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Currency Market News: Rupee slips 4 paise to 85.19 vs US dollar

Currency Market News: Rupee slips 4 paise to 85.19 vs US dollar

Tue, Apr 22, 2025

At the interbank foreign exchange market, the rupee opened at 85.11 and later declined to 85.19 against the US dollar, marking a 4 paise drop from its previous close.

Dollar Index Weakness When Will the Rupee Recover, FIIs Return Anil Singhvi Analysis

Dollar Index Weakness When Will the Rupee Recover, FIIs Return An...

Wed, Mar 12, 2025

Weakness of Dollar Index, when will Rupee recover, will FIIs return with Rupee recovery, how positive is Ukraine's ceasefire proposal, weakness in crude oil is good for the market, what are FIIs waiting for to buy? Know from Anil Singhvi.

Compounding rules altered for offences under Foreign Exchange Management law

Compounding rules altered for offences under Foreign Exchange Man...

Fri, Sep 13, 2024

As per the Foreign Exchange (Compounding Proceedings) Rules, 2024, the fees for filing compounding application has been doubled to Rs 10,000 plus GST, from Rs 5,000 earlier.

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Rupee rises by 7 paise to 83.82 against US dollar in early trade

Rupee rises by 7 paise to 83.82 against US dollar in early trade

Fri, Aug 30, 2024

Rupee appreciated 7 paise to 83.82 against the US dollar in morning trade on Friday, supported by significant foreign fund inflows and a positive trend in domestic equities.Forex traders said a rise in global risk sentiments supported the rupee, while recovery in the US dollar and month-end dollar demand from importers and oil marketing companies (OMCs) weighed on investor sentiments.At the interbank foreign exchange market, the local unit opened at 83.83, then gained ground to touch 83.82, registering a rise of 7 paise from its previous close.

Rupee strengthens marginally to 83.45 vs dollar amid foreign fund inflows

Rupee strengthens marginally to 83.45 vs dollar amid foreign fund...

Fri, Jul 05, 2024

The rupee edged up by 5 paise to 83.45 against the US dollar in early trading, benefiting from increased foreign investments. The rise came as the dollar retreated and despite concerns over higher crude oil prices impacting investor sentiment.

Rupee declines by 6 paise to close at 83.50 against US dollar

Rupee declines by 6 paise to close at 83.50 against US dollar

Tue, Jul 02, 2024

The rupee depreciated by 6 paise to 83.50 against the US dollar, influenced by a strong greenback, elevated crude prices, and foreign fund outflows.

Rupee falls 12 paise to 83.56 against US dollar in early trade

Rupee falls 12 paise to 83.56 against US dollar in early trade

Tue, Jul 02, 2024

The Indian rupee fell by 12 paise to 83.56 against the US dollar in early trade on Tuesday, influenced by strong US currency and rising crude oil prices.

Rupee appreciates by 8 Paise to 83.49 against Dollar in early trade

Rupee appreciates by 8 Paise to 83.49 against Dollar in early tra...

Thu, Jun 27, 2024

The indian Rupee appreciates by 8 paise to 83.49 against the US dollar in early trade, driven by retreating crude oil prices and stable economic fundamentals.

Consultants urge govt to allow local deals involving foreign currencies via RBI

Consultants urge govt to allow local deals involving foreign curr...

Mon, Apr 01, 2024

Citing an example, Kapila said payment in USD from Delhi to even nearby Faridabad from one entity to the other in the current dispensation is required to be undertaken through the US banking system.

India 360: India's Forex Market To Witness Fresh Challenges Going Ahead, Says RBI Deputy Governor

India 360: India's Forex Market To Witness Fresh Challenges...

Sat, Mar 11, 2023

The Reserve Bank of India has often been informed of banks levying high charges on the MSME and retail segments for foreign exchange transactions and it is worrisome that there is no transparency in pricing for smaller customers. Watch this special report on India 360.

How To Exchange Soiled or Damaged Notes, Know RBI Rules

How To Exchange Soiled or Damaged Notes, Know RBI Rules

Mon, Feb 21, 2022

We often get stressed if someone gives us soiled or torn notes but did you know that you can get it exchanged quite easily. According to RBI Note Exchange Policy, you can get your notes exchanged at any bank or RBI issue office. Here are the rules that you need to keep in mind before you do that.

Are you planning to travel abroad or send money overseas? Here are top 5 currency exchange tips

Are you planning to travel abroad or send money overseas? Here ar...

Mon, Oct 15, 2018

Currency exchange is an important tool when you are planning to travel abroad, or have requirement of sending money transfer to family overseas or have decided to make international business payments.

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