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Tag: Rupee

Kumar Mangalam Birla’s Grasim gets cheapest rupee bond deal in 5 years
Posted in Business

Kumar Mangalam Birla’s Grasim gets cheapest rupee bond deal in 5 years

Estimated read time 2 min read
Posted on May 22, 2025
by Joelgalvan

Grasim Industries Ltd. has secured its lowest-cost local-currency bond since June 2020, a sign that interest rate cuts and recent…

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Rupee ends lower on foreign banks’ dollar bids, dip in regional peers
Posted in Business

Rupee ends lower on foreign banks’ dollar bids, dip in regional peers

Estimated read time 2 min read
Posted on May 6, 2025
by Joelgalvan

The Indian rupee slipped on Tuesday, tracking mild losses in regional peers and dollar demand from foreign banks, though broader…

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Rupee ends higher, aided by stronger yuan and slumping oil prices
Posted in Business

Rupee ends higher, aided by stronger yuan and slumping oil prices

Estimated read time 2 min read
Posted on May 5, 2025
by Joelgalvan

The Indian rupee strengthened on Monday, tracking a rise in the offshore Chinese yuan and comforted by falling crude oil…

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Rupee: Rupee hits a 6-month high at 83.78/$, erases 2025 losses
Posted in Business

Rupee: Rupee hits a 6-month high at 83.78/$, erases 2025 losses

Estimated read time 2 min read
Posted on May 3, 2025
by Joelgalvan

Mumbai: Renewed overseas interest in Indian equities since April 15 helped the Indian rupee erase all the losses for 2025…

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Rupee falls amid rising tensions with Pakistan after Kashmir attack
Posted in Business

Rupee falls amid rising tensions with Pakistan after Kashmir attack

Estimated read time 2 min read
Posted on April 25, 2025
by Joelgalvan

The Indian rupee ended weaker in a volatile session on Friday as investors stayed cautious amid fears of an escalation…

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Rupee: Rupee recovery gives importers a good hedging opportunity
Posted in Business

Rupee: Rupee recovery gives importers a good hedging opportunity

Estimated read time 3 min read
Posted on April 21, 2025
by Joelgalvan

Mumbai: The rebound in the rupee presents an opportunity for importers to hedge their foreign exchange exposure at cheaper levels,…

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Depreciating the Rupee can help counter any dumping by China going ahead: Saurabh Mukherjea
Posted in Business

Depreciating the Rupee can help counter any dumping by China going ahead: Saurabh Mukherjea

Estimated read time 14 min read
Posted on April 14, 2025
by Joelgalvan

Saurabh Mukherjea, Founder, Marcellus Investment Managers, says Chinese manufacturing has artificially lowered cost of capital and cost of land and…

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Weak rupee takes its toll on cos with huge foreign debt
Posted in Business

Weak rupee takes its toll on cos with huge foreign debt

Estimated read time 3 min read
Posted on March 20, 2025
by Joelgalvan

The global economic crisis is beginning to weigh heavily on India Inc���s balance sheet, courtesy the depreciating rupee. While a…

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Rupee gains for sixth straight session, closes at 86.44 against dollar
Posted in Business

Rupee gains for sixth straight session, closes at 86.44 against dollar

Estimated read time 1 min read
Posted on March 20, 2025
by Joelgalvan

The rupee closed about 12 paise higher at 86.4425 against the dollar, gaining for the sixth day in a row,…

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Dollar Index: Dollar index touches a 4-month low, rupee gains
Posted in Business

Dollar Index: Dollar index touches a 4-month low, rupee gains

Estimated read time 2 min read
Posted on March 10, 2025
by Joelgalvan

Mumbai: The dollar index touched a four-and-a-half-month low at 103 levels on Friday, easing from around 110 in early January…

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