Rupee Appreciation

Rupee rises to 72.88 against US dollar in early trade ahead of Budget 2021

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

Rupee appreciates 6 paise to 73.52 against US dollar in early trade

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

Rupee surges 15 paise to 73.48 against the US dollar in early trade

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

Reserve Bank of India unlikely to let rupee appreciate much: Experts

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

Rupee soars 47 paise to 74.29 against the US dollar in early trade

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

67% of foreign deals in August were asset sales, shows analysis

Large flows pose a challenge to managing rupee appreciation

Gold price declines marginally to Rs 51,770/10 gram; silver down by Rs 738

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

Despite Moody's rating downgrade, indicators point to rupee revival

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.

Rupee appreciation begins to pinch textile exporters as orders dry up

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 .

Statsguru: Rupee strengthens, exports under pressure

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

Yes, the rupee can appreciate more

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

Rupee at near 3-week high of 64.36 ahead of RBI policy

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

Rupee at 21-month high of 64.05 against dollar on robust macro data

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

Rupee zooms 25 paise to 64.38 against US dollar, biggest gain in 4 weeks

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

Rupee at 64 against $: The cause and effect of currency appreciation

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

Rupee strengthens to 20-month high

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