Forex

Forex kitty drops by $6.477 bn to $675.653 bn

In the previous reporting week, the forex reserves had dropped by $2.675 billion to $682.13 billion.

15 November 2024, 12:16 IST

Forex kitty drops by $6.477 bn to $675.653 bn

15 November 2024, 12:16 IST

Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade

Forex traders said the downward pressure on the USD/INR pair is largely driven by persistent inflation and significant foreign outflows.

14 November 2024, 03:59 IST

Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade

14 November 2024, 03:59 IST

Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade

Forex traders said the USDINR pair has shown significant volatility in recent sessions, with the rupee inching closer to its all-time low of 84.40. This downward pressure is largely driven by global factors, particularly the Dollar Index’s strengthening.

13 November 2024, 04:09 IST

Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade

13 November 2024, 04:09 IST

Rupee falls 2 paise to all-time low of 84.40 against US dollar in early trade

Forex traders said the rupee is expected to trade between 83.80 and 84.50 in the medium term with the Reserve Bank of India likely limiting any significant downside, aided by its robust foreign exchange reserves.

12 November 2024, 03:48 IST

Rupee falls 2 paise to all-time low of 84.40 against US dollar in early trade

12 November 2024, 03:48 IST

Rupee falls 2 paise to hit new all-time low of 84.39 against US dollar

Forex traders said the rupee is likely to remain under pressure unless there is a softening in the dollar index or a slowdown in foreign fund outflows.

11 November 2024, 11:00 IST

Rupee falls 2 paise to hit new all-time low of 84.39 against US dollar

11 November 2024, 11:00 IST

Rupee falls 1 paisa to all-time low of 84.38 against US dollar in early trade

Forex traders said the rupee is likely to remain under pressure unless there is a softening in the dollar index or a slowdown in foreign fund outflows.

11 November 2024, 03:49 IST

Rupee falls 1 paisa to all-time low of 84.38 against US dollar in early trade

11 November 2024, 03:49 IST

RBI includes spot deals to expand forex reporting requirements

'To ensure completeness of transaction data in TR for all foreign exchange instruments, it has been decided to expand the reporting requirement to include foreign exchange spot (including value cash and value TOM) deals in a phased manner,' the RBI said.

08 November 2024, 15:10 IST

RBI includes spot deals to expand forex reporting requirements

08 November 2024, 15:10 IST

India's forex kitty drops by $2.67 bn to $682.13 bn

In the previous reporting week, the overall reserves had dropped by $3.463 billion to $684.805 billion.

08 November 2024, 12:28 IST

India's forex kitty drops by $2.67 bn to $682.13 bn

08 November 2024, 12:28 IST

Rupee falls 5 paise to all-time low of 84.37 against US dollar in early trade

Forex traders said the US Federal Reserve's recent decision to cut interest rates signals a shift in the global financial landscape.

08 November 2024, 04:14 IST

Rupee falls 5 paise to all-time low of 84.37 against US dollar in early trade

08 November 2024, 04:14 IST

Rupee falls 6 paise to fresh all-time low of 84.37 against US dollar

Forex traders said investors were also cautious ahead of the US Fed meeting outcome

07 November 2024, 10:36 IST

Rupee falls 6 paise to fresh all-time low of 84.37 against US dollar

07 November 2024, 10:36 IST