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03.11.26 - 06:42
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Rupee gains 12 paise against dollar, supported by FII inflows (Times of India)
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During the early trading hours, the Indian rupee saw an increase of 12 paise to reach 94.72 against the US dollar, driven by lower crude oil prices at $104.76 per barrel. Continuous investments from Foreign Institutional Investors provided additional backing for the currency. However, the stronger US dollar ahead of the midterm elections capped the gains....
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30.10.26 - 15:48
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India′s forex kitty shrinks by $1.27 billion as gold reserves slide (Times of India)
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In the week ending October 23, India witnessed a decline in foreign exchange reserves, dropping by $1.269 billion to a total of $719.748 billion. This decrease was primarily driven by a notable reduction in the value of gold reserves. However, foreign currency assets saw a rise of $1.358 billion, reaching $593.205 billion....
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30.10.26 - 13:18
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Rupee Ends Session Strong: gains 33 paise to 94.93 vs dollar; IMF backs FX flexibility (Times of India)
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Closing at 94.93 against the US dollar, the rupee gained 33 paise in trading, buoyed by a soft dollar and positive domestic bond market conditions. Yet, high crude oil prices and escalating tensions in the Middle East limited its gains. Analysts caution that geopolitical factors may create hurdles ahead. The selling trend by foreign institutional investors also continues to shape the overall market environment....
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29.10.26 - 07:06
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Rupee gains 11 paise to 95.17 against dollar after Fed holds interest rates (Times of India)
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In early trading on Thursday, the rupee gained 11 paise against the US dollar, reaching 95.17. This uptick followed the US Federal Reserve's decision to keep interest rates steady, causing a weakening of the dollar as traders reacted negatively. Observers are now focused on upcoming economic data, especially regarding inflation and potential rate adjustments. Notably, Foreign Institutional Investors have been actively purchasing Indian equities, reflecting a positive market outlook....
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