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Rupee REER declines in Dec after Nov peak

The Real Effective Exchange Rate (REER) of the rupee moderated in December to 107.20 after hitting a peak of 108.14 in November, latest data released by the Reserve Bank of India (RBI) showed.......

Rupee overvalued vs key currencies despite new lows against $

The rupee remains overvalued against the currencies of India’s trading partners, even as it hit record lows against the dollar in August and September. Illustration: Uttam Ghosh/Rediff.com......

Rs steady against $ in CY24, weakens vs euro, pound

The rupee has remained largely stable against the US greenback in the current calendar year (CY 2024), depreciating by just 0.59 per cent so far. Illustration: Dominic Xavier/Rediff.com However,......

FX derivatives mkt in a fix before new RBI rules

Exchange-traded currency derivatives volumes are likely to drop in view of new Reserve Bank of India (RBI) rules, casting a cloud over further participation of retail investors and proprietary......

Rupee Rebound Expected in April-June

A potential risk to the rupee's appreciation trajectory lies in the event of a delay in the Federal Reserve's rate cut cycle, particularly if core inflation in the US remains elevated. IMAGE:......

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Greenback Forex

News for Greenback Forex

Rupee REER declines in Dec after Nov peak

Rupee overvalued vs key currencies despite new lows against $

Rs steady against $ in CY24, weakens vs euro, pound

FX derivatives mkt in a fix before new RBI rules

Rupee Rebound Expected in April-June

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