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Exporters call for urgent action on rupee appreciation - Business Main

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Rupee at all-time low ahead of polls but no debate shows political maturity

There’s compelling data indicating successive governments have allowed the RBI to manage the rupee without much interference.

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Jan. credit dip linked to strong rupee, post-festive settlements - Breaking News

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Before Market Opens: 9 essential things to know at 9 am on March 28, 2024

Before Market Opens: Indian markets are likely to open lower on Thursday, the last working day of the week following losses in Asian peers. Markets will remain closed on Friday, March 29, on account of Good Friday. Let's take a look at some key cues before the market opens today:

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Rupee Turns Flat At 83.33 Against US Dollar In Early Trade

Brent crude futures, the global oil benchmark, rose 0.53 per cent to USD 86.56 per barrel.

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Current account deficit narrows to $10.5 billion in Q3 from $11.4 billion

India Business News: MUMBAI: The current account deficit narrowed to $10.

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Rupee's dive traps FPIs with unhedged govt bond positions

Foreign portfolio investors, having splurged on government bonds ahead of India's inclusion in global indices, offloaded ₹3,966 crore (around $450 million to $475 million) worth of sovereign debt in a single day when the rupee weakened past successive technical levels amid a retreating Chinese yuan and lack of significant market interventions by the Reserve Bank of India.

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Before Market Opens: 9 essential things to know at 9 am on March 27, 2024

Before Market Opens: Indian markets are likely to open in the red on Wednesday following caution in Asian peers after Wall Street fell in overnight deals. Meanwhile, Gift Nifty was trading 21 points lower. Let's take a look at some key cues before the market opens today:

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Rupee trades in narrow range against US dollar in early trade

At the interbank foreign exchange, the rupee opened at 83.33 against the dollar and touched an early low of 83.34 in initial trade, registering a fall of 5 paise over its previous close. It was later trading at 83.31 against the American currency.

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Indian economy keeps its shine, with some red flags

India’s strong footing, especially at a time when recession bells are ringing in Europe, may prove useful to the Narendra Modi government ahead of elections. The country remains on top in Mint’s emerging markets tracker.

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