Topic
usd
Finance RBI Turns Net Buyer of Dollars in June After Two Months of Heavy Sales
The Reserve Bank of India turned net buyer of dollars in June, purchasing $561 million after selling $6.1 billion in May and $3.6 billion in June 2025. An NRI deposit swap scheme boosted inflows, narrowing cumulative FY net sales to -$14.5 billion and cutting the forward short position to -$103.3 billion.
Finance Rupee Slips to 95.74 Against US Dollar as Crude Prices, Importer Demand Weigh
The rupee weakened 4 paise to 95.74 against the US dollar in early trade on Tuesday, pressured by higher crude prices and importer demand, according to Business-Today. The RBI's intervention through state-run banks kept the currency range-bound around ₹95.50–96.00, with the dollar index at 99.04 and Brent crude at $92.45 a barrel. The central bank's USD-INR swap facility has mobilised $73 billion in forex inflows as of August 21.
Finance Bitcoin Crosses $80,000 for First Time Since Mid-May on Weaker Dollar, Up 28% in August
Bitcoin crossed $80,000 for the first time since mid-May, reaching an intraday high of $81,237.94, as a weaker dollar and Treasury plans to buy back long-dated bonds drove demand for alternative assets. The cryptocurrency gained 28% in August, its biggest monthly increase since November 2024, after President Trump urged clearer cryptocurrency rules.
Finance Rupee slips 7 paise against US dollar as Brent crude tops $91 per barrel
The rupee slipped 7 paise to 95.68 against the US dollar on Tuesday as Brent crude futures topped $91 a barrel and the RBI closed its concessional FCN (B) swap window. The dollar index was steady at 99.63, while FIIs net sold Rs 2,535.10 crore in equities. Anil Kumar Bhansali of Finrex Treasury Advisors said the RBI may allow further depreciation.
Finance From kirana to currency: Small towns are scrambling for dollars
Small towns have surpassed major cities in India's foreign exchange demand, driven by international travel, education and business spending. Reports from Mastercard, ClarityX, MapmyIndia, TOI and Worldpanel document rising retail, housing and premium consumption in tier-2 and tier-3 markets. Treasury and finance executives should note the broadening base of dollar demand beyond metropolitan India.
Finance Rupee Falls 11 Paise to 96.36 Against US Dollar Amid US-Iran Tensions and Rising Crude Oil Prices
The Indian rupee opened 11 paise weaker at 96.36 against the US dollar on Wednesday, pressured by rising crude oil prices and safe-haven demand amid renewed US-Iran tensions. The dollar index edged lower to 101.15, while Brent crude rose 1.18% to USD 92.08. RBI measures to attract overseas deposits have provided support, according to Anil Kumar Bhansali of Finrex Treasury Advisors LLP.
Finance Rupee Slips 6 Paise Against US Dollar in Early Trade, No Further Details Released
The Indian rupee weakened by 6 paise against the US dollar in early trade on July 21, 2026, as per a Business-Today article. The report contained no additional context, prior close, or market drivers.
Finance Rupee slips past 96 against US dollar for first time since May as oil prices soar again
The Indian rupee weakened past 96 against the US dollar for the first time since May 2026, depreciating 48 paise to 96.16 on Tuesday. Pressure came from surging crude oil prices and heightened geopolitical tensions in West Asia, which boosted demand for safe-haven assets. The move raises concerns over India's import bill and current account deficit.
Finance Japanese Yen Hits Four-Decade Low Against US Dollar, Sparking Intervention Fears
The Japanese yen fell to its weakest level against the US dollar since 1986, breaching 161.95 in New York and touching 162.40 in Tokyo. Verbal intervention from officials had little effect. Despite the Bank of Japan raising rates to 1%, the yen remains under pressure from the carry trade and expectations of a hawkish Federal Reserve. The government previously intervened with a record ¥11.73 trillion, and markets are watching for further action.
Finance Rupee Tumbles 21 Paise to 94.66 Against US Dollar on Fed Hawkish Stance
The Indian rupee depreciated 21 paise to open at 94.66 against the US dollar on Thursday, following the Federal Reserve's hawkish policy stance which strengthened the greenback. The dollar index climbed to a four-month high of 100.23, while domestic equity markets also opened lower. Positive developments include a US-Iran MOU and progress on India-US trade talks.
Finance Rupee closes flat at 94.52 vs USD as oil-led rally faces off against dollar demand; Fed verdict looms
The Indian rupee closed nearly unchanged at 94.5250 per US dollar on Wednesday, erasing earlier gains driven by a sharp drop in oil prices. Brent crude fell below $80 after the US and Iran reached an interim peace deal. Corporate and importer dollar demand reversed the rupee's rally. Market attention now shifts to the US Federal Reserve's first policy decision under Chair Kevin Warsh, with markets watching for any signal that the easing cycle may be ending.
Trade Finance Rupee Strengthens to 95.41 Against US Dollar
The Indian rupee appreciated by 20 paise, reaching 95.41 against the US dollar. This currency movement could influence trade finance costs and availability.