Tag Archives: FRX

MUMBAI, July 25 (Reuters) – The Reserve Bank of India likely bought dollars and conducted sell/buy swaps via public sector banks after the rupee reached a more-than-two-month high on Tuesday, three traders told Reuters. The rupee was last at 81.7950 to the US dollar, off the day’s high of 81.6750. …

MUMBAI, July 25 (Reuters) – The Indian rupee will be looking to rise further versus the US dollar on Tuesday, on the back of the rise in Asian currencies and positive risk mood. Non-deliverable forwards indicate the rupee will open little changed or slightly higher than the dollar, having reached …

MUMBAI, July 21 (Reuters) – India’s foreign exchange reserves (INFXR=ECI) rose for a third straight week to a total of $609.02 billion as of July 14, the highest in nearly 15 months, data from the central bank showed on Friday. They rose by $12.74 billion from the week earlier – …