Forex

Foreign exchange reserves slide $3 bn amid Brexit turmoil

The country's foreign exchange reserves declined by USD 3.03 billion to USD 360.79 billion for the week ended June 24 amid volatility in the currency market after Brexit referendum in the UK.

Jul 01, 2016, 18:36 PM IST

RBI governor Raghuram Rajan faces ghosts of rupee's past

The looming expiration of an emergency liquidity measure introduced during India`s 2013 currency crisis comes at a risky time for the rupee, with about $20 billion in deposits expected to leave the country as global investment appetite worsens.

Jun 16, 2016, 16:54 PM IST

Forex reserves continue to slide, fall to $360.2 bn

In the previous week, the reserves had fallen by USD 121.3 million to USD 360.905 billion.

Jun 03, 2016, 19:30 PM IST

India's forex reserves down $121.3 mn to $360.90 bn

Total reserves had dipped by USD 968 million to USD 361.02 billion in the previous reporting week ended May 13.

May 27, 2016, 20:57 PM IST

Rupee at fresh 2-month low, tumbles 39 paise to 67.36

Extending losses for the sixth straight session, the rupee Thursday plummeted by 39 paise to hit an over 2-month low of 67.36 per dollar on persistent demand for the American currency from banks and importers amid higher greenback overseas, coupled with sharp fall in equities.

May 19, 2016, 20:11 PM IST

Rupee breaches 67-mark against US dollar, ends 10 paise lower at 66.97

The rupee continued its free fall against the US dollar for the fifth straight session Wednesday and touched the 67-level after a gap of two months, but closed 10 paise lower at 66.97 on sustained demand for the greenback from banks and importers amid fall in domestic equities.

May 18, 2016, 19:54 PM IST

Rupee hits 2-week closing low of 66.58 against US dollar

The rupee surrendered its morning gains and ended lower by 4 paise at the close, hitting 2-week low of 66.58 on fag-end dollar demand from banks and importers amid higher greenback in the global markets, despite a sharp recovery in domestic equities.

May 09, 2016, 18:30 PM IST

Forex reserves at record high of $361.601 bn

In the previous week, the reserves had risen by USD 333.7 million to USD 360.250 billion.

Apr 29, 2016, 18:34 PM IST

Rupee drops 14 paise to 66.62 against US dollar

Extending its fall for the third session, the rupee Monday dropped by another 14 paise to close at 66.62 against the US dollar on persistent demand for the American currency from banks and importers amidst lower domestic equities.

Apr 25, 2016, 19:23 PM IST

Forex reserves at record high of $360.25 bn

In the previous week, the reserves had increased by USD 157.4 million to USD 359.917 billion.

Apr 22, 2016, 20:49 PM IST

Forex reserves surge to record high of $359.759 bn

India's foreign exchange reserves surged by a whopping USD 4.2 billion to touch a record high of USD 359.759 billion in the week ended April 1, mainly on account of rise in foreign currency assets, the Reserve Bank said today.

Apr 09, 2016, 00:04 AM IST

Rupee hits 7-week high of 67.54 Vs US dollar, up 31 paise

Continuing its upward march for the fourth consecutive day, the rupee Wednesday surged by another 31 paise to end at a nearly seven-week high of 67.54 on persistent selling of dollars by banks and exporters in view of fresh foreign capital inflows.

Mar 02, 2016, 18:40 PM IST

Rupee snaps 2-day gains, ends down 31 paise at 68.38 Vs USD

The domestic currency moved in a range of 68.13 and 68.43 per dollar during the day.

 

Feb 16, 2016, 19:56 PM IST

Forex reserves down by $1.4 bn at $351.11 bn

In the previous week, reserves had increased by USD 407.9 million to USD 352.51 billion.

Dec 25, 2015, 19:31 PM IST

China's foreign reserves fall to $3.44 trillion, a near three-year low

The country's foreign exchange stockpile, the world's biggest, declined to USD 3.44 trillion last month, down USD 87.2 billion from October, according to figures released by the State Administration of Foreign Exchange (SAFE).

Dec 07, 2015, 17:53 PM IST

AirAsia swings to Q3 loss, dragged by Indonesia, forex losses

Malaysia-based AirAsia, the region's biggest budget carrier by fleet size, said Thursday it suffered a loss in the third quarter, bogged down by foreign exchange losses and its Indonesian operations.

Nov 26, 2015, 21:33 PM IST

Rupee tumbles by 28 paise to 2-month low of 66.47 against US dollar

The rupee plunged by 28 paise to more than 2-month low of 66.47 against the US dollar Monday on fresh month-end demand for the American currency from importers and banks amidst volatile equity markets.

Nov 23, 2015, 18:00 PM IST

Markets closed on account of Diwali Balipratipada today

Investors and funds open their new accounts on the first session of Samvat year 2072.

Nov 12, 2015, 10:42 AM IST

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Now you can buy/sell foreign currency and get it delivered at your doorstep. 

Oct 27, 2015, 02:30 AM IST

Rupee falls for second straight day to hit 65.12 Vs US dollar

Extending losses for the second straight session, the rupee Wednesday fell by another 7 paise to to end at 65.12 against the US dollar on persistent demand for the American currency from banks and importers despite sustained foreign capital inflows.

Oct 21, 2015, 19:06 PM IST