"foreign-exchange-market"

The rupee rose 7 paise to close at 94.92 against the US dollar on Friday, extending gains for a sixth session. RBI measures supported the currency, while crude prices and foreign fund outflows limited gains, according to forex market traders

The Indian rupee surged 77 paise to 95.05 against the US dollar in early trade, supported by RBI measures to curb dollar demand and speculative positions. Lower crude prices also offered support, while investors awaited key US inflation data

The Reserve Bank of India has barred rebooking of cancelled rupee derivative contracts and cut the threshold for foreign exchange positions without underlying exposure to $5 million. It also introduced a 20 per cent reserve requirement for specified contracts

The Indian women’s hockey team has been placed in Pool D alongside England, China and South Africa for the FIH Hockey World Cup 2026, with Chief Coach Sjoerd Marijne expressing confidence in the team’s preparation and consistency ahead of the tournament.

The foreign exchange market, commonly known as Forex (FX), is the largest financial Market globally, where currencies are traded against one another

Mumbai: The rupee depreciated 10 paise to 75.22 against the US dollar in opening trade on Monday, tracking the subdued domestic equities and a firm American dollar amid growing concerns over the uncertainty triggered by the Omicron variant.Besides, persistent foreign capital outflows and rising crude prices also weighed on investor sentiments, traders said. At the […]

The expectations of higher-than-expected fiscal deficit after governments' announcement of new relief package on Monday weighed on investor sentiment.

The domestic currency had lost 128 paise in the last eight trading sessions till Thursday.