Page 42 - Rupee

After hitting a fresh record low of 73.81, rupee recovers to 73.74 levels

The domestic currency on Wednesday closed at a record low of 73.34, down by 43 paise or 0.59 per cent at the interbank foreign exchange.

Rupee plummets to an all-time low of 73.80, RBI could opt for a 50 bps hike

Rising global oil prices, they climbed 2 per cent on Wednesday to hit a four-year-high, are bad news for importing nations like India

Rupee nearing bottom, won't breach 74-mark: TCS' global treasury head

India's rate-setting panel will deliver at least two hikes in benchmark borrowing rates this year, estimated Venkatesan

Govt considers special deposit scheme for NRIs to boost dollar inflows

The rupee hit an all-time low of 73.41 a dollar in early trade on Wednesday, and sharply lower than its previous close of 72.93

Oil puts rupee on track to beat taper-tantrum, outpace losses seen in 2013

Rupee has been setting one record low after another recently, with overseas investors having pulled a net $9.1 billion from Indian stocks and bonds this year

RBI to pump Rs 360 bn into bond markets to stem fears of cash crunch

India's bond yields dropped sharply on Monday to their lowest in more than a month as investors took in the news

Plunging rupee prompts India to raise taxes on goods worth Rs 860 billion

Import duty raised on 19 items from jet fuel to jewellery

RBI set to hike interest rate next week to prop up faltering rupee: Poll

The predicted rate hike would be the RBI's third this year, having lifted borrowing costs in June and August

Govt eyes rupee payment mechanism with Russia to curb widening CAD

Move is part of efforts to curb widening current account deficit

Govt's plans to boost capital inflow may not reverse rupee slide: Moody's

The Indian government estimates that the measures will increase capital inflows by $8-10 billion, or 0.3-0.4 per cent of GDP, in the fiscal year that ends March 31, 2019

How not to arrest the rupee's fall

It is not clear what items the government will treat as non-essential and if it will restrict such import through licensing or higher duties

Rupee's fall indicates rise in black money, says Subramanian Swamy

The BJP-led government at the Centre is currently under fire due to the decreasing value of the Indian rupee

Fluctuating rupee, regulations making realty lucrative for NRIs: Experts

About 7-8% of the inventory is being bought and held by NRIs each year

Govt may lower borrowing needs to ease nervousness in bond market: Sources

Govt officials assured a select group of market participants that the bond market borrowing programme for October to March would be lower than expected

RBI has the reserves, if not the will, to prop up the sagging rupee

The Reserve Bank of India can sell an additional $25 billion, at least, in the foreign-exchange market, SBI estimates

'Real' depreciation of rupee against dollar is between 6-7%: IMF estimate

Indian economy is recovering strongly from the two transitory disruptions in recent years, said IMF

Investors lose Rs 1 trillion as rupee, trade war fears spook markets

The Indian currency once again breached the 72-mark to hit a low of 72.69 (intra-day) against the US dollar

Rupee plunge calls for action from govt as currency overvaluation easing

The RBI net sold $1.9 billion of foreign currency in July to support the rupee

Rupee slide forces analysts to rework forecasts amid widening trade deficit

India's trade deficit for August is likely to remain at $17 billion to $18 billion, while the Federal Reserve is set to raise rates again this month

Govt may tap overseas Indians to plug CAD gap, says FinMin official

The RBI is intervening in the market when needed, says the official