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15.09.26 - 12:42
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Rupee falls 0.4% to 95.96 against dollar, sharpest single-day drop in two months (Times of India)
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The Indian rupee experienced its sharpest single-day fall in two months. Rising oil prices and higher US interest rate expectations pressured the currency. Attacks on Saudi Arabian energy infrastructure boosted crude oil prices significantly. The Reserve Bank of India's dollar sales helped limit the rupee's losses. Bond yields rose as inflation and rate-hike bets grew....
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11.09.26 - 17:12
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India′s forex reserves surge record $44.9 billion to all-time high of $785.7 billion (Times of India)
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India has achieved a remarkable milestone with its foreign exchange reserves soaring to an impressive $785.706 billion. This upswing comes on the heels of a notable rise in the previous week, primarily fueled by robust foreign currency assets. The central bank's proactive steps attracted more than USD 136 billion in fresh inflows. Conversely, there was a slight dip in the value of India's gold reserves during that period....
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11.09.26 - 06:54
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Rupee tumbles 27 paise against US dollar as crude prices hold firm above $108 per barrel (Times of India)
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The Indian Rupee weakened against the US dollar on Friday, extending its previous day's losses. High crude oil prices and foreign portfolio outflows continued to exert downward pressure. Supportive factors like forex reserves and RBI intervention were insufficient against these headwinds. Investors now await US and Indian inflation data for market direction. Domestic stock markets also experienced declines as foreign investors sold shares....
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