• Tag results for Rupee

Markets to take cues from NBFCs, crude prices & rupee

Markets will also take global cues from the US Federal Open Market Committee’s (FOMC) decision on interest rates, while developments in the US-China trade war will be closely monitored.

published on : 24th September 2018

Citizens want import tariff on gold hiked to arrest rupee slide

About 67 per cent people participating in an online poll said import duty on gold and diamond should be increased while 37 per cent favoured import restrictions on the same.

published on : 23rd September 2018

Subramanian Swamy claims Rupee fall due to black money leaving India

The rupee is the worst performing emerging market currency having lost almost 14 per cent since January this year.

published on : 23rd September 2018

Sagging rupee may spur price hike by Toyota, Mercedes

Earlier this month, Honda Cars India said it may have to go for yet another price hike due to the falling rupee.

published on : 23rd September 2018

Rupee continues to battle macro fatigue; hits new life low

Panic dollar demand from importers and speculative traders sent the home currency sinking to a historic low of 72.99.

published on : 22nd September 2018

No respite for consumers as petrol nears Rs 90 /litre in Mumbai

Petrol price in Mumbai has touched Rs 89.80 per litre, while diesel is being sold at Rs 78.42 per litre.

published on : 22nd September 2018

RBI unlikely to hike repo rate in October despite weak rupee: Nomura study

The economists gave a 60 per cent probability for RBI staying on hold, they said, adding that "one cannot rule out" a hike on currency weakness and higher oil prices.

published on : 21st September 2018

India may lock in crude oil prices in future to stem rupee slide

The rupee, Asia's worst performing currency this year, has depreciated about 12 per cent year-to-date against the U.S. dollar, closing at 72.39 on Wednesday, after a record low of 72.99 on Tuesday.

published on : 21st September 2018

Rupee rebounds 61 paise against dollar, logs best single-day gain in 18 months

The rupee closed at 72.37, up by 61 paise or 0.84 per cent -- its best single-day gain since March 14, 2017.

published on : 19th September 2018

Nifty, Sensex rise; Tata Steel top gainer, rupee strengthens

The rupee strengthened 0.7 per cent to 72.5350 per dollar on Wednesday, after hitting an all-time low of 72.99 in the previous session.

published on : 19th September 2018

India likely to raise import duty on steel to support rupee

The proposal, which is part of a broader government plan to cut "non-necessary" imports to stop an outflow of dollars that has sent the rupee to record lows, will be discussed by the trade ministry.

published on : 19th September 2018

India's struggle to defend rupee shifts focus to rate hikes

The government's latest measures to support the rupee announced last week were particularly underwhelming for market participants who have since increased bearish positioning on the currency.

published on : 19th September 2018

Rupee recovers 28 paise against US dollar in early trade 

Besides, dollar-selling by exporters and banks, easing crude prices in the global market and weakness in the dollar against other currencies overseas, helped the domestic currency rebound.

published on : 19th September 2018

RBI can sell USD 25 billion more to arrest rupee fall: SBI report

As per the report, during the June 2008 to May 2009 period, when rupee depreciated by 13 per cent, the RBI sold dollars worth $43 billion, though the forex reserves at that time stood at $312 billion.

published on : 19th September 2018

India's struggle to defend rupee shifts focus to rate hikes

Rupee has been punished for the country's widening trade gap and swept into the broader emerging market turmoil caused by rising U.S. interest rates and an escalating U.S.-China trade conflict.

published on : 18th September 2018
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