Menu
BW CFO World
Community for Finance Professionals, Consultants and allied businesses
  • Home
  • News
  • Videos
  • Articles
    • Credit & Capital
    • Economic Trends
    • Financial Compliance
    • Financial Leadership
    • Financial Management
    • Financial Reporting
    • Financial Strategy
    • Risk Management
    • Taxation
  • Featured
  • Nominate for Awards
Close Menu
October 10, 2022

Rupee Ends Flat At 83.32 Against US Dollar

Urvi Srivastava Financial Reporting dollar, Rupee

rupee

RBI likely sold dollars via state-run banks to arrest rupee’s slide, news agency Reuters reported. Strong US jobs report aggravated fears of aggressive rate hikes by the US Federal Reserve

The Indian rupee closed flat on Monday at 83.32 against the US dollar. The rupee recovered from its intraday low of 82.69 after possible RBI intervention in the forex market.

Bloomberg data showed that the rupee opened at a new record low of 82.67 and touched 82.69 intraday before recovering to settle almost flat. The rupee had closed at 82.33 in the previous session.

RBI likely sold dollars via state-run banks to arrest rupee’s slide, news agency Reuters reported. Strong US jobs report aggravated fears of aggressive rate hikes by the US Federal Reserve.

The dollar index also rose 0.23 per cent to 113.05.

The recovery was also led by slight softening in crude oil prices as investors booked profit on Monday.

Avatar

Urvi Shrivastav

→ Urvi Shrivastav

Sitharaman To Attend IMF-World Bank Annual Meetings Paytm ARR Witness 17% Surge To Nearly Rs 34,000 Cr In Sep

Related Posts

ss

Financial Reporting, Ratings

FTSE Russel Will Not Include India In Govt Bond Index

oo

Financial Reporting

India’s Entry Into GBI May Bring $10 Bn Of Flows: ICICI Bank

Sridhar Kalyanasundaram

Financial Reporting

‘Unethical Conduct’:  Independent  Director  Of  Dhanlaxmi  Bank  Quits  Board

Selected Stories

  • saugata guptaSaugata Gupta Appointed As ASCI Chairman

    Read more

  • RBIWeighted Average Lending Rate Of SCB Increases By 3-Bps In August: RBI

    Read more

  • CFO Template (1)VideoVerse Appoints Hemant Agarwal As CFO To Spearhead Financial Strategies

    Read more

  • ssFTSE Russel Will Not Include India In Govt Bond Index

    Read more

  • MCXMCX Sheds 6% After Sebi Finds Glitches In TCS Supported New Platform

    Read more

Movements

  • saugata guptaSaugata Gupta Appointed As ASCI Chairman
  • CFO Template (1)VideoVerse Appoints Hemant Agarwal As CFO To Spearhead Financial Strategies
  • Jio cinemaJioCinema Likely To Name Kiran Mani As Next CEO: Reports
  • jatin Dalal CognizantCognizant Appoints Jatin Dalal As New CFO
  • PatroHMD Appoints Tanuj Patro As New CFO

Categories

  • Accounting
  • CFO Stance
  • Credit & Capital
  • Economic Trends
  • Economy
  • Featured
  • Financial Compliance
  • Financial Leadership
  • Financial Management
  • Financial Reporting
  • Financial Strategy
  • Financial Technologies
  • Global News
  • Interview
  • Movements
  • Ratings
  • Risk Management
  • Taxation

Recent Comments

    Back To Top
    BW CFO World
    • Home
    • News
    • Videos
    • Articles
      • Credit & Capital
      • Economic Trends
      • Financial Compliance
      • Financial Leadership
      • Financial Management
      • Financial Reporting
      • Financial Strategy
      • Risk Management
      • Taxation
    • Featured
    • Nominate for Awards
    © Copyright BW BUSINESSWORLD 2018. All Rights Reserved.