Rupee Depreciation

Indian exports likely to lose edge on rising rupee, says RBI study

Study suggests absorbing inflows to avoid this; effective exchange rate index revamped

Fitch Solutions revises forecast, says Indian rupee to trade weaker in 2021

We see depreciatory pressure on the rupee due to worsening terms of trade from rising oil prices, further monetary easing, it said

Rupee slips 4 paise to 73.11 against the US dollar in early trade

The rupee depreciated by 4 paise to 73.11 against the US dollar in opening trade of the first session of the New Year as market participants remained on the sidelines due to lack of fresh cues

Rupee becomes worst-performing Asian currency; bonds rally in 2020

Rupee has depreciated 2.3 per cent in this calendar year

Rupee depreciates 16 paise to 73.95 against US dollar in early trade

The rupee depreciated 16 paise to 73.95 against the US dollar in opening trade on Tuesday tracking muted domestic equities and weakened risk appetite amid concerns about a new virus strain

Rupee depriciates 8 paise to 73.63 against US dollar in early trade

The rupee depreciated 8 paise to 73.63 against the US dollar in opening trade on Tuesday tracking muted domestic equities

Indian rupee at a higher risk of depreciation as oil prices surge

Rising crude oil prices along with widening trade deficit have elevated the depreciation risk level for the Indian rupee during the upcoming week

Indian rupee weakens 11 paise to 73.68 against US dollar in early trade

The rupee depreciated 11 paise to 73.68 against the US dollar in opening trade tracking muted domestic equities and a rebound in the American currency

Indices fall for second straight session as investors stay in risk-off mode

Depreciating rupee and weak Q2 results from blue-chips further sap risk appetite

Rupee depreciation to help boost Indian farm, textile and jewellery exports

However, the country could lose the currency edge if the monetary units of its competitors also decline, as in the case of Brazil, Indonesia and Turkey

Investing in global funds will provide diversification, better returns

Dollar assets also make sense if you are planning to settle abroad

Coronavirus fear: Biz disruption will outweigh currency gain, say analysts

The rupee declined 0.3 per cent on Friday to hit an all-time low of Rs 75.20 against the dollar

Saudi discount to only partially transmit in product prices: IOC chief

According to Sanjiv Singh, chairman of Indian Oil Corporation, each rupee depreciation results in Rs 2,500 crore of more outgo on crude oil import

Gold up Rs 239 to Rs 41,865 per 10 gram on global cues, rupee depreciation

Silver prices also jumped Rs 296 to Rs 47,584 per kg from Rs 47,288 per kg on Monday

Rupee one of the worst performers among its Asian peers in the past 1 year

Down 2% versus $ since Dec 2018, against mild appreciation in many Southeast Asian currencies

Rupee falls to over 2-month low on weak economic data, crosses 72 a dollar

Dollar index, which measures the greenback's strength against major global currencies, rose 0.05% to 98.35

India's Q2 GDP data crucial, rupee to decline further on weak numbers: DBS

India's industrial production contracted sharply by 4.3 per cent Y-o-Y in September against the 2.5 per cent consensus. August's contraction was revised down to 1.4 per cent from 1.1 per cent.

Gold price rises Rs 118 at Rs 38,678 per 10 g on global cues, weaker rupee

HDFC Securities Senior Analyst (Commodities) Tapan Patel said spot gold prices for 24 Karat in Delhi were trading up by Rs 118 with recovery in global gold prices and sharp rupee depreciation.

Sensex drops 262 points, rupee declines 1% as global oil price surges

The yield on the 10-year government security rose nearly 8 basis points to 6.71 per cent. Bond yields and prices move in opposite directions

Rupee depreciation led to incremental trade deficit of $4 bn: SBI study

Based on an analysis of both export and import intensive industries during April-September 2018, SBI's report 'Ecowrap' concluded that rupee depreciation has not helped exports as is widely believed