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Bhavish Aggarwal schooled for suggesting Dollar sign be replaced with Rupee
Bhavesh Aggarwal's call to replace Dollar sign with the Indian Rupee led him to being trolled on social media.
Published on Aug 25, 2024 08:49 AM IST
Rupee drops to lifetime low of 83.7525 vs dollar on outflow worries
Forex traders said the sharp downfall in the domestic unit came on the heels of a downturn in the Indian equity markets and significant foreign fund outflows.
Published on Aug 05, 2024 11:08 AM IST
PTI |
Indian rupee declines to record low after government raises tax on capital gains
The Indian rupee declined to record low after the domestic stock market crashed due to the government raising tax on capital gains.
Published on Jul 23, 2024 02:30 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Rupee falls 5 paise to 83.54 against US dollar in early trade
At the interbank foreign exchange market, the rupee opened at 83.52 and lost further ground to trade at 83.54 against the greenback in initial deals.
Published on Jul 04, 2024 09:59 AM IST
PTI |
Goldman Sachs favours Euro for its favorite carry trade, the Rupee
Goldman Sachs carry trades the Rupee using Euros, betting the European Central Bank will further reduce interest rates, while the RBI keeps the Rupee stable.
Published on Jun 28, 2024 08:46 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
India's foreign exchange reserves rise by $810 mn to $653.7 bn on June 21: RBI
India's foreign exchange reserves rose to $653.7 billion during the week ended on June 21, with the rupee hitting a record low against the dollar.
Published on Jun 28, 2024 08:08 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Rupee hits record low against US dollar, weakens past 83.58
At the interbank foreign exchange market, the local unit opened at 83.43 and lost further to 83.48 against the greenback.
Published on Jun 20, 2024 02:34 PM IST
PTI |
India’s foreign exchange reserves rise to new record after elections
The rupee weakened this week, like other emerging markets currencies, closing at 83.5612 a dollar on Friday.
Published on Jun 15, 2024 05:02 PM IST
Bloomberg |
Rupee's stability & cost makes it attractive for carry trade, Bank of America
The Indian rupee is stable and inexpensive compared to its emerging market peers
Published on Jun 10, 2024 05:00 PM IST
HT News Desk | Edited by Abhyjith K. Ashokan
Fitch sees Indian rupee rebounding to 82 per dollar. Here's why
The rupee is expected to appreciate to 82 per dollar by the year-end, from about 83.50 currently, Jeremy Zook, a director at Fitch in Hong Kong, said.
Published on May 08, 2024 01:07 PM IST
Bloomberg |
Rupee falls to a record low of 83.51 against US dollar
Forex traders said a negative trend in domestic equities and sustained foreign fund outflows also dented investor sentiments.
Published on Apr 16, 2024 10:08 AM IST
PTI |
From HT Archives: The rise of Rupee, no longer linked to the Pound Sterling
Central Assembly passed bill de-linking Rupee from Sterling, marking financial independence pre-political independence. New nickel coin introduced to save silver for repaying USA loan.
Updated on Apr 13, 2024 06:32 AM IST
HT Correspondent, New Delhi
Still a long way from rupee globalisation
We should, of course, celebrate India’s increasing global importance; for the rupee, however, it’s a much longer road to internationalisation.
Published on Apr 04, 2024 09:39 PM IST
Rupee turns flat at 82.90 against US dollar in early trade
Rupee turns flat at 82.90 against US dollar in early trade
Updated on Mar 06, 2024 09:33 AM IST
PTI |
Not US dollar, this is world's strongest currency. Check full list
Economic growth, political stability, global demand and natural resources are determining factors to measure the strength and value of a currency
Published on Jan 17, 2024 03:06 PM IST
Rupee rises 3 paise to 83.42 against US dollar in early trade
Rupee rises 3 paise to 83.42 against US dollar in early trade
Updated on May 06, 2024 09:53 AM IST
PTI |
NRI investment hurdles: Zerodha’s Nithin Kamath calls for simplified onboarding
Nithin Kamath explained the challenges NRIs face in opening accounts in India, including the lengthy process, limited account options.
Published on Nov 16, 2023 05:26 PM IST
Sensex plummets over 900 points to settle at 63,148, Nifty in red at 18,857
Foreign Institutional Investors sold equities worth ₹4,236.60 crore on Wednesday, according to exchange data.
Updated on Oct 26, 2023 04:18 PM IST
PTI |
RBI likely to start digital rupee pilot in call money market by October
Reserve Bank of India is likely to launch a pilot of Central Bank Digital Currency (CBDC) for interbank borrowing by October.
Published on Sep 10, 2023 12:48 PM IST
PTI | | Posted by Singh Rahul Sunilkumar
Rupee falls 9 paise to settle at all-time low of 83.22 against US dollar
Earlier, the Indian currency had closed at the same level of 83.13 on August 21.
Updated on Sep 07, 2023 08:04 PM IST
PTI | | Posted by Sreelakshmi B
Rupee at all-time low against US dollar, slumps 10 paise down to ₹83.14
At the interbank foreign exchange market, the local unit opened at 83.08 against the US dollar and moved in a range of 83.02 to 83.18 in the day trade.
Published on Sep 06, 2023 04:32 PM IST
PTI |
Forex reserves rise to near two-month high of USD 596.28 billion
India's forex reserves rise USD 1.23 billion to USD 596.28 billion
Updated on Jul 14, 2023 07:24 PM IST
PTI | | Posted by Singh Rahul Sunilkumar
Forex reserves fall USD 2.9 bn to USD 593.19 billion
Forex reserves drop USD 2.9 bn to USD 593.19 billion
Published on Jun 30, 2023 06:08 PM IST
PTI | | Posted by Singh Rahul Sunilkumar
India, Russia suspend negotiations to settle trade in rupees
India's finance ministry, the central Reserve Bank of India and Russian authorities did not immediately respond to requests for comment.
Published on May 04, 2023 01:40 PM IST
Reuters |
Paint companies to log 10-12% growth in revenue this fiscal: Report
The report also said their near debt-free balance sheets will support credit risk profiles despite all major paint companies being on an aggressive capex spree.
Published on Apr 19, 2023 05:24 PM IST
PTI | | Posted by Yagya Sharma
Rupee rises 18 paise to 81.93 against US dollar in early trade
At the interbank foreign exchange, the domestic unit opened at 81.99 against the dollar, then climbed to 81.93.
Published on Apr 13, 2023 10:16 AM IST
PTI | | Posted by Sreelakshmi B
HT This Day: April 9, 1947 -- Indian currency to be independent
The Central Assembly today passed three important bills, one delinking the rupee from the sterling, another providing for production and marketing of rubber and a third giving protection to several industries as recommended by the Tariff Board.
Updated on Apr 08, 2023 10:00 PM IST
HT Correspondent, New Delhi
Pakistan rupee falls all-time low against US dollar
The local unit, in the interbank market, closed at 287.29 against the US dollar, 0.78 per cent or ₹2.25, down from Monday’s close of 285.04.
Published on Apr 04, 2023 08:22 PM IST
PTI |
Pakistan central bank raises key interest rate 100bps to record 21%
Soaring prices have put pressure on household budgets and left many desperate, with at least 16 people killed in stampedes for food aid last week.
Published on Apr 04, 2023 05:37 PM IST
Reuters | | Posted by Yagya Sharma
Centre launches Foreign Trade Policy 2023, aims $2 trillion exports by 2030
The policy will continue to adopt consultative approach to resolve issues of trade and Industry with wider participation of states and districts in promoting exports from the grassroots
Updated on Mar 31, 2023 02:27 PM IST
Rajeev Jayaswal