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Coronavirus Outbreak: RBI announces reduced trading timings for government bond, forex markets from 7 April
Fp Staff •The coronavirus outbreak has led to the central bank of India, the RBI to change market timings for the government bond, forex markets, while maintaining the duration of other key banking-related activities
Rupee slips 48 paise to 76.08 against dollar in early trade; weak opening in domestic equities drags local unit
•The rupee opened weak at 75.97 at the interbank forex market and then fell further to 76.08, down 48 paise over its last close.
Rupee plunges 45 paise to 74.20 against dollar in early trade amid weak opening in domestic equities, foreign fund outflows
•The rupee opened weak at 74.10 at the interbank forex market and then fell further to 74.20, down 45 paise over its last close.
Rupee rout deepens, slips 16 paise to 74.44 against dollar on global equity market selloff; RBI move restricts local unit's fall
•A day earlier, the rupee had tumbled by 60 paise to close at a new 17-month low of 74.28 amid coronavirus pandemic fanning global economic recession fears.