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Searched Tag: forex traders
The overall reserves had declined by USD 6.925 billion to USD 695.355 billion, while the value of the gold reserves also declined by USD 3.81 billion to USD 101.726 billion during the week, the RBI said

Forex reserves drop by USD 5.62-bn to USD 689.73-bn

November 7, 2025, 07:09 PM - 1 min read

India’s forex reserves kitty saw another drop of USD 5.623 billion to end at USD 689.733 billion in the week that ended on October 31

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Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading 0.22 per cent lower at 98.82

Rupee recovers from all-time low to close at 88.06 against USD

October 15, 2025, 06:26 PM - 3 min read

The rupee made a sharp return from its all-time low to gain 75 paise on Wednesday, in part due to intervention by the Reserve Bank of India and a surge in the domestic markets

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Image for representative use only.

Online trading scam nets ₹800 crore in nine months

October 4, 2025, 05:17 PM - 3 min read

OctaFX allegedly earned Rs 800 crore in nine months in India through disguised forex and crypto trades, prompting a wide ED probe into cross‑border frauds.

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The rupee fell to 85.45 against the US dollar on Thursday. Representative image.

Rupee slips 7 paise to 85.45 against US dollar in early trade

May 29, 2025, 09:46 AM - 3 min read

The rupee weakened by 7 paise to 85.45 against the US dollar in early trade on Thursday, as the greenback firmed following a US federal court ruling that blocked President Trump’s reciprocal tariff order. Crude prices and weak domestic output data further weighed on the currency, despite strong equity inflows.

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Representative image.

Rupee strengthens by 19 paise against USD in early trade

March 13, 2025, 09:58 AM - 3 min read

The rupee appreciated by 19 paise to 87.03 against the US dollar in early trade, buoyed by favourable macroeconomic data. While global tariff tensions led to foreign capital outflows, a weaker US dollar index and lower crude oil prices provided support to the local unit. Equity markets also traded positively.

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Rupee gains 6 paise, reaches 84.35 against dollar

Rupee gains 6 paise, reaches 84.35 against dollar

November 25, 2024, 10:20 AM - 2 min read

The rupee gained 6 paise to 84.35 against the US dollar on Monday, supported by a rise in domestic equities.

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