Rupee

MUMBAI: The rupee depreciated by 22 paise to close at a fresh lifetime low of 79.48 (provisional) against the US dollar on Monday, tracking a strong greenback overseas and subdued domestic equities. However, receding crude oil prices in…

With aviation turbine fuel (ATF) prices surging by nearly 35% and the Rupee hitting all-time lows, the profitability of the aviation sector might suffer, analysts said on Monday. An increase in jet fuel price raises the operating cost…

The rupee declined by 10 paise to close at 79.23 (provisional) against the US dollar on Friday, tracking the strength of the American currency in the overseas market. At the interbank foreign exchange market, the local currency opened at…

The desired outcome of the latest central bank move to mobilise foreign currency deposits from the Indian diaspora to arrest the rupee's slide must await further policy rate increases at home, with the current arithmetic evidently…

Pressure on the rupee is expected to ease soon with forward premiums likely rising from decadal lows after the Reserve Bank of India (RBI) this week signalled its intent of minimal future interventions in the currency-derivatives market…

The RBI's move is a bold statement on its currency strategy, but one has to wait and see if these measures really bring in the inflows amid a tide in favour of the US, say Nomura Economists. If the measures fail to rein in the rupee, the…

The Reserve Bank of India's moves to liberalise foreign exchange inflows are unlikely to offer much immediate support to the floundering rupee as inflation pushes higher and the current account deficit threatens to balloon towards…

BENGALURU: The rupee will trade near its historic low in three months, battered by widening trade and current account deficits, according to a Reuters poll where nearly one in three analysts expected it to weaken to 80 per dollar by…

MUMBAI: Falling crudeoil prices, slower pace of selling by foreign funds and a steady global market helped the Sensex post a 617-point gain on Wednesday, closing at 53,751 with FMCG, financials and IT stocks leading the rally. From its…

The slew of measures announced by Reserve Bank of India (RBI) on Wednesday to enhance foreign exchange inflows should help rupee to outperform its peers in emerging market economies, experts said. RBI said it has been closely and…