Dollar Industries
Rupee skids 48 paise as corporates, oil firms rush to buy dollars
Domestic unit has shed over 9% versus the greenback so far in 2022; latest weakness came despite softer dollar index and strength in Asian currencies, led by a firm Chinese yuan
 "Rupee skids 48 paise as corporates, oil firms rush to buy dollars")
Forex reserves rise for third week in a row; up $2.9 bn to $550.14 bn
Fall in US dollar index seen providing revaluation boost to RBI reserves
 "Forex reserves rise for third week in a row; up $2.9 bn to $550.14 bn")
Rupee strengthens to over one-month high on FPI flows, weak dollar
Indian currency at 1-month high on FPI flows, weak dollar
 "Rupee strengthens to over one-month high on FPI flows, weak dollar")
Rupee at 80: Little relief on the cards from high trade deficit
Due to global risk aversion on the back of geo-political tensions and aggressive policy tightening by the Fed, the dollar has appreciated against most currencies, including the rupee
 "Rupee at 80: Little relief on the cards from high trade deficit")
Rupee closes just 2 paise shy of 80 against US dollar as oil prices rise
Crude oil prices jumped on Monday as US President Joe Biden's talks with West Asian countries failed to culminate in an agreement to increase output
 "Rupee closes just 2 paise shy of 80 against US dollar as oil prices rise")
Textiles stocks in demand; Vardhman, Siyaram Silk, RSWM hit 52-week highs
Siyaram Silk Mills jumped 6 per cent to hit a fresh 52-week high of Rs 344 on the BSE
 "Textiles stocks in demand; Vardhman, Siyaram Silk, RSWM hit 52-week highs")
Dollar Industries locked in upper circuit on NSE listing
Rupa & Co and Zodiac Clothing too hit their respective 52-week highs on NSE in intra-day trade.
 "Dollar Industries locked in upper circuit on NSE listing")
