Page 37 - Indian Rupee

Rupee gains, bond yields stable after US Fed keeps policy rates unchanged

The rupee closed at 76.09 a dollar, up from its previous close of 76.23 a dollar

Indian Rupee rises 23 paise to end day at 76.09 against US dollar

Meanwhile, the US dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.37 per cent to 96.15

Best of BS Opinion: Love for cash, India's social policies, and more

Here is the best of Business Standard's opinion pieces for Thursday

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

Top headlines: Rs 76k-cr scheme for semiconductors; RBI penalty on 2 banks

Business Standard brings you the top stories on Wednesday

Rice prices fall to 5-year low over weak rupee allow exporters to cut rates

Top exporter India's 5 percent broken parboiled variety was quoted at $351-$356 per tonne, down from $353-$358 last week

Equity benchmark fall for first time in four days ahead of macro data

A depreciating rupee and subdued trend in global markets also weighed on sentiment.

Rupee drops by 18 paise to 75.78 against dollar on forex outflows

The rupee dropped by 18 paise to an over 16-month low of 75.78 on Friday amid consistent foreign fund outflows and growing concerns about inflation. At the interbank foreign exchange market, the rupee opened lower at 75.65 a dollar and later tanked to the day's low of 75.85 in line with a lacklustre trend in equity markets. The local unit pared some of the losses in the closing session to end at 75.78 (provisional), its lowest closing level since June 22, 2020. The rupee also declined for a third straight week with a weekly loss of 66 paise or 0.88 per cent against the dollar. The US consumer inflation data for November would be released later on Friday with experts expecting the consumer price index (CPI) to rise further. The retail inflation had risen to 6.2 per cent in October which was the sharpest increase in 31 years. Any hike in inflation would be seen as a case for tightening of monetary policy by the US Federal Reserve, which could lead to outflows of funds from emerging

Rupee closes at near 18 month-low, ends at 75.52 to the dollar

The rupee touched 76.92 a dollar in the intraday trade on April 22 last year.

Rupee tanks to 16-month low of 75.60 against dollar on forex outflows

Meanwhile, oil prices were lifted by optimism that the Omicron mutation might not have a significant impact on oil demand

Indian rupee slips to 75.53 against US dollar on Omicron concerns

Unabated foreign fund outflows weighed on investor sentiments, traders said

Rupee slides 5 paise to 75.49 against US dollar in early trade

The rupee declined 5 paise to 75.49 against the US dollar in opening trade as persistent foreign fund outflows kept the pressure on the local unit

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

Indian rupee slumps 30 paise to close at 75.42 against US dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.13 per cent up at 96.23

Lower oil prices to counter Omicron fears; yet rupee to remain subdued

Besides, rising trade deficit along with fears of US tapering measures are likely to hamper any appreciation move

Rupee sees high volatility as worries resurfaced around new Covid strain

The rupee started on a choppy note on Monday as investors turned cautious tracking heavy selling in domestic equities and worries over a new variant of Covid-19.

Indian bonds, rupee weaken after Powell reappointment

The benchmark 10-year bond yield rose as much as 3 basis points on the day to 6.38%

Five years after demonetisation: How much has Indian economy changed?

Five years after demonetisation, the share of high-denomination currency notes in the economy remains the same as it was in the pre-demonetisation period

Indian Rupee gains 19 paise to end at 74.68 against US dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.06 per cent to 93.94

Indian Rupee gains 11 paise to end at 74.92 against US dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, advanced 0.10 per cent to 93.89