Rupee depreciation

India’s forex reserves dips marginally to $360.19 bn

India’s forex reserves dips marginally to $360.19 bn

India’s foreign exchange reserves dipped marginally to $360.19 billion as on May 27, the Reserve Bank of India (RBI) has said.

Jun 04, 2016, 15:12 PM IST
Indian rupee needs some more depreciation: Raghuram Rajan

Indian rupee needs some more depreciation: Raghuram Rajan

 Governor Raghuram Rajan today said there is a need for some depreciation of the rupee so that we don't become uncompetitive against other economies even as the Reserve Bank continues its fight to lower inflation.

Feb 14, 2016, 15:40 PM IST

Let rupee slide to help exports remain competitive: Assocham

Asserting that the slide of the rupee was a good sign for India, Assocham Sunday said the country must allow the currency to depreciate to help exports remain competitive.

Jan 17, 2016, 16:35 PM IST

Rupee down 11 paise to 66.30 vs dollar in early trade

Dealers attributed the rupee's fall to fresh demand for the US currency from importers and banks.

Nov 23, 2015, 11:31 AM IST

Forex reserves up by $780.9 million to $352.51 billion

In the previous week, the reserves had fallen by USD 1.902 billion to USD 351.734 billion.

Nov 20, 2015, 17:47 PM IST
Know who will be worst affected by rupee's depreciation

Know who will be worst affected by rupee's depreciation

Till the currency settles itself, let’s have a look at how continuous depreciation of the Indian currency will affect the common man.

Aug 26, 2015, 09:18 AM IST

Stable prices bringing NRIs back to real estate market: HDFC

The rupee depreciation against the US dollar is also helping, for the prospective home buyers from the American continent.

May 24, 2015, 12:05 PM IST

Chidambaram calls for high level of probity in capital market

The statements comes in the backdrop of Rs 5,600 crore payment crisis at National Spot Exchange Ltd (NSEL).

Dec 14, 2013, 11:58 AM IST

CAD to come down below 3% this fiscal: PMEAC

He exuded confidence that the Indian economy will grow at 5.3 percent in 2013-14.

Nov 29, 2013, 12:56 PM IST

Rupee's dip not to trigger rating action at this point: Fitch

Economic growth in the current fiscal is expected to decline to 4.8 percent, from 5 percent in 2012-13 but it could recover to 5.8 percent in 2014-15, it said.

Nov 21, 2013, 19:03 PM IST

RBI pegs CAD at $56 bn, says no reason for rupee decline

Seeking to reassure investors, RBI Governor Raghuram Rajan Wednesday said there is no fundamental reason for rupee to fall again, and pegged the current account deficit for 2013-14 at USD 56 billion, much lower than the quantum estimated earlier.

Nov 13, 2013, 18:15 PM IST

RBI to relax norms for forex futures after rupee stabilises

Reserve Bank on Monday said it will look at easing restrictions on the forex futures market once stability improves in the foreign exchange market.

Oct 07, 2013, 13:17 PM IST

Over $5 billion received through swap facility: Rajan

Over five billion dollars have come in through the swap facility which was launched in September to combat rupee depreciation, RBI Governor Raghuram Rajan on Friday said.

Oct 04, 2013, 22:01 PM IST

Rupee value should be 59-60 to a dollar: Chidambaram

"We think that based on the REER (real effective exchange rate) value, that (59-60) is the right level of the rupee and it should not overshoot its mark.

Sep 27, 2013, 18:14 PM IST

Hyundai to hike prices by up to Rs 20,000 next month

HMIL will hike prices across models, except the newly launched compact car Grand i10.

Sep 19, 2013, 13:42 PM IST

Rupee up 142 paise at 61.96 Vs dollar

Rupee showed a sharp gain of 142 paise or 2.24 percent from its last close.

Sep 19, 2013, 09:48 AM IST

Rupee washes out initial losses, up 19 paise at 63.18 Vs dollar

The rupee washed out earlier losses Wednesday and was quoted higher by 19 paise to 63.18 per dollar on fresh selling of the US currency by banks and exporters on the back of its weakness overseas.

Sep 18, 2013, 09:42 AM IST

Rupee gains 43 paise at 62.95 Vs dollar in early trade

The domestic currency has spurted by 425 paise or 6.28 percent in last five straight sessions.

Sep 12, 2013, 09:56 AM IST

Rupee fall has forex reserves plunging $16.5 bn since April

The Reserve Bank was net seller of the dollar twice this year in May and June, according to its monthly data.

Sep 08, 2013, 17:34 PM IST

'Rupee depreciation matter of concern but no reason for despair'

"The recent depreciation of rupee, which is more than 18 percent during the last one year, high food inflation and a drop in manufacturing activity are matters of concern.

Sep 07, 2013, 22:37 PM IST