Rupee gains slightly as very-near-tenor dollar-rupee swap rates surge

Quick Summary:

Rupee hits record low of 85.

The tomorrow-next dollar-rupee swap rate soared to 14 paisa while the overnight swap rate jumped to 3 paisa in early trading on Monday.

Foreign portfolio investors have sold over $10 billion of local stocks and bonds over this quarter on a net basis, according to stock depository data.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: BusinessFinance

Markets: India

Topics: Managing director Indian Rupee Bank Indian rupee Public Finance Activities FX Spot Rate Amit Pabari US Dollar THOMSON REUTERS CR Forex The reserve bank of india Janane Venkatraman Kalra Banks (NEC) Trader Jaspreet Kalra US Dollar/Indian Rupee FX Spot Rate Director at FX

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-30 @ 13:08:09 (6 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 387 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24734818

View Article Analysis

About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 121 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions