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"forex"

  • Rupee slips to 95.96 amid crude oil spike and market sell-off

    The rupee fell 23 paise to close at 95.96 against the US dollar, pressured by higher crude oil prices, a stronger greenback and heavy domestic equity selling. Rising US bond yields and geopolitical uncertainties also weighed on investor sentiment
  • Rupee ends flat at 95.89 against dollar after paring early gains

    The rupee pared its initial gains to close unchanged at 95.89 against the US dollar on Friday. Support from domestic equities and lower crude prices helped cap losses, while a strong dollar weighed on the Indian currency, forex traders said
  • Rupee slips below 96, recovers to settle 3 paise lower at 95.94

    The rupee slipped below 96 against the US dollar in intraday trade before recovering to settle 3 paise lower at 95.94. Likely RBI intervention, softer dollar index and crude prices helped the currency pare initial losses amid global uncertainties
  • Rupee falls 7 paise to close at 94.50 against US dollar amid crude oil surge

    The rupee fell 7 paise to close at 94.50 against the US dollar as rising crude oil prices and global headwinds offset support from strong FCNR inflows. Weak domestic equities also weighed on sentiment, while forex reserves climbed to a record high
  • Rupee strengthens 6 paise to 95.39 against dollar

    The rupee gained 6 paise to settle at 95.39 against the US dollar on Friday, supported by lower global crude prices and RBI intervention. However, a stronger dollar and foreign investor outflows kept the domestic currency under pressure
  • Rupee falls 14 paise to close at 95.22 against US dollar on dollar recovery

    The rupee depreciated 16 paise to close at 95.24 against the US dollar on Thursday, weighed down by a firmer dollar index and foreign fund outflows. Lower crude oil prices limited losses, while domestic equity markets ended higher
  • Rupee falls 25 paise to settle at 93.16 against US dollar 

    The rupee fell 25 paise to 93.16 against the United States dollar amid West Asia tensions and rising crude concerns. Disruptions near the Strait of Hormuz increased dollar demand, keeping the local currency under pressure despite earlier gains
  • Essential Tools for Forex Trading: A Comprehensive Guide

    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.
  • Rupee hits all-time low of 90.33 amid India-US trade uncertainty

    The Indian rupee fell 39 paise to a record low of 90.33 against the US dollar on Thursday, amid delays in the India-US trade deal. Risk-averse markets and sustained foreign fund outflows pressured the local currency
  • Rupee slide not a concern for economy, says CEA Nageswaran

    Chief Economic Advisor V Anantha Nageswaran said the government is unconcerned about the rupee’s fall, noting it has not affected inflation or exports. Analysts say the currency may stabilise once the India-US trade deal is finalised
  • Cyberabad police crack three cyber fraud cases, arrest four

    Cyberabad Cybercrime officials solved three fraud cases reported between November 6 and 11, arresting four suspects involved in online trading and smishing scams. A private employee lost Rs 21.9 lakh after being lured through a fake Forex app promoted on Telegram
  • ED conducts searches on FFMCs, books several outlets for violations

    The Enforcement Directorate has booked several Full Fledged Money Changers in Hyderabad for operating without valid RBI licences. Despite surrendering their licences earlier this year, some firms continued illegal forex operations using forged documents.
  • Rupee falls 4 paise to hit all-time low of 84.11 against US dollar

    Forex traders said the Indian rupee touched new all-time lows weighed down by negative domestic markets which fell nearly 1.18 per cent.
  • India’s forex reserves top $700 billion, gold share surges 209% since 2018

    India's gold reserves reached $65.76 billion as of October 4, up from $21.15 billion on December 7, 2018, according to RBI data. Since Shaktikanta Das took office as RBI Governor in December 2018, foreign exchange reserves have also surged by 78%, rising to $701.18 billion as of October 4, compared to $393.74 billion in December 2018.
  • Rupee falls 5 paise to 83.43 vs. US dollar in early trade

    The domestic unit opened at 83.39 against the greenback at the interbank foreign exchange, slipping further to 83.43, marking a 5 paise loss from its previous close.
  • India’s forex reserves drop by USD 2.8 billion

    The central bank's weekly statistical data revealed a decline of USD 2.653 billion in India's foreign currency assets (FCA), the largest segment of the forex reserves, bringing the total to USD 545.855 billion by the end of the week.
  • Chinese property giants hit hard with nearly USD 3 billion in forex losses

    China's leading real estate firms have reported nearly USD 3 billion in foreign exchange losses for the first half of this year
  • Sebi to have 1-hr trade settlements by end of this fiscal before making it instantaneous

    Elaborating on the recently issued proposals to tackle the menace of financial influencers, the official said Sebi is acting keeping the future in mind and its intent is only to get into a situation if a regulated entity comes into the picture.
  • Pakistan’s forex reserves barely enough to provide import cover for 18.5 days

    Due to foreign debt payments, the central bank said its reserves fell $592 million to $3,086.2 million during the week ended January 27
  • Dr Reddy’s Laboratories July-Sept profit up 12 per cent to Rs 1,113 crore

    Hyderabad: Hyderabad-headquartered Dr Reddy’s Laboratories (DRL) said its consolidated profit after tax (PAT) for the July-September quarter was up 12 per cent at Rs 1,112.8 crore as against Rs 992 crore in the same quarter a year ago. Its revenues during the quarter were up nine per cent to Rs 6,305.7 crore compared to Rs […]
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