Page 16 - Indian Rupee
Analysts see Rupee hitting 85 levels; Fibonacci charts, too, show weakness
As per the weekly Fibonacci chart, the Rupee can depreciate to 82 - 82.20 - 82.40 during the week. However, in case the currency sustains below 81.55-level a corrective move to 80.50 seems possible.
 "Analysts see Rupee hitting 85 levels; Fibonacci charts, too, show weakness")
What are the implications of Rupee staying beyond 80?
The Indian rupee continued to depreciate as it hit the all-time low of 81.63 against the US dollar on Monday. Even though it doesn't spell bad news for all the sectors, what will be the implications?
 "What are the implications of Rupee staying beyond 80?")
Rupee loses 10% vs USD over a year, FX reserves fall to near 2-yr low
The rupee has depreciated 9.7 per cent against the dollar since September 2021
 "Rupee loses 10% vs USD over a year, FX reserves fall to near 2-yr low")
Rupee ends beyond 81 against dollar for the first time; lags EM peers
RBI may have sold around $1 bn, but experts see pace of intervention declining
UCO Bank, used by India for Iran payments, plans rupee trade with Russia
UCO Bank will put in place operational modalities before opening the account with the Russian counterpart, Prasad said, adding that there is no clear time line on when transactions can begin
 "UCO Bank, used by India for Iran payments, plans rupee trade with Russia")
Top headlines: Rupee at new low; Unilever CEO to quit end of next year
From rupee touching a new low to Unilever CEO quitting by end of next year; here are the top headlines this evening
 "Top headlines: Rupee at new low; Unilever CEO to quit end of next year")
Rupee closes at new low against US dollar amid risk-off mood
The dollar index traded above 113-levels for the first time since 2002 as deep tax cuts in the UK sent the sterling to a record low
 "Rupee closes at new low against US dollar amid risk-off mood")
Indian rupee may sink to 82.50 against towering dollar, funding gap: IDFC
The Indian rupee could decline to 82.50 against the dollar by March, driven by the greenback's surge and the country's balance of payment deficit, IDFC First Bank said in a research note
Rupee has held back very well among peers against dollar: FM Sitharaman
Finance Minister Nirmala Sitharaman on Saturday said the rupee has "held back very well" when compared to other currencies against the US Dollar. The Reserve Bank and the Finance Ministry are keeping a very close watch over the developments, the finance minister told reporters after the domestic currency sunk to a lifetime low against the greenback. "If any one currency which has held its own and did not get into fluctuation or volatility as much as other currencies it is the Indian rupee. We have held back very well," she told reporters here on the final day of her three-day visit to Pune district which is a stronghold of NCP chief Sharad Pawar. She also asked a reporter to do a study on how the other currencies are behaving against the US dollar in the latest round of depreciation. According to experts, the latest round of depreciation is triggered by adverse global developments starting with the geopolitical tensions triggered by the Russian invasion of Ukraine earlier this ...
 "Rupee has held back very well among peers against dollar: FM Sitharaman")
Rupee falls to fresh low on relentless strength in dollar after Fed hike
Forex traders await cues on RBI's intervention strategy post the recent slump in rupee
 "Rupee falls to fresh low on relentless strength in dollar after Fed hike")
Top headlines: IPO disclosure norms, moonlighting, telecom bill, and more
From the provisions in the new telecom bill to Sebi coming up with disclosure norms for IPOs of new-age companies, here are the top headlines on Friday
 "Top headlines: IPO disclosure norms, moonlighting, telecom bill, and more")
Rupee hits new low vs USD on hawkish Fed; poll shows currency at 81 by Dec
Suffers steepest one-day fall since Ukraine war; poll shows rupee at 81 by Dec
 "Rupee hits new low vs USD on hawkish Fed; poll shows currency at 81 by Dec")
India Inc braces for impact of rupee fall, rushes to take forward cover
In the short and medium term, chief financial officers are advising companies to take the right kind of derivatives products depending on their exposure
 "India Inc braces for impact of rupee fall, rushes to take forward cover")
UCO Bank becomes first lender to get RBI's approval for rupee trade
Many banks in India are planning to open such special vostro accounts for settling trade transactions with other nations
 "UCO Bank becomes first lender to get RBI's approval for rupee trade")
Top headlines: Fortis shares tank on SC verdict; Rupee hits new low
The rupee closed at a record low of 80.86 to the dollar, down from 79.9750 in the previous session
Rupee hits new low against US dollar as Asian peers tumble on Fed rate view
The rupee closed at a record low of 80.86 to the dollar, down from 79.9750 in the previous session
Rupee slumps to new low as Fed hikes rates, signals longer tightening cycle
The rupee hit a new low of 80.47 versus the US dollar in the first few minutes of trade on Thursday.
 "Rupee slumps to new low as Fed hikes rates, signals longer tightening cycle")
Indian rupee tipped to fall further after reaching record low: Analysts
The Indian rupee is likely to fall further after hitting a record low to the dollar on Thursday as the U.S. Federal Reserve hinted at more aggressive rate hikes to tame inflation
 "Indian rupee tipped to fall further after reaching record low: Analysts")
Rupee sheds 0.3% as US dollar soars ahead of Fed's policy statement
Putin's call for partial mobilisation hits risk appetite in currency market
Rupee closes at new low ahead of near-certain big Fed rate-hike
The mobilisation of troops by Russian President Vladimir Putin piled on more pressure on the rupee, already weighed by the surging dollar index