Rupee Appreciation

The rupee rises by 8 paise to 72.88 against the US dollar in opening trade on Monday ahead of the Union Budget 2021-22 presentation in Parliament

The rupee appreciated 6 paise to 73.52 against the US dollar in opening trade as sustained foreign fund inflows and positive domestic equities strengthened investor sentiment

The rupee appreciated 15 paise to 73.48 against the US dollar in opening trade as sustained foreign fund inflows and hectic buying domestic equities strengthened investor sentiment

Excess liquidity and cheap rates could be causing some systemic problem for the future, experts have started to warn

The rupee appreciated 47 paise to 74.29 against the US dollar in opening trade, as investor sentiments strengthened amid expectation of Joe Biden's victory in the US Presidential elections

Large flows pose a challenge to managing rupee appreciation

Silver also declined Rs 738 to Rs 68,371 per kg from Rs 69,109 per kg in the previous trade

Currency dealers say the Reserve Bank of India (RBI) intervened in the currency markets, and may have even bought some bonds anonymously from the secondary markets.

Chennai/Ahmedabad, 18 August Orders are drying up for textile exporters because of rupee appreciation relative to the dollar and the weakening of competing currencies such as the euro and the Chinese renminbi.This comes at a time when the Indian textile sector, the country's second-largest employment generator, is facing pressure because of the introduction of the goods and services tax (GST) and increased global competition.With their global peers becoming competitive owing to their depreciated currencies, Indian textile and apparel exports are becoming costlier, leading to a gradual shift in orders to other parts of the world."We have begun quoting 3-5 per cent higher prices after the rupee appreciated. This is turning away overseas buyers," said Premal Udani, chairman and managing director, Kaytee Corporation, and former chairman, Apparel Exporters Promotion Council (AEPC).In the past one year, the rupee has risen to 64.15 against the dollar from 66.8 levels last August. The rupee .

Calls for RBI to step in to ensure a more competitive exchange rate are gaining traction

In this world of new 'normals', going past gauges of overvaluation might just be a lost cause

Bull run in local markets along with robust capital inflows predominantly weighed on it

Currency has risen 26 paise on Monday and by healthy 58 paise in last 3 sessions

Forex market sentiment also got a boost from the domestic equities' record-setting spree

Are we in the midst of a classic feedback loop of portfolio flows leading to rising share prices

In Asia, the rupee was the best performing currency on Wednesday