Tag: indian rupee
Government announces tax exemption for FII investments in G-secs: All you need to know
In the last few months, the Indian Rupee has been hitting new lows regularly. Yields on the Government securities (G-secs) have been climbing. Foreign Institutional…
Rupee rises 50 paise to 95.24 against US dollar after RBI policy move
The Indian rupee became stronger by 50 paise and reached 95.24 against the US dollar on Friday after the Reserve Bank of India (RBI) announced…
Will RBI hike rates or keep them unchanged? How Indian markets may react
The Reserve Bank of India’s policy decision is expected on Friday and economists are divided over whether the central bank will hike rates or keep…
RBI likely to hold rates as West Asia crisis impact on growth remains unclear: Bank of Baroda Report
Mumbai: The Reserve Bank of India (RBI) is likely to maintain the status quo on interest rates in its monetary policy announcement on Friday as…
Forex reserves rise to $703 billion; rupee slips 14 paise
Mumbai: India’s foreign exchange reserves rose by $2.3 billion to $703 billion in the week ended April 17, mainly due to an increase in foreign…
India’s forex reserves up by $9.06 billion to $697.12 billion in week ending April 3
India’s foreign exchange reserves rose by $9.06 billion in the week ending April 3 to stand at $697.12 billion, according to data released by the…
Economy on firm footing, rupee doing fine compared to Asian peers: FM Nirmala Sitharaman
New Delhi: Finance minister Nirmala Sitharaman on Monday said the rupee is “doing fine” when compared with the relative performance of other emerging market currencies…
Forex reserves decline by $12 billion as volatility hits asset valuations
MUMBAI: India’s foreign exchange reserves fell sharply in the week ended March 6, reflecting increased currency market volatility and valuation changes amid global geopolitical tensions….
India’s forex reserves swell by $8.66 bn to hit an all-time high of $725.7 bn
India’s foreign exchange reserves rose by $8.66 billion from a week earlier to hit an all-time high of $725.727 billion in the week ending February…
Weak Indian rupee is good for export, but not as good as it seems
The RBI’s firm intervention shored up the rupee yesterday when it rebounded to close 65 paisa stronger at 90.38 a dollar reversing a five-day streak…