Page 47 - Indian Rupee

Rupee continues to slide, opens 22 paise lower against US dollar

The domestic unit on Monday plunged 68 paise to 71.60 against the US dollar amid concerns over soaring crude prices following drone attacks on Saudi Arabia's oil facilities.

London overtakes India's financial capital Mumbai in rupee trading

Average daily volumes for rupee in the UK soared to $46.8 billion in April, a more than five-fold jump from $8.8 billion in 2016

Tipping point: India's export of services will soon exceed that of goods

As services exports succeed, the rupee will get stronger and the manufacturing sector will find it harder to compete globally, causing a shortage of domestic jobs for rural youth, writes T N Ninan

Moving onshore

India needs modern tools to hedge currency risks

Bets on rupee turn bearish for the first time since late February: Poll

Investors had turned bullish on the rupee in March for the first time in nearly a year when billions of dollars worth of foreign funds poured into India ahead of general elections

Bears return to prey on rupee as Lok Sabha election euphoria fades: Poll

With the election done and dusted, inflows have tapered off, the central bank has cut interest rates for the third time this year and Fitch Ratings posited another 25 basis point cut in 2019.

Rupee slips 13 paise to 70.07 as US-China trade concerns loom large

Rupee falls further to 70.07 after a weak opening at 70.04 as investors were weighed down by a barrage of factors

Bullish bets on Indian rupee rise ahead of Lok Sabha elections 2019: Poll

The confidence rode on brightening re-election prospects of Prime Minister Narendra Modi and his ruling Bharatiya Janta Party, translating into inflows of $5.99 billion so far this year into equities.

In a first, govt set to issue Rs 20 coin as a 12-edged polygon: FinMin

The exact date of issuance of these new series coins is yet to be announced

Dark days ahead for rupee over trade, Lok Sabha election jitters: poll

the Indian currency, which is down about 1 percent this year, is forecast to weaken nearly 2 percent by end-May, suggesting upcoming elections are a clear risk.

Rupee could weaken past 75 if Modi fails to win second term: Expert

Two of Asia's biggest emerging economies will soon elect leaders, and wagers are already being placed on their currencies. The consensus: Indonesia's rupiah will trump India's rupee.

Wanted: Some prudence & a lot of foresight

Currency arrangements need to be thought through carefully lest India is left holding dues against partner countries

Indonesia's rupiah set to outperform Indian rupee, says Goldman: Here's why

Indonesia is a net commodities exporter due to its coal exports, and higher commodity prices will help its fiscal balance and hurt India's

Global factors behind Rupee fall, no need for knee-jerk reaction: Jaitley

Jaitley says domestic factors strong; hits back at Congress on Rafale

10-year bond yield touches 8%, rupee falls to 71.18 against dollar

The bond market has started showing some fatigue on prospects of the rising supply of papers

Rupee makes strong comeback, rises 20 paise to 69.91 versus dollar

Excess volatility and movements in the dollar had a major impact on the rupee

New Rs 100 note & Rani Ki Vav: Key facts about first made-in-India note

The Reserve Bank of India will soon issue a new Rs 100 note in lavender color having a motif of 'Rani Ki Vav' on the reverse. Here are some interesting points to know about it.

The dangers of an overvalued rupee

The rupee should be allowed to depreciate to its true value, to unleash the potential of export-dependent sectors

Rupee may be at Rs 66/USD in Dec as RBI tries to recoup forex reserves

The RBI will likely continue to follow an asymmetrical forex policy of recouping forex reserves: BofA-ML

Rupee hits 6-month low as weak economic growth worries investors

The benchmark BSE index fell 0.5 percent, while the broader NSE index was 0.4 percent lower