73.68 against US dollar in early trade

The rupee depreciated 11 paise to 73.68 against the US dollar in opening trade tracking muted domestic equities and a rebound in the American currency

Rupee rises 16 paise to 73.77 against US dollar as RBI keeps rate unchanged

The rupee appreciated by 16 paise to 73.77 against the US dollar in the opening session as the Reserve Bank of India maintained status quo on benchmark interest rate for the third time in a row

Aim long term for a strong currency

Strong currencies reflect strong economies

Rupee appreciates 11 paise to 73.77 against US dollar in early trade

The rupee appreciated 11 paise to 73.77 against the US dollar in the opening session on Friday on sustained foreign fund inflows and weak American currency

Rupee rises 7 paise to 73.84 against US dollar in early trade

The rupee appreciated 7 paise to 73.84 against the US dollar in the opening session on Thursday on sustained foreign fund inflows and weak American currency

Rupee appreciates 21 paise to 73.90 against US dollar in early trade

The rupee appreciated 21 paise to 73.90 against the US dollar in the opening session on Tuesday, tracking strong opening in domestic equities and weak American currency

Rupee appreciates 12 paise to 74.15 against US dollar in early trade

The rupee appreciated 12 paise to 74.15 against the US dollar in opening trade on Friday, supported by positive opening in domestic equities and weakness in American currency

Rupee slips 13 paise to 74.32 against US dollar in early trade

The rupee depreciated 13 paise to 74.32 against the US dollar in opening trade on Thursday tracking muted domestic equities and strong American currency

Rupee appreciates 24 paise to 74.38 against US dollar in early trade

The rupee appreciated by 24 paise to 74.38 against the US dollar in opening trade on Tuesday, tracking positive domestic equities amid improved risk appetite

Indian rupee set to return near pre-Covid-19 levels by March, says Nomura

Nomura expects the rupee to bounce back to 72 per dollar by end-March, a level last seen in February

Joe Biden's US election win pumps up risk assets, dollar nurses losses

Shares surged, oil prices jumped and the dollar stayed weak as expectations of fewer regulatory changes and more monetary stimulus under US president-elect Joe Biden supported risk appetite

Turkey President Erdogan ousts central bank governor as lira slides: Report

Turkey's Erdogan fired central bank governor Murat Uysal and replaced him with ex-finance minister Naci Agbal, acting after a 30% plunge in the lira currency's value to record lows this year

Asian shares near a three-year peak, dollar soft in US deadlock trade

A gauge of Asian shares was set to cling to a near 3-year peak while the dollar stayed sluggish as prospect of a divided US legislature dimmed the chance of major policy changes, lifting risk appetite

Rupee soars 47 paise to 74.29 against the US dollar in early trade

The rupee appreciated 47 paise to 74.29 against the US dollar in opening trade, as investor sentiments strengthened amid expectation of Joe Biden's victory in the US Presidential elections

Rupee slumps 30 paise to 74.40 against the US dollar in early trade

The rupee depreciated 30 paise to 74.40 against the US dollar in opening trade on Monday tracking muted domestic equities and strong American currency amid global risk aversion

Rupee slips below 74/USD level in early trade amid weak risk sentiment

A weak opening in domestic equities amid global risk aversion weighs on the Rupee

Rupee falls 10 paise to 73.94 against US dollar in early trade

The rupee slipped 10 paise to 73.94 against the US dollar in opening trade on Tuesday, tracking muted domestic equities

Rupee falls 16 paise to 73.77 against US dollar in early trade

The rupee depreciated 16 paise to 73.77 against the US dollar in opening trade on Monday as muted domestic equities and strong American currency weighed on investor sentiment