Silicon Valley Bank Crisis: Here is how the Indian markets (NSE & BSE), the Asian markets, Indian Rupee and others reacted in the wake of SVB crisis
Foreign Institutional Investors (FIIs) were net buyers in the capital market on Friday as they purchased shares worth Rs 246.24 crore, according to exchange data
Following the Russia-Ukraine war and the sanctions imposed by the West, India has been trying to promote rupee trade
On Friday, the rupee settled at 82.06 against the US dollar
The High Commission of India here organised a discussion on the use of the Indian Rupee (INR) for transactions between India and Sri Lanka on Thursday
On Thursday, the rupee closed at 82.60 against the US currency
Rao said as the economy grows and becomes more developed, the scope of participation in foreign exchange markets would change.
On Wednesday, the rupee settled at 82.49 against the US dollar
Forex traders said the Indian rupee depreciated on weak domestic markets and a positive greenback. Rebound in crude oil prices also weighed on the rupee
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.23 per cent to 104.34
At the interbank foreign exchange, the domestic unit opened weak at 82.76 against the dollar, registering a decline of 3 paise over its last close
In the previous session on Friday, the rupee settled at 82.08 against the US dollar
Brent crude futures, the global oil benchmark, advanced 0.25 per cent to USD 80.14 per barrel
Rupee vs Dollar: At the interbank foreign exchange, the domestic unit opened at 81.29 against the dollar, registering a rise of 9 paise over its previous close
After the successful launch of the wholesale pilot, the Reserve Bank of India (RBI) on December 1, last year, began its retail CBDC pilot project.
Rupee vs Dollar: In the previous session on Friday, the rupee dipped 3 paise to close at 82.82 against the dollar.
In the previous session on Thursday, the rupee settled 27 paise lower at 82.76 against the US dollar.
At the interbank foreign exchange, the domestic unit opened at 82.34 against the dollar, then gained further ground to touch 82.28, registering a rise of 19...
Forex traders said foreign fund outflows also weighed on investor sentiments
Rupee vs Dollar: In the previous session on Monday, the rupee rose 3 paise to end at 81.68 against the dollar.
At the interbank foreign exchange market, the local unit opened weak at 81.81 and touched an intra-day high of 81.61 and a low of 81.83 against the greenback
Rupee vs Dollar: In the previous session on Friday, the rupee weakened by just one paisa to end at 81.71 against the dollar.
Forex traders said a firm trend in domestic equities, sustained foreign fund inflows and easing crude oil prices also supported the local unit
Figures fail to show any significant positive impact of Prime Minister Narendra Modi’s 2016 order banning two highest-valued currency notes in the country
Forex traders said the rupee opened on a flat note ahead of the US Federal Reserve's much-awaited monetary policy decision later in the day.
