Perambalur district allocated Rs.2.85 crore subsidy for poultry development

Due to climate change and rising global temperatures, the glaciers had been gradually thinning. When the glacier finally gave way, it sent a colossal amount of debris tumbling into the fjord, displacing enough material to fill around 10,000 Olympic-sized pools.

Amaravati Poetic Prism 2016 makes its entry into Indian Book of Records as the largest poetic anthology comprising 527 poems.

At the interbank foreign exchange market, the local unit opened at 83.83 and then gained ground and touched 83.80, registering a rise of 10 paise from its previous close

Rupee gains following Fed Reserve rate cut and strong demand for domestic equities

The dollar index rose marginally by 0.05 per cent to 100.52

Analysts say market participants were awaiting cues from the personal consumption expenditure data to be released in US on Friday

The reserves perked up in the reporting week as foreign currency assets (FCA) and gold holdings were up by $2.057 billion and $726 million, respectively.

Dollar weakness overseas supports rupee

 In the week ending September 27, 2024, the reserves reached an all-time high of $704.885 billion.

The decline was primarily due to a decrease in foreign currency assets by $3.511 billion, now at $612.643 billion.

The rupee’s performance was also impacted by the volatile situation in the Middle East, which is expected to keep oil prices elevated and exert further pressure on the currency

Rupee buoyed by weak crude oil prices, RBI intervention

Meanwhile, the dollar index was down by 0.11 per cent to 103.53 points

The reserves shrunk by $10.746 billion during the reporting week to stand at $690.43 billion as on October 11, 2024

Investors remained cautious and stayed away from riskier assets due to geopolitical uncertainties, forex dealers said

At the interbank foreign exchange market, the domestic unit opened at 84.07 against the greenback and traded in a narrow range throughout the session

Rupee found some cushion as the dollar retreated from its higher level while the domestic equity markets indicated a recovery, forex traders say

Analysts said the selling rush by foreign investors in pursuit of better gains from the Chinese market has been preventing the rupee's recovery

At the interbank foreign exchange, the local currency opened at 84.07 against the greenback, trading flat at previous day's closing level in initial deals

Forex traders say the selling rush by foreign investors sent the domestic equity markets into a tailspin, dragging the benchmark indices down

At the interbank foreign exchange, the rupee opened at 84.08 against the greenback, it traded in a tight range and ended the day at 84.07 (provisional), unchanged from its previous close

Meanwhile, the dollar index was trading at 104.31

Weak domestic markets and month-end dollar demand push rupee lower

Despite this increase, the currency is affected by strong dollar demand and outflows from foreign funds, contributing to investor hesitancy.

Rupee weighed down by foreign fund outflows, month-end dollar demand

Meanwhile, the dollar index was trading 0.62 per cent lower at 103.63

Meanwhile, the dollar index was trading 0.13 per cent lower at 103.73

Meanwhile, the dollar index was trading 1.34 per cent higher at 104.80