ajspot.blogg.se - 1usd to indian rupees

Forex traders said the currency also benefited from steady foreign fund inflows into domestic markets. The Indian rupee closed 12 paise higher at 82.05 (provisional) against the US dollar on 19 July, boosted by the performance of domestic equity benchmarks, which reached all-time highs, and weakness in the greenback. Rupee rises 12 paise to close at 82.05 against US dollar.The index was down 2.3% for the week, its biggest weekly decline in eight months.

The dollar index edged 0.1% higher at 99.869, after touching a 15-month low of 99.574 earlier.

Dollar perks up after sharp losses, but downtrend still intact Jul 14, 2023, 10:23PM IST.

In April, the central bank had bought a net of $7.70 billion in the spot market. The RBI did not sell any dollars in the reported month, the data showed. The Reserve Bank of India (RBI) bought $7.37 billion in the spot foreign exchange market in May, showed data released on Monday as part of the central bank's monthly bulletin.

RBI buys $7.37 bn in spot forex market in May- Bulletin Jul 17, 2023, 07:05PM IST.

In April, the RBI had net purchased $7.7 billion in the spot market, its largest monthly purchase in close to two years. The RBI purchased $7.37 billion in the spot market in May and did not make any dollar sales, data in the central bank's July 2023 bulletin showed.

RBI replenishes forex reserves, buys $7.4 billion in spot market in May Jul 18, 2023, 06:24AM IST.

The import of items like chocolates, perfumes, and shampoos were banned to tackle the country's economic woes.

Import restrictions saved Sri Lanka USD 1.7 billion during forex crisis: state finance minister Jul 18, 2023, 04:00PM ISTĬash-strapped Sri Lanka placed severe import restrictions covering 82 per cent of items to save foreign exchange reserves since early 2022.

Previously, forex reserves had witnessed an uptick of $1.23 billion for the week ending on July 7. India's foreign exchange reserves went up by $12.74 billion and stood at $609.02 billion as on July 14, 2023, Reserve Bank of India data showed on Friday.

India's forex reserves breach $600 billion-mark, hover around 15-month high Jul 21, 2023, 05:17PM IST.

The reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments. It can be noted that in October 2021, the country's forex kitty had reached an all-time high of USD 645 billion.

India's forex reserves fall by $1.9 billion to $607.03 billion Jul 28, 2023, 09:51PM IST.

In order to counteract biases and make more well-informed decisions, we conceived the idea of developing a barometer that captures the underlying momentum in USD-INR.

Hedging currency risk across various market scenarios Jul 31, 2023, 12:10PM IST.

Meanwhile, Finance Minister Ishaq Dar announced the petrol price increased by 19.95 Pakistani Rupees per litre, while that of diesel rose by 19.90 PKR. Fresh fruit prices rose by 17.9%, veggies by 37.64%, tomatoes by 33.45%, and potatoes by 8.16%. The finance ministry said last week that the rate could be between 25% to 27%. Pakistan's inflation rate has increased to 28.3% in July, said the Pakistan Bureau of Statistics (PBS).

Amid economic crisis, inflation rate crosses 28 per cent in Pakistan Aug 2, 2023, 09:53AM IST.

RBI was seen at 82.80 and could be seen again selling USD to keep rupee in a range given the amount of reserves it has accumulated."

Rupee trades in narrow range against US dollar Aug 4, 2023, 10:30AM ISTįinrex Treasury Advisors LLP Head of Treasury Anil Kumar Bhansali said the rupee opened flat "due to losses in dollar index and small gains in Asian currencies while a rise in oil prices.