• Tag results for rupee fall

Spurt in fuel prices, RBI's forex trade slows down currency circulation: Report

Currency in circulation increased from Rs 9 trillion in January 2017 to Rs 19.5 trillion as of September 14 this year.

published on : 25th September 2018

Government steps to boost capital inflow unlikely to reverse rupee fall: Moody's

The Indian government estimates that the measures like allowing Indian banks to become market-makers, will increase capital inflows by USD 8-10 billion, or 0.3-0.4 per cent of GDP in the next year.

published on : 24th 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

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

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

IMF estimates 'real' depreciation of Indian rupees as six to seven per cent

Since India is a relatively closed economy, the contribution of the net exports to growth in April to June quarter was again stronger than expected.

published on : 18th September 2018

Despite Modi government's steps to stem fall, rupee again breaches 72-mark

The dollar rose against a basket of major currencies overseas, with investors cautiously awaiting news on the implementation of US tariffs on an additional USD 200 billion of Chinese imports.

published on : 17th September 2018

Sensex cracks 350 points amid looming fresh US tariffs on China

The BSE 30-share barometer dropped 366.52 points, or 0.96 per cent, to 37,724.12 driven by losses in index majors Axis Bank, SBI, Asian Paint, Tata Motors, HDFC and HDFC Bank.

published on : 17th September 2018

Government concerned about fuel price hike, falling rupee; will find solutions: Amit Shah

BJP President Amit Shah also drew parallels to different currencies claiming that the fall of rupee is much lesser if compared to currencies of many other countries.

published on : 15th September 2018

Rupee not to go in for free fall: Former RBI Governor Raghuram Rajan

In an interview, Rajan said it was important for the RBI to continue to give signal that it would keep inflation under check.

published on : 11th September 2018

Sensex falls for fifth day on rising crude oil prices, rupee woes

Brokers said rising global crude oil prices, which went past the USD 78 per barrel mark and plunge in the rupee's value and sustained foreign fund outflows weighed on market sentiment.

published on : 4th September 2018

Contagion effect of lira fall can make loans costly

The impact of any financial crisis is far and wide and lasts long enough for pundits to write books.

published on : 20th August 2018

Durables makers mull pre-festive price hike amid rupee fall 

Last month, several companies had announced to hike the prices of TV panels of 32-inch and above to offset the adverse impact of the falling rupee.

published on : 16th August 2018
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