Rupee Trade News
Rupee volatility can slash earnings by 250 bps in FY26, says Crisil; these sectors will be worst hit
The rupee fluctuations against the US dollar are expected to impact sector earnings by upto 250 bps in fiscal 2026. While some sectors may benefit, others reliant on imports could face increased costs, potentially affecting their earnings short-term, with a neutral overall credit impact anticipated.
2 min read8 Apr 2025Indian rupee set to post best weekly performance in two years on US dollar inflows
The Indian rupee rose 0.25% to 86.1475 against the dollar, continuing a weekly increase of 0.72%. The rise is attributed to dollar inflows and rebalancing of FTSE’s All-World Index, with expectations of $1.5 billion inflows amid weak Asian currencies.
1 min read21 Mar 2025Market slump deepens: Half of Nifty 500 stocks sink 30-68% from 1-year peaks. Do you own any?
A wave of selling in the Indian stock market is causing substantial wealth erosion for investors. Economic concerns and geopolitical factors, including Trump’s tariff strategy, are driving this trend. Many stocks are down significantly from their peaks, reflecting the ongoing market distress.
4 min read25 Feb 2025INR vs USD: Rupee rallies most in over two years, back above 87/dollar mark on likely RBI intervention
The Indian rupee surged nearly 1% against the US dollar, aided by the RBI’s intervention, marking its strongest rally in over two years. The currency stabilized at 86.6362 per dollar, moving above the 87 mark for the first time since January 31.
1 min read11 Feb 2025Ahead of RBI monetary policy, central bank likely conducting buy/sell USD-INR swaps
India’s central bank is reportedly conducting dollar-rupee swaps and selling spot dollars to support the rupee. Traders noted that the RBI’s recent interventions have affected rupee liquidity, while forward premiums for dollar-rupee have decreased.
1 min read6 Feb 2025Ajit Ranade: Rupee depreciation is inevitable but exchange-rate volatility is not
The Reserve Bank of India should restrain its active forex intervention, while the government needs to frame policies aimed at attracting more dollars. It’ll also help to tone down the rhetoric that equates the rupee’s strength with national strength.
4 min read6 Jan 2025Mint Quick Edit | Equity bounce: The market’s path ahead is hazy
India’s stock market has begun 2025 on a cheerful note, fed possibly by a spot of good news on the economy. Whether it marks a market upturn is impossible to make out.
1 min read3 Jan 2025India should advocate trade optimism in Manmohan Singh’s honour
Globalization stares at further reversals even as India’s economy needs an export-led boost. Advocacy of friction-free and low-barrier trade would serve our interests and also be a tribute to the liberalizer’s legacy.
3 min read30 Dec 2024Mint Quick Edit | Has the rupee weakened or strengthened?
It has fallen against the dollar but its real effective exchange rate, vis-a-vis a basket of currencies, is at a peak. Is this too risky? That’s a call for RBI to take.
1 min read27 Dec 2024Rupee-backed stablecoins could complement RBI’s digital currency
Crypto tokens pegged to the rupee offer notable benefits like ease-of-use, low transaction cost and relatively stable value. If we put a regulatory framework in place, such stablecoins could work alongside the central bank’s e-rupee.
4 min read26 Dec 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared