DNA: Dollar Vs Rupee -- How fall in currency will affect India?
The weakening of the rupee against the dollar is not breaking news and we have become accustomed to it over the years. This is also because this decline has continued in this way in every government. But the big question is, how worrying is this fall in the rupee?
Jul 21, 2022, 00:08 AM ISTDNA: Rupee Vs Dollar -- Why 'strong' India's rupee is 'weak'?
For the first time in history, the Rupee hits all-time low of 80 against US dollar. The big question is, what message does this fall of the rupee send for the Indian economy?
Jul 21, 2022, 00:04 AM ISTDNA: What does historical fall in rupee means, explains Anil Singhvi
Even though the fall of rupee in India has not become a breaking news yet, but the big question is, is it really a challenge for our economy? With Anil Singhvi, Managing Editor, Zee Business, understand how the fall of the rupee will affect you.
Jul 20, 2022, 23:44 PM ISTSpeculations may have triggered rupee fall: SBI report
The report further said the Reserve Bank of India should have created a special window for oil marketing companies and have taken out USD 400-450 million daily dollar demand.
Nov 29, 2018, 14:38 PM ISTFinMin allows OMCs to borrow $10 billion with 5 years maturity in phased manner
OMCs will not be required to hedge their exposure.
Oct 04, 2018, 14:42 PM ISTGovt steps to boost capital inflow unlikely to reverse Rupee slide: Moody's
The rupee has depreciated more than 10 percent against the US dollar since January 2018 and was at Rs 72.1 against the dollar as of September 21.
Sep 24, 2018, 09:51 AM ISTIndia considers raising import duty on steel to support rupee
The source said there was no certainty that the proposed duty would be imposed.
Sep 19, 2018, 11:34 AM ISTRupee ends at fresh record low of 72.97 against dollar
IMF has warned that the rupee depreciation would jack up the prices of imported goods.
Sep 18, 2018, 17:19 PM ISTWith Rupee on sticky wicket, PM Modi to hold crucial meeting with officials
The meeting comes in the backdrop of the Indian currency touching its lifetime low.
Sep 14, 2018, 16:21 PM ISTRupee not to go in for free fall: Former RBI Guv Rajan
The RBI has increased the key lending rate twice in the recent past on inflationary concerns.
Sep 11, 2018, 10:34 AM ISTRupee falls for 6th day in a row, RBI swings into action
The Indian rupee's unabated fall continued for the sixth straight session Wednesday, hitting yet another closing low of 71.75, down 17 paise against the US currency as surging oil prices and weak trend in emerging market currencies weighed on sentiments.
Sep 05, 2018, 21:26 PM ISTAs Rupee plunges to historic lows, Finance Minister Arun Jaitley says ‘no domestic factor’
We must bear in mind that dollar has strengthened against almost every currency, said Finance Minister Arun Jaitley.
Sep 05, 2018, 21:18 PM ISTRupee to fall to record low over coming year
The rupee is expected to fall further to 69.50 by year-end.
Jan 06, 2017, 15:47 PM ISTRupee falls for eight straight session, holds at 2-1/2 month low of 67.49
Extending its fall for the eighth straight session, the rupee today depreciated by another 5 paise to end at 67.49 per dollar on sustained demand for the US currency from banks and importers.
May 23, 2016, 18:32 PM ISTRupee to moderately fall towards 69 in 9-12 months: Citi
The rupee is likely to "moderately depreciate" towards the 69 level in the next 9-12 months on the back of higher crude prices in the second half of next fiscal, a Citigroup report says.
Mar 23, 2016, 12:39 PM ISTRBI's defence of rupee depletes Forex by $1.90 billion
The forex reserves of India plunged to USD 351.73 billion, due to the RBI's attempt to stem the fall in rupee value and maintain the currency in it's comfort zone.
Nov 14, 2015, 14:37 PM ISTRupee must fall more to save exports, prevent China dumping: SBI
As the rupee touched a new 2-year low, State Bank chairperson Arundhati Bhattacharya today said it must fall further to help domestic exporters.
Sep 07, 2015, 20:42 PM ISTFall in crude prices responsible for dip in exports: Govt
As merchandise shipments continue to fall since last December, a top official in Commerce Ministry today attributed the declines to sharp fall in fuel prices overseas, which led to a dip in petroleum product exports.
Aug 25, 2015, 23:18 PM IST'No immediate advantage to exporters from rupee fall'
The steep depreciation of rupee will not give an immediate advantage to the country's exporters, trade bodies said Monday.
Aug 24, 2015, 23:04 PM ISTIT stocks gain on rupee fall
IT stocks were in limelight Wednesday, gaining nearly 3 percent, as the stronger US currency boosts the sales of software firms in rupee terms.
May 20, 2015, 19:06 PM IST