Page 2 - Rupee-dollar Swap

Rupee gets cushion from stock flows, current account surplus amid pandemic

The currency has advanced more than 2% in the third quarter, outperforming the Indonesian rupiah

'See rupee trading in the range of 72.50 to 74.50 in the short term'

Receiving longer tenor, therefore, looks a good proposition considering the steepness of the curve. Near-end is likely to remain anchored on account of abundant Rupee liquidity in the banking system

Handling the dollar rush

More often than not a dollar deluge is primarily due to a sudden and large capital inflow, and not a compression of imports

Rupee to hover around 75/dollar; crude basket at $35/barrel in FY21: RBI

The developments comes as rupee recovered from record low levels to settle 6 paise higher at 76.28 against the US dollar

Coronavirus impact: RBI offers $2-bn swaps to deal with currency swings

In a statement on its website, the RBI said it was doing the swaps in view of the intense selling pressure witnessed worldwide on 'extreme risk aversion due to the spread of COVID-19 infections'

Rupee sinks to fresh 17-month low over coronavirus, recession fears

Indian equity markets suffering their worst single-day losses and stock indices slipping into bear territory also hit the rupee sentiment

Year in Review: In uncertain times, 2019 an eventful year for bonds, rupee

The rupee started at 69.44 a dollar, and on December 27, closed at 71.32 a dollar.

Rupee falls 9p against dollar on rumours of disinvestment target slippage

The rupee depreciated by 9 paise to close at 71.27 against the US dollar on Tuesday amid heavy selling in domestic equities and steady rise in crude oil prices. Forex traders said the rupee traded in a narrow range but was weighed down in the latter half of the session after reports emerged that the government might not be able to meet its disinvestment target. At the interbank foreign exchange market, the domestic currency opened weak at 71.22 and later fluctuated between a high of 71.15 and a low of 71.29. The domestic unit finally settled at 71.27, showing a fall of 9 paise over its previous close of 71.18. "Rupee continued to consolidate in a narrow range but was weighed down in the latter half of the session after reports that the government might not be able to meet its disinvestment target. Some sources suggest that the government will not be able to finish the disinvestment process for BPCL as well as for Air India in the current fiscal year," Gaurang Somaiyaa, Forex & ...

Rupee tumbles 71 paise against US dollar in early trade as oil prices soar

The domestic unit on Friday marched higher for the seventh straight session to close at 70.92, up 22 paise.

Liquidity to get further boost of Rs 35,000 cr via rupee-dollar swap: Garg

The auction of $5 billion for a tenure of three years will be conducted on Tuesday.