After Friday’s slump, rupee strengthens a bit vs dollar; investors hope for overseas inflows

NEW DELHI: After slumping to a near one-month low on Friday, the rupee opened marginally stronger against the US dollar on Monday as investors anticipated overseas flows for foreign firms’…

Yen rallies, rand sinks as new COVID variant spurs flight to safety

TOKYO: The safe-haven yen rallied and the South African rand tumbled on Friday as investors turned cautious after Britain raised the alarm over a newly identified coronavirus variant spreading in…

Rupee slips 16 paise vs dollar as fresh Covid variant casts a shadow on global growth

NEW DELHI: The rupee weakened as much as 0.2 per cent against the US dollar early on Friday as the discovery of a fresh mutation of the coronavirus disease in…

Rupee plunges vs US dollar as fresh Covid variant dampens global growth prospects, prompts rush to safe-havens

NEW DELHI: The Indian rupee slumped against the US dollar on Friday as investors rushed to the safety of safe-haven assets such as the Japanese Yen amid a fresh mutation…

India\’s forex kitty increases by $289 mn to $640.40 bn

Mumbai: India\’s forex exchange reserves increased by USD 289 million to USD 640.401 billion for the week ended November 19, the Reserve Bank said on Friday. The overall reserves had…

Rupee weakens as dollar near 16-month highs; Fed minutes strike hawkish note

NEW DELHI: The rupee weakened as much as 0.2 per cent against the US dollar in early trade Thursday as upbeat data in the world’s largest economy coupled with hawkish…

Rupee slips vs US dollar as Fed minutes show fresh calls for faster taper, higher interest rates

NEW DELHI: The rupee weakened against the US dollar on Thursday as hawkish comments by several officials of the US Federal Reserve fuelled speculation of interest rates rising sooner than…

Rupee weakens by 12 paise vs dollar; market jittery ahead of release of Fed mins

NEW DELHI: The rupee weakened as much as 0.2 per cent against the US dollar on Wednesday because of a rise in US crude oil prices and as investors were…

Rupee recovers losses on overseas fund flows, exporter dollar sales; gilts weaken

NEW DELHI: The rupee recovered all losses versus the US dollar on Wednesday and settled on a marginally stronger note as some foreign banks sold the greenback on behalf of…

Chinese Yuan a key focus for RBI\’s currency intervention

The Indian rupee may be poised to get volatile vis-a-vis the US dollar as the talk of tapering gathers momentum, but the Reserve Bank of India\’s focus is more likely…

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