Category: Currency Research

The Reserve Bank turned a net buyer of dollars in December, the first time in the current fiscal year, as it purchased $607 million of the greenback on a net basis from the spot market.
Feb. 17, 2019, 6:39 a.m.

The Indian rupee is set to underperform against the dollar again this year, weighed down by uncertainty ahead of a national election in May, but is unlikely to retest life-time lows, a Reuters poll showed.
Feb. 6, 2019, 4:15 a.m.

Three weeks of narrow sideways range movement between 70.45 and 71.50 in the Indian rupee has come to an end. The rupee declined, breaking the range below 71.50, and fell to a low of 71.82 on Monday.
Feb. 4, 2019, 4:05 p.m.

Global activity in the foreign-exchange market is on the decline as traders step away from forward and swap transactions.
Jan. 29, 2019, 10:30 a.m.

Indian rupee weakened sharply on Tuesday on “chunky outflows” with no intervention seen by the Reserve Bank of India, traders said.
Jan. 15, 2019, 4:34 a.m.

The battered Indian rupee will take another bruising this year, despite a recent revival, weighed down by uncertainty around national elections in May and an expected economic slowdown, a Reuters poll found.
Jan. 9, 2019, 3:10 a.m.

This high value currency accounts for 37.3 per cent of total currency in circulation.
Jan. 3, 2019, 2:09 p.m.

General elections, oil price, Brexit, and US Fed rate hikes may weigh on the currency.
Dec. 31, 2018, 4:41 p.m.

Tumbling oil prices have delivered an early Christmas present to India’s currency market, with the rally that’s put the rupee on course for its best quarter since March 2017 seen extending into the new year.
Dec. 20, 2018, 11:24 a.m.

It was a volatile week for the Indian rupee. The sudden resignation of the RBI Governor, and a surprise defeat of the ruling government in State Assembly elections, kept the currency market volatile in the past week.
Dec. 17, 2018, 4:01 p.m.