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Importers rush to hedge while exporters wait on sidelines amid rupee dip

Importers are rushing to hedge their dollar positions amid the sharp depreciation of the rupee against the American currency and expectations of further volatility even as exporters are holding off......

Rupee breaches 90/dollar for first time; closes at all-time low of 90.15

The rupee breached the 90-a-dollar level for the first time to settle at a fresh all-time low of 90.15 on Wednesday, down 19 paise from its previous close, amid sustained foreign fund outflows and......

'Confident of good trade deal with US'

Officials from both India and the US in the recent past have indicated that a “fair deal” will be concluded soon, with Indian officials holding that more formal rounds of talks are not needed.......

No targeted price level for rupee vs dollar, says RBI

We believe in the markets to decide what the level should be... Our effort really is to ensure that there is an orderly movement of the rupee both sides, and any undue or any abnormal volatility is......

India's forex reserves drop $1.24 bn to $691.49 bn

India's forex reserves dropped by $1.24 billion to $691.49 billion for the week ended May 30, the RBI said on Friday. Photograph: Dado Ruvic/Reuters The overall reserves had jumped by $6.99......

Depreciation Reserve Fund

News for Depreciation Reserve Fund

Importers rush to hedge while exporters wait on sidelines amid rupee dip

Rupee breaches 90/dollar for first time; closes at all-time low of 90.15

'Confident of good trade deal with US'

No targeted price level for rupee vs dollar, says RBI

India's forex reserves drop $1.24 bn to $691.49 bn

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