Indian Rupee
What Is E-Rupee and How is it Different From UPI? | Explained
Fri, Sep 15, 2023
India's central bank digital currency (CBDC), e₹, is still in the pilot phase, but it has the potential to revolutionise the way we pay for goods and services. In this video, we explain what e₹ is, how it works, and who can use it. We also discuss the key differences between e₹ and UPI, and how e₹ can be used to make payments.
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Rupee Vs Dollar: Rupee falls 38 paise to close at 82.60 against US dollar
Wed, Aug 02, 2023
Rupee Vs Dollar: The rupee fell 38 paise to settle at 82.60 (provisional) against the US dollar on Wednesday on weak domestic equities and elevated crude prices in international markets. Rupee is trading in a negative note on risk aversion in global markets and weak Asian currencies
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Rupee to weaken after dollar jumps on upbeat US data, dovish ECB
Fri, Jul 28, 2023
The Indian rupee is poised to decline on Friday after a better-than-expected reading on U.S. gross domestic product and a slump in the euro prompted the biggest rally on the dollar index in more than four months.
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Rupee gains 12 paise to 81.96 against US dollar in early trade
Fri, Jul 14, 2023
The rupee appreciated 12 paise to 81.96 against the US dollar in early trade on Friday, as a strong opening in domestic equity markets and a weaker greenback against major rivals overseas strengthened investor sentiments.
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Rupee falls 18 paise to close at 82.85 against US dollar
Mon, May 22, 2023
The rupee fell 18 paise to close at 82.85 (provisional) against the US dollar on Monday, weighed down by a strong greenback in the overseas market. However, a firm trend in domestic equities and sliding crude prices in international markets restricted the rupee's loss, forex traders said.
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Rupee appreciates 9 paise to 82.16 against US dollar in early trade
Thu, Apr 20, 2023
The dollar index — which gauges the dollar against six currencies other than the rupee — fell 0.03 per cent to 101.93. The index compares the dollar to the yen, the pound, the Canadian dollar, the Swedish krona, the Swiss franc and the euro
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US dollar index dips as producer prices cool, boosting hopes of rate hike cycle end
Fri, Apr 14, 2023
The dollar fell 0.32 per cent against the yen to 132.77. The Aussie dollar, which is sensitive to risk appetite, reached $0.67965, up around 1.4 per cent on the day and the highest since February 24.
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Dollar Index gains on US Fed interest rate hike bets amid solid jobs data
Tue, Apr 11, 2023
The US dollar closed firm on Monday after Friday's solid jobs report boosted expectations for a US interest rate hike in May, while the Rupee weakened amid expectations of Fed rate hike and firm crude oil prices weighed on the local unit.
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Rupee may appreciate towards 79 vs dollar by March 2024: UBS Securities
Tue, Apr 04, 2023
The ongoing global crisis has led to major repricing in global rates volatility and commodities, especially oil. The agency estimates crude price to average at USD 80/barrel in FY24 down from USD 95 a barrel in FY23.
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Rupee dollar forex rate today April 3 2023 INR vs USD currency exchange rate
Mon, Apr 03, 2023
All eyes are on the outcome of a bi-monthly review by the RBI due on Thursday, wherein the central bank's all-powerful Monetary Policy Committee is widely expected to announce a hike in the benchmark interest rates.
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JP Morgan sees US slipping into recession in second half of 2023
Wed, Mar 08, 2023
According to a report by JP Morgan, the US market is not pricing the recession and their base case predicts that there may be a hard landing in the US market. The intraday market might fall to 5 per cent, therefore, it suggested clients to stay away from market and be underweight.
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