Revival in FPI inflows likely to ease pressure on rupee
INR closed marginally lower at 83.55 against the U.S. dollar on Friday, hovering near its lifetime low of 83.57, amid intervention by the RBI.
dollar
June 2024
December 2023
October 2023
May 2023
January 2023
December 2022
October 2022
July 2022
IMF reclassifies India's exchange rate regime on forex interventions
The RBI strongly disagrees with IMF's assessment that FXI likely exceeded levels necessary to address disorderly market conditions.
Exchange-traded funds dump gold for dollar
Year-to-date global Gold ETF outflows stand at $11 billion and total holdings have fallen by 189 tonnes at the end of September 2023.
The Rupee Got Its Mojo Back!
The rupee is holding strong against the dollar index compared with six major currencies in Asia.
Dollar supremacy undermined as petrodollar ally joins Shanghai Cohort
How China is using diplomacy to dethrone the USD and establish Renminbi as global currency
What's Behind Central Banks' Gold Rush?
Central Banks globally have accumulated gold reserves this year at a pace not seen since 1967.
Year 2022 marks inflection point for financial world
The year proved to be a roller-coaster, not only from the geo-political perspective but also from the point of view of asset management and economics.
Rupee falls to record low of 82.69 against US dollar
The rupee opened at 82.68 against the US dollar at the interbank foreign exchange.
Rupee just shy of 80 against USD; FM explains why
Other currencies such as the British pound, the Japanese yen and the Euro have weakened more than the Indian rupee against the U.S. dollar, says the Centre
Rupee at new low of 79.65 a dollar, inches closer to 80
Analysts expect rupee to further decline this week, just short of the 80 per dollar mark, amid strong dollar, recession and FII outflows.
