US DOLLAR EXCHANGE RATE
India’s forex reserves up by $1.98 bn to $688.13 bn as of April 25
India's foreign exchange reserves rose for the eighth straight week, reaching $688.13 billion as of April 25, according to data released by the Reserve Bank of India (RBI) on Friday. The reserves grew by $1.98 billion during the week.
Rupee pares initial gains, settles 1 paisa higher at 84.53 against US dollar
The rupee on Friday hit a seven-month high and rose past the 84 per dollar level on sustained foreign fund inflows and stronger domestic data, but pared the gains and settled for the day higher by just 1 paisa at 84.53 against the greenback.
Japan says its $1 trillion in US Treasuries is among tools for trade talks
Japanese Finance Minister Katsunobu Kato suggested Japan might use its massive U.S. Treasury holdings as leverage in trade negotiations with the United States, a shift from his previous stance. This comes as trade talks continue amidst market volatility and U.S. tariffs, with concerns about currency manipulation and the potential impact of Treasury yield moves on Japan's economy. The U.S.
India-US yield spread sees historic shift. How it may impact rupee and interest rates
A rare financial event occurred on April 11th as the U.S. and India 10-year government bond yield spread dipped below 2% for the first time. This compression, driven by factors like U.S. fiscal deficits and tariff war fears, grants the Reserve Bank of India greater independence in monetary policy.
Dollar takes a breather; yen waits on BOJ
The dollar stabilized despite weak U.S. data, buoyed by hopes of easing trade tensions, particularly with China. Investors are closely watching upcoming U.S. jobs data and the Bank of Japan's meeting, as these events could influence currency valuations. The Australian dollar saw a slight increase due to inflation data, while the New Zealand dollar remained stable.
Gold retreats on firm dollar, US payrolls data on tap
Gold prices experienced a slight dip due to a stronger dollar, as investors are keenly awaiting further developments in U.S. trade policies and the upcoming U.S. non-farm payrolls report. The market anticipates the jobs report for insights into the Federal Reserve's monetary policy direction, amidst ongoing trade negotiations and recent economic contractions.
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Overseas investors pull Rs 13,359 crore from Indian bonds amid US yield surge and geopolitical tensions
Reversing four months of inflows, April saw a net ?13,359 crore of outflow from the index-eligible fully accessible route (FAR) government securities, the highest monthly exit since India's inclusion in the JP Morgan EM index in July 2024, CCIL data showed. Passive investments often closely track the weightings on global gauges.
Softer dollar, inflows and exporter hedging help rupee brave turbulent month
The Indian rupee braved multiple headwinds in April including U.S. trade policy flip-flops and India-Pakistan tensions to come out stronger on the back of inflows into equities and as exporters ramped up dollar sales.
880 tonnes and counting: Why RBI keeps buying gold despite India having the world's 7th-largest reserves
Amid global economic uncertainties, central banks are increasing gold reserves for stability. The Reserve Bank of India significantly boosted its gold holdings, purchasing 57.5 tonnes in FY24-25 and repatriating 214 tonnes since 2022. This strategic move aims to hedge against dollar volatility and strengthen India's foreign exchange base, supporting the rupee's global role.
Sharp swings in rupee due to rising border tensions
The Indian rupee experienced significant volatility, fluctuating between 84.95/$1 and 85.38/$1, ultimately closing at 85.26/$1. Geopolitical tensions between India and Pakistan, coupled with importer dollar demand near 85 levels and likely RBI intervention, influenced the rupee's movement. Regional currencies strengthened amid hopes of easing global trade tensions, while the rupee's one-month implied volatility surged to its highest since March 2023.
Rupee falls 19 paise to 85.15 against US dollar in early trade
The rupee depreciated 19 paise to 85.15 against the US dollar in early trade on Wednesday, driven by renewed geopolitical tensions and increased demand for the US dollar, which together exerted pressure on the local unit.
Dollar steady but vulnerable as tariff worries take hold
The White House has retreated several times on the sweeping tariffs Trump unveiled in early April that led to a global stock market meltdown and prompted investors to flee the normally safe-haven U.S. dollar and Treasury debt.
Gold’s comeback: Why the world is turning to the yellow metal in 2025
Gold has surged ~25% in 2025 as investors across North America, Europe, and Asia shift away from US assets amid geopolitical and economic uncertainty. With supportive fundamentals like central bank buying, dollar distrust, and Fed policy ambiguity, experts recommend buying the dip this Akshaya Tritiya via ETFs or gold funds.
View: US exit from IMF would be true dollar shock
The U.S. dollar faces a tough start in 2025. Trump administration's policies are causing unease. A potential U.S. exit from the International Monetary Fund could weaken the dollar. This move may unravel overseas dollar reserves. Experts warn of significant consequences for the dollar's global role. The future of America's financial status is uncertain.
Dollar limps along on U.S.-China trade standoff
The dollar struggled to recover losses amid conflicting signals on Sino-U.S. trade talks, with the U.S. placing the onus on China. Investors, rattled by the uncertainty, sought refuge in the yen and Swiss franc. Despite softened stances from both sides, a near-term deal seems unlikely.
Dollar sellers pause with eye on US jobs
The dollar began the week steadily as investors await key U.S. economic data, including jobs figures and GDP, to assess the impact of trade tensions. Despite a recent bounce, the dollar is on track for its largest monthly fall in years, fueled by concerns over U.S. trade policy.
Is this bucking a trend?
The article examines the ongoing decline of the US dollar and its potential implications for India, considering whether this decline is a deliberate strategy aligned with the Trump administration's economic goals.
The Ripple Effect of US tariffs: Economic growth, inflation, and global trade dynamics
US tariffs risk slowing growth, clouding inflation outlook, and weakening the dollar. Treasury yields rise amid capital flight. Global fiscal stimulus builds, boosting gold. Multinational and domestic consumption-focused companies could outperform as uncertainty and stagflation risks rise.
What is keeping gold prices near lifetime highs?
Gold prices are near lifetime highs. Global investors are retreating from US assets, causing the dollar to fall. President Trump pressured the Federal Reserve for rate cuts. Trade tensions and geopolitical uncertainties increased demand for gold. Tariffs imposed by the US and retaliatory tariffs by China raised global recession worries.
Forex reserves hit six-month high of $686 billion
India's foreign exchange reserves have surged for the seventh consecutive week, reaching $686 billion as of April 18, marking a six-month high. The increase of $8.3 billion during the week was driven by appreciation in non-dollar assets, rising gold prices, and increased foreign investor inflows into the equity market.
India's forex reserves touch six-month high at $686 billion as on April 18
India's foreign exchange reserves increased for seven consecutive weeks. Reserves reached $686 billion on April 18, the highest in six months. The Reserve Bank of India reported an $8.3 billion rise in the week ending April 18. The forex kitty saw an addition of nearly $21 billion in April.
Rupee closes at 85.45/$1, 19 paisa weaker amid border tensions
The Indian rupee closed 19 paise weaker on Friday at 85.45 per dollar as investors stayed cautious of the escalating border tensions between India and Pakistan, traders said.
SS Innovations International listed on US exchange Nasdaq
SS Innovations International, an Indian surgical robotics company, listed on the Nasdaq under the ticker 'SSII' on April 25. The company experienced substantial revenue growth, reaching $20.6 million in 2024, a 3.5-fold increase from the previous year.
Dollar drifts higher at end of volatile week of Trump backflips
The dollar experienced a volatile week, initially dropping due to President Trump's criticism of the Federal Reserve, then surging on hopes of trade de-escalation with China. However, uncertainty persists as Beijing denies ongoing trade talks. The dollar rose against the yen and Swiss franc, while the euro and sterling weakened.
India's forex, interest rate traders turn cautious after Kashmir attack
Following a deadly militant attack in Kashmir, India's financial markets are experiencing unease. The rupee weakened, bond yields climbed to 6.36%, and interest rate swaps hardened as traders grew cautious. New Delhi's response, including suspending a river treaty and closing a land crossing with Pakistan, fuels uncertainty.
Rupee falls 15 paise to 85.34 against US dollar in early trade
The Indian rupee weakened to 85.34 against the US dollar on Wednesday, a 15 paise drop, as the dollar rebounded following President Trump's conciliatory remarks towards the Federal Reserve and China. This shift boosted US indices and lowered bond yields. Positive domestic equity market trends saw the Sensex and Nifty rise, supported by foreign institutional investors' buying activity.
Rupee falls 4 paise to 85.19 against US dollar in early trade
The rupee depreciated slightly to 85.19 against the US dollar due to dollar short-covering, despite positive domestic equities. Concerns over economic headwinds from tariffs and US monetary policy weighed on the currency. The US president's criticism of the Federal Reserve also fueled worries about the outlook for US assets.
Asian stocks drop after US selloff, dollar steady
An index of Asian shares retreated while equity futures for US stocks rose slightly, indicating shares may bounce back after the S&P 500 fell more than 2% Monday. A gauge of the greenback steadied in early trading, after weakening to a 15-month low. Gold jumped to another record on haven demand.
Gold feasts on dollar, soars 26% in 2025! Rs 1 lakh at kissing distance now
Gold prices have surged 26% in 2025, nearing Rs 1 lakh per 10 grams, driven by a weak dollar and rising geopolitical tensions, especially the US-China trade war. Investors are turning to gold as a safe haven amid global uncertainty, with international prices also hitting record highs near $3,400.
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