[ad_1] The rupee jumped above the 85 mark against the US dollar for the first time since December 2024, buoyed by a broad sell-off in the greenback. On Friday (April 4), the Indian currency appreciated 34 paise to 84.96 in early trade, as traders reacted to President Donald Trump’s aggressive new tariff policy and fears […]
Rupee falls 6 paise to 85.78 against US dollar in early trade – CNBC TV18
[ad_1] The rupee weakened by 6 paise to 85.78 against the US dollar in early trade on Wednesday (March 26), weighed down by a negative trend in domestic equities and the recovery of the American currency in the overseas market. Forex dealers said the rupee faced renewed pressure on liquidity constraints, concerns over reciprocal tariff […]
Rupee near two-month high: Key drivers behind the rally – CNBC TV18
[ad_1] The Indian rupee appreciated by 12 paise to 86.25 against the US dollar in early trade on Thursday (March 20), buoyed by strong domestic equities and a weaker greenback in global markets. This marks a near two-month high for the currency, which has been gaining ground amid foreign bank-led dollar sales and seasonal inflows. […]
RBI conducts forex swap worth $10 bn to inject liquidity – CNBC TV18
[ad_1] The Reserve Bank on Friday conducted US dollar-rupee swap worth $10 billion for injecting long-term liquidity in the system, with the auction eliciting robust demand. The settlement of auction will take place on March 4 and March 6. The USD/INR Buy/Sell swap auction for a tenor of 3 years was oversubscribed 1.62 times. Read […]
India’s forex reserves jump USD 1.51 bn to USD 658.091 bn; end consecutive weeks of decline – CNBC TV18
[ad_1] India’s forex reserves increased by USD 1.51 billion to USD 658.091 billion for the week ended November 29, the RBI said on Friday. Company Value Change %Change The overall reserves had dropped by USD 1.31 billion to USD 656.582 billion in the previous reporting week. The kitty has witnessed a declining trend in the […]