Forex
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India's forex reserves drops USD 4.34 billion to USD 589.14 billion

The reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments.

published on : 2nd June 2023
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Rupee rises 9 paise to close at 82.31 against US dollar

At the interbank foreign exchange market, the local unit opened on a positive note against the US dollar and settled at 82.31 (provisional), up 9 paise over its previous close.

published on : 2nd June 2023
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Rupee rises 33 paise to close at 82.42 against US dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.20 per cent to 104.12.

published on : 1st June 2023
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Rupee rises 39 paise to 82.36 against US dollar

At the interbank foreign exchange, the domestic unit opened at 82.54 against the dollar and then rose to 82.36, registering a gain of 39 paise over its previous close.

published on : 1st June 2023
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Rupee rises 5 paise to 82.67 against US dollar

At the interbank foreign exchange, the domestic unit opened at 82.73 against the dollar, then rose to 82.67, registering a gain of 5 paise over its previous close.

published on : 26th May 2023
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Rupee rises 11 paise to 82.20 against US dollar in early trade

Forex traders said a weak trend in domestic equities and the strength of the American currency in the overseas market weighed on investor sentiments.

published on : 16th May 2023
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Rupee rises 1 paise to 82 against US dollar

Forex traders said the upward trend in crude prices and outflow of foreign funds from equities market restricted the gain in the local unit.

published on : 18th April 2023
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India's forex reserves rise USD 6.30 billion to USD 584.75 billion

In the last reporting week, the forex kitty snapped a two-week rising trend to decline by USD 329 million to 578.45 billion.

published on : 14th April 2023
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Rupee rises by 24 paise to 82.10 against US dollar on FII flows

Gains in the local stock market and weakness in the US dollar in early Asian trade also boosted the rupee sentiment.

published on : 31st March 2023
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Rupee opens lower by 10 paise against US dollar

At the interbank foreign exchange market, the rupee opened lower at 82.26 against the previous close of 82.16.

published on : 29th March 2023
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Rupee falls 6 paise to 82.62 against US dollar

Traders said declining crude oil prices, firm Asian currencies and positive sentiment in the domestic equity market however capped the fall in rupee.

published on : 21st March 2023
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India's Forex kitty falls to three-month low, down by USD 2.39 bn to USD 560 bn

With this erosion, the forex kitty is at its lowest since early December, according to the weekly statistical supplement released by the RBI.

published on : 18th March 2023
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Rupee falls 8 paise to 82.14 against US dollar in early trade

At the interbank foreign exchange, the domestic unit opened weak at 82.12 against the dollar fell further to 82.14, registering a decline of 8 paise over its last close.

published on : 10th March 2023
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Rupee rises 13 paise to 81.82 against US dollar in early trade Mumbai

At the interbank foreign exchange, the domestic unit opened at 81.93 against the dollar, then climbed to 81.82, registering a rise of 13 paise over its previous close.

published on : 9th March 2023
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Forex reserves fall by USD 325 million to USD 560.9 billion

The reserves have been falling as the RBI deploys the reserves to defend the rupee.

published on : 4th March 2023
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Rupee falls 11 paise to close at 82.60 against US dollar

Foreign Institutional Investors (FIIs) were net sellers in the capital markets on Wednesday as they offloaded shares worth Rs 424.88 crore, according to exchange data.

published on : 2nd March 2023
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Rupee gains 20 paise to 81.50 against dollar

At the interbank foreign exchange, the rupee opened higher at 81.62 and rose further to a high of 81.49 in morning trade.

published on : 25th January 2023
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Rupee falls 26 paise to 81.68 against US dollar

Early gains in domestic equity markets and a weak dollar against world currencies, however, restricted the rupee's losses.

published on : 24th January 2023
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India's forex reserves rose over USD 10 billion to hit five-month high

According to RBI's latest data, India's foreign currency assets rose by USD 9.078 billion to USD 505.519 billion. Gold reserves rose by USD 1.106 to USD 42.890 billion.

published on : 22nd January 2023
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Rupee gains 21 paise to 81.15 against US dollar

Brent crude futures, the global oil benchmark, advanced 0.65 per cent to USD 86.72 per barrel.

published on : 20th January 2023
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