Rupee

Mumbai, Oct 10: The Reserve Bank of India (RBI) today directed authorised dealers to maintain a Foreign Exchange Risk Reserve (FERR) equivalent to 20 per cent of the rupee value of eligible foreign exchange derivative contracts exceeding…
Read More...

New Delhi, Oct 7: India’s foreign exchange reserves have dropped by around USD 51 billion over the last four weeks. According to the latest figures, the forex reserves of have falled to USD 734.6 billion from USD 785.71 billion as on…
Read More...

New Delhi, Sept 20: Foreign Portfolio Investors (FPIs) have pulled out ₹20,974 crore from Indian equities so far in September amid global uncertainties, higher US interest rates and bond yields, elevated crude oil prices and a weakening…
Read More...

Mumbai, Sept 7: The rupee fell 7 paise to close at Rs 94.50 against the US dollar on Monday, pressured by rising crude oil prices and weakness in domestic equities. The currency had closed at Rs 94.43 against the US dollar in the previous…
Read More...

Mumbai, Sept 2: The Indian Rupee today recorded a marginal loss of 2 paise as it traded in a tight range and settled for the day at 94.97 (provisional) as the support from foreign capital inflows was negated by weak local equities and a…
Read More...

Mumbai:  The Foreign Exchange (FOREX) reserves of India increased to a record USD 729.3 billion in the week ended  August 21, according to the Reserve Bank of India (RBI). The latest data released by the RBI shows that FOREX reserves…
Read More...

New Delhi: In a significant decision, the Directorate General of Foreign Trade (DGFT) has eased rules governing Rupee-based export transactions, allowing Indian exporters greater flexibility in invoicing overseas sales and receiving…
Read More...

New Delhi: The Indian Rupee today settled at 95.70 per US Dollar after gaining 3 paise. The currency opened at Rs 95.57 in the morning and moved in a narrow range of Rs 95.56-95.72 during the session. The rupee had closed at Rs 95.73…
Read More...

Mumbai: Indian equity market bounced back today, with the Sensex climbing 628 points and the Nifty snapping its seven-day losing streak to end at 24,231.85. The 30-share BSE Sensex jumped 628.04 points, or 0.82 per cent, to…
Read More...

Mumbai, July 27: The five-day day losing streak of Sensex and Nifty ended today as international crude oil prices fell more than 8.5 per cent to around USD 82 a barrel. The 30-share BSE Sensex closed 776.01 points or 1.02 per cent higher…
Read More...