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Foreign Exchange Reserves: Rupee's Repeated Record Lows, An Ominous Sign For Nosediving FX Reserves

India's foreign exchange reserves have nosedived since the rupee started to hit new all-time lows in March, days after Russia invaded Ukraine, which resulted in massive capital outflows from emerging markets assets as investors sought safe-haven assets. ....

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Rupee Vs Dollar Rate Today: Rupee Slips Marginally To 72.74 Against Dollar Amid Muted Domestic Equities


Rupee Vs Dollar Today: Rupee settled at 72.74 against the American currency
Rupee Vs Dollar: The rupee settled five paise lower against the US dollar on Wednesday, February 16, at 72.74 (provisional) tracking losses in the domestic equity markets and a stronger American currency. At the interbank foreign exchange market, the domestic unit opened at 72.90 against the dollar and registered an intra-day high of 72.72. It witnessed a low of 72.92. In an early trade session, the local unit slumped as much as 23 paise to 72.92 against the greenback. The rupee closed five paise lower at 72.74 against the American currency. On Tuesday, February 16, the local unit had settled at 72.69 against the dollar. ....

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Rupee Vs Dollar Rate Today: After Early Gains, Rupee Settles On A Flat Note To 72.69 Against Dollar Amid Muted Domestic Equities


Rupee Vs Dollar Today: Rupee settled at 73.69 against the American currency
Rupee Vs Dollar Today: The rupee settled on a flat note against the US dollar on Tuesday, February 16, at 72.69 (provisional) following a muted trend in the domestic equity market. At the interbank foreign exchange market, the domestic unit opened at 72.64 against the dollar and registered an intra-day high of 72.63. It witnessed a low of 72.85. In an early trade session, the local unit rose four paise to 72.64 against the greenback. The domestic unit finally ended at 72.69 against the American currency, registering a fall of just one paisa over its previous close. On Monday, February 15, the rupee closed at 72.68 against the dollar. ....

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