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Indian Rupee

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.

Understanding the Rupee's Woes: What’s Causing the Downturn?

Understanding the Rupee's Woes: What’s Causing the Downturn?

Thu, Aug 22, 2024

Why is the rupee not able to recover? No support even from fall in dollar index. What is the reason for the fall in rupee?

Currency market update: Rupee settles 4 paise lower at 83.96 against US dollar

Currency market update: Rupee settles 4 paise lower at 83.96 against US dollar

Wed, Aug 07, 2024

On Wednesday, the Indian rupee closed lower by 4 paise at 83.96 against the US dollar, impacted by a stronger greenback and Middle East tensions. Despite this, domestic market strength and rising crude oil prices provided some support. The rupee traded within a narrow range, while global equities and anticipated RBI policy decisions could influence future movements. The dollar index rose, and Brent crude saw a 1.22% increase

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Rupee at record low, what caused the fall in rupee?

Rupee at record low, what caused the fall in rupee?

Mon, Jul 29, 2024

Rupee at record low. What caused the fall in rupee? Rupee weakens against the dollar. Know the complete news from Neha Anand.

Rupee rises to 83.49 against US dollar in early trade

Rupee rises to 83.49 against US dollar in early trade

Thu, Jul 11, 2024

Rupee strengthens by 2 paise to 83.49 against US dollar amid positive equities but faces pressure from elevated crude oil prices; outlook remains optimistic.

Rupee slips to end at 83.52 vs dollar

Rupee slips to end at 83.52 vs dollar

Wed, Jul 10, 2024

The rupee experienced a marginal depreciation of 3 paise against the US dollar, closing at 83.502 on Wednesday. Earlier in the trading session, the rupee opened slightly weaker at 83.50, marking a loss of 1 paise compared to its previous close at 83.49 on Tuesday.

Rupee slips to end at 83.52 vs dollar on Wednesday

Rupee slips to end at 83.52 vs dollar on Wednesday

Wed, Jul 10, 2024

The rupee experienced a marginal depreciation of 3 paise against the US dollar, closing at 83.52 on Wednesday. Earlier in the trading session, the rupee opened slightly weaker at 83.50, marking a loss of 3 paise compared to its previous close at 83.49 on Tuesday.

Currency Market News: Rupee opens on a flat note at 83.50 vs dollar

Currency Market News: Rupee opens on a flat note at 83.50 vs dollar

Wed, Jul 10, 2024

The Indian rupee edged lower to 83.50 against the US dollar due to elevated crude oil costs, impacting forex markets.

Rupee inches higher to 83.44 vs dollar

Rupee inches higher to 83.44 vs dollar

Mon, Jul 08, 2024

The rupee strengthened by 5 paise to 83.44 against the US dollar in early Monday trade amidst a backdrop of decreased American currency and crude oil prices, boosted by foreign fund inflows and positive economic indicators.

Rupee vs Dollar: Domestic currency rises 11 paise to close at 83.34 against American dollar

Rupee vs Dollar: Domestic currency rises 11 paise to close at 83.34 against American dollar

Fri, Jun 28, 2024

At the interbank foreign exchange market, the local unit opened at 83.42 and hit the intraday high of 83.34 and a low of 83.49 against the greenback during the session.

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 trade

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.

Rupee rises 11 paise to close at 83.46 against US dollar

Rupee rises 11 paise to close at 83.46 against US dollar

Mon, Jun 24, 2024

At the interbank foreign exchange market, the local unit opened at 83.52 and hit the intraday high of 83.44 against the greenback during the session.

Currency Market Update: Rupee ends at 83.54 vs dollar

Currency Market Update: Rupee ends at 83.54 vs dollar

Thu, Jun 13, 2024

Currency Market Update: On Wednesday, the domestic currency had settled at 83.55 against the greenback.

Rupee falls 5 paise to 83.49 against US dollar

Rupee falls 5 paise to 83.49 against US dollar

Thu, Jun 06, 2024

Forex traders said a weak American currency and firm trend in the equity markets supported the local currency even as investors remained concerned ahead of the RBI's monetary policy decision to be announced on Friday.

RBI's heavy hand to keep rupee in tight range for some time

RBI's heavy hand to keep rupee in tight range for some time

Wed, Dec 06, 2023

That stability was mostly due to the RBI's regular interventions to reduce the currency's volatility.

Inflows and oil prices to boost rupee, countering dollar's recovery

Inflows and oil prices to boost rupee, countering dollar's recovery

Thu, Nov 23, 2023

Non-deliverable forwards indicate the rupee will open at around 83.28-83.32 to the U.S. dollar compared with 83.32 in the previous session.

Rupee falls 4 paise to 83.32 against US dollar in early trade

Rupee falls 4 paise to 83.32 against US dollar in early trade

Mon, Nov 13, 2023

"We expect the RBI to intervene to bring it within the 83.20-83.30 range. We otherwise expect a range-bound session with volumes being low on account of the festive season," India Forex And Asset Management Pvt Ltd (IFA Global) said in a research note.

Indian rupee drops to record low, tracking Asian peers

Indian rupee drops to record low, tracking Asian peers

Fri, Nov 10, 2023

Rupee hits record low of Rs.83.42/$. Why was there a sudden decline in the rupee?

Rupee to trade in tight range as RBI keeps intervening

Rupee to trade in tight range as RBI keeps intervening

Thu, Oct 05, 2023

The RBI's foreign exchange reserves (INFXR=ECI) fell to a four-month low of $590.7 billion as of Sept. 22, according to the central bank.

Rupee faces risk from rising oil prices

Rupee faces risk from rising oil prices

Tue, Sep 19, 2023

Going ahead much will depend on oil prices in global markets which are now hovering around the $95 per barrel mark.

What Is E-Rupee and How is it Different From UPI? | Explained

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.

Rupee to recover on pullback in US yields after jobs data

Rupee to recover on pullback in US yields after jobs data

Mon, Aug 07, 2023

The 2-year U.S. yield declined while the already low odds of Federal Reserve rate hike in September dropped further.

Rupee Vs Dollar: Rupee falls 38 paise to close at 82.60 against US dollar

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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