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Page 44 - Rupee

More uncertainty with rupee's slide

The higher price of crude oil and the falling rupee, coupled with looser fiscal policy, might have inflationary impact

More uncertainty with rupee's slide
Updated On : 20 Aug 2018 | 6:44 AM IST

From trade war to Turkey's lira crisis, factors that led to rupee's decline

Rupee bleeds on geopolitical and macro stress; breakdown 70

mark to hit lifelow

Forex: The gusty rupee went into a tailspin and

suffered one of its worst stretches in history - crashing

mercilessly to breach the key psychological 70-mark to end at

a life-time low of 70.15 against the resurgent US dollar.

An unprecedented speculative sell-off alongwith heavy

dollar demand from importers sent the domestic unit tumbling

by a steep 132 paise - its biggest weekly fall this year so

far despite government's soothing rhetoric.

The Indian unit collapsed to a life-time low of 70.40,

triggering currency market intervention by the central bank to

defend the beleaguered rupee.

Panic and capitulation overshadowed trading sentiment

as traders and speculators saw no signs that monetary

authorities would

From trade war to Turkey's lira crisis, factors that led to rupee's decline
Updated On : 18 Aug 2018 | 5:59 PM IST

Rupee closes at new record low of 70.16 amid volatility in currency markets

Since the beginning of this year, it has declined by only 9.8%

Rupee closes at new record low of 70.16 amid volatility in currency markets
Updated On : 17 Aug 2018 | 3:20 AM IST

Rupee hits new all-time low of 70.32 against US dollar, plunges 43 paise

A sharp surge in trade deficit, which soared to a near five-year high of USD 18 billion, too impacted the rupee

Rupee hits new all-time low of 70.32 against US dollar, plunges 43 paise
Updated On : 16 Aug 2018 | 10:21 AM IST

Rupee breaches 70-mark against dollar, experts say volatility manageable

From the end of March 2018 to August 3, India's foreign exchange reserves were down by $21.84 billion to $402.70 billion

Rupee breaches 70-mark against dollar, experts say volatility manageable
Updated On : 15 Aug 2018 | 12:13 AM IST

Rupee fall spooks India Inc boardrooms; CFOs worry RBI may hike rates again

To stem the fall in the currency's value, the central banks across the world are raising interest rates, triggered by rising US interest rates and a rising dollar

Rupee fall spooks India Inc boardrooms; CFOs worry RBI may hike rates again
Updated On : 14 Aug 2018 | 9:39 PM IST

External factors behind rupee's fall to record low, nothing to worry: Govt

The rupee hit an all-time low of 70.1 to a US dollar earlier on Tuesday on concerns over Turkey's economic woes

External factors behind rupee's fall to record low, nothing to worry: Govt
Updated On : 14 Aug 2018 | 7:41 PM IST

Rupee hits record low of 70.08 a dollar, Turkey rout complicates RBI's job

A weaker currency complicates the central bank's job of keeping prices in check as it makes imports costlier

Rupee hits record low of 70.08 a dollar, Turkey rout complicates RBI's job
Updated On : 14 Aug 2018 | 6:23 PM IST

Rupee headed towards 72 levels; IT, pharma stocks to benefit, say analysts

Rupee may fall further if global concerns, including US's protectionist measures against countries such as Turkey and China, persist.

Rupee headed towards 72 levels; IT, pharma stocks to benefit, say analysts
Updated On : 14 Aug 2018 | 12:26 PM IST

Rupee crashes to all-time low of 69.92 against dollar on Turkish Lira shock

The fall in the broader market was sharper, with two stocks declining for every one advancing on the BSE

Rupee crashes to all-time low of 69.92 against dollar on Turkish Lira shock
Updated On : 14 Aug 2018 | 7:09 AM IST

Rupee plunges 79 paise to hit record low of 69.62 against US dollar

On Friday, the rupee had lost 15 paise to end at 68.83 against the resurgent dollar

Rupee plunges 79 paise to hit record low of 69.62 against US dollar
Updated On : 13 Aug 2018 | 10:57 AM IST

Amid currency war, rupee may touch 70 a dollar by December: BS poll

The Indian rupee has lost more than 6.5 per cent and has hit its lifetime low of 69.10 a dollar in June-end

Amid currency war, rupee may touch 70 a dollar by December: BS poll
Updated On : 06 Aug 2018 | 1:05 AM IST

Rupee steady at 68.70 against US dollar amid higher local equities

The rupee drew strength from rallying domestic equities, a dealer said

Rupee steady at 68.70 against US dollar amid higher local equities
Updated On : 03 Aug 2018 | 12:02 PM IST

Rupee retreats from 1-month-high, rises 5 paise at 68.38 against dollar

The RBI raised repo rate by 25 basis points to 6.5 per cent amid inflationary concerns

Rupee retreats from 1-month-high, rises 5 paise at 68.38 against dollar
Updated On : 02 Aug 2018 | 12:12 PM IST

Ahead of RBI policy move, rupee slips by 5 paise to 68.59 against US dollar

Policy meetings of the US Federal Reserve (today) and Bank of England (tomorrow), are also keeping investors cautious

Ahead of RBI policy move, rupee slips by 5 paise to 68.59 against US dollar
Updated On : 01 Aug 2018 | 10:07 AM IST

Rupee rises 13 paise to 2-week high of Rs 68.54 ahead of RBI policy

The Reserve Bank of India's Monetary Policy Committee (MPC) for the third bi-monthly monetary policy statement will be unveiled on Wednesday

Rupee rises 13 paise to 2-week high of Rs 68.54 ahead of RBI policy
Updated On : 31 Jul 2018 | 10:01 PM IST

As RBI tries to revive rupee, India's forex reserves may go below $400 bn

Reserves are still strong enough to cover more than nine months of import needs

As RBI tries to revive rupee, India's forex reserves may go below $400 bn
Updated On : 27 Jul 2018 | 11:43 AM IST

Rupee gains 6 paise against US dollar amid rally in domestic equities

Yesterday, the rupee had gained 13 paise to close at a fresh one-week high of 68.66 against the US dollar

Rupee gains 6 paise against US dollar amid rally in domestic equities
Updated On : 27 Jul 2018 | 10:10 AM IST

Investors worried PM Modi may sacrifice fiscal prudence ahead of 2019 polls

Foreign investors have this year pulled $4.4 billion from India, including $2.8 billion in May alone amid rising inflation and oil prices

Investors worried PM Modi may sacrifice fiscal prudence ahead of 2019 polls
Updated On : 23 Jul 2018 | 1:00 PM IST

Rupee recovers from all-time low, up 9 paise to Rs 68.96 against US dollar

The rupee rose to 69.12 from Thursday's record closing level of 69.05 at the interbank foreign exchange

Rupee recovers from all-time low, up 9 paise to Rs 68.96 against US dollar
Updated On : 20 Jul 2018 | 12:23 PM IST