Search For "rupee depreciation"
Outlook 2023: Rupee's trail hinges largely on global monetary policy actio
Updated : 3 months ago IST
Monetary policy tightening by various central banks to contain inflation, the war in Ukraine leading to price rise for crude oil and subsequent realignment in the global energy supply chain, and strengthening of the US Dollar index kept the Indian currency under pressure.
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India's forex reserves up for 5th consecutive week
Updated : 3 months, 2 weeks ago IST
India's foreign exchange reserves during the week that ended on December 9 rose by USD 2.91 billion to USD 564.07 billion. Notably, this is the fifth consecutive week of India's rising foreign exchange reserves.
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Indian stocks decline, rupee depreciates in early trade
Updated : 4 months, 2 weeks ago IST
At the time of writing this report, Sensex traded at 61,932.20 points, down 48.52 points or 0.078 per cent, whereas Nifty traded at 18,385.10 points, down 24.55 points or 0.13 per cent.
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Inflation has hurt consumers, rupee depreciation has impacted us: Bajaj El
Updated : 4 months, 3 weeks ago IST
Bajaj Electricals on Tuesday reported a marginal decline in its consolidated net profit to Rs 62 crore for the second quarter ended September 30 (Q2). It had Rs 62.55-crore net profit during the July-September quarter the previous fiscal, the company said in a regulatory filing. Net sales sl
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India's forex reserves at 2-year low amid depreciating rupee
Updated : 5 months, 1 week ago IST
New Delhi [India], October 22 (ANI): India's foreign exchange reserves during the week that ended on October 14 fell to an over two-year low of USD 528.367 billion, a drop of USD 4.5 billion from the previous week.
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Chidambaram suggests PM to meet top economists to manage rupee depreciatio
Updated : 5 months, 1 week ago IST
New Delhi [India], October 21 (ANI): Veteran Congress leader and former finance minister P Chidambaram has a suggestion for Prime Minister Narendra Modi against what he termed as the "relentless decline" in the value of the Rupee.
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Indian stocks extend gains to sixth straight day; Rupee retreats from reco
Updated : 5 months, 1 week ago IST
New Delhi [India], October 21 (ANI): Indian stock indices extended their gains for the sixth straight session on Friday, led by strength in banking and financial stocks coupled with good second-quarter corporate earnings.
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Rupee still stronger in comparison to other currencies, says analyst Sunil
Updated : 5 months, 1 week ago IST
New Delhi [India], October 20 (ANI): Market analyst Sunil Shah on Thursday said even though the rupee as a currency has weakened in comparison to the US dollar, but it is still "far stronger" than other currencies.
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Rupee depreciates 38 paise to 81.78 against dollar
Updated : 6 months ago IST
Mumbai (Maharashtra) [India], October 3 (ANI): On Monday, rupee was trading at 81.78 against US dollar in early trade, tracking a muted trend in domestic equities. The domestic unit depreciated 38 paise against the dollar in morning trade. On Friday, the local currency settled at 81.36 again
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Better for RBI to allow rupee to depreciate a bit, finding its natural bal
Updated : 6 months ago IST
New Delhi [India], September 28 (ANI): It might be better for the Reserve Bank of India (RBI) to allow the rupee to depreciate a bit, letting it find its natural balance, said Soumya Kanti Ghosh in an SBI research report.
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Rupee depreciates to new lifetime low; stocks decline for sixth day
Updated : 6 months ago IST
New Delhi [India], September 28 (ANI): Continuing with the consistent depreciation, the rupee slipped further from the recent low and hit another lifetime low on Wednesday morning. This consistent depreciation follows the ongoing strengthening of the US dollar index for a two-decade high,
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Slump in Indian stocks continues over monetary policy tightening risks
Updated : 6 months, 1 week ago IST
New Delhi [India], September 26 (ANI): Indian stocks extended their losses from the previous week and declined further on Monday morning following the latest policy rates hike by the US Federal Reserve in its fight against high inflation.
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