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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 vs dollar today: INR slips 36 paise to all-time low of 76.80 against US dollar

Rupee vs dollar today: INR slips 36 paise to all-time low of 76.80 against US dollar

Thu, Apr 16, 2020

Forex traders said the weakness in the rupee was largely due to strengthening of the US Dollar against the basket of currencies as investors fled to safe haven Greenback amid weakening risk appetite in the markets.

Rupee today: INR rises 25 paise to 76.02 against US dollar in early trade

Rupee today: INR rises 25 paise to 76.02 against US dollar in early trade

Wed, Apr 15, 2020

The number of positive cases around the world linked to the new coronavirus has touched nearly 20 lakh. In India, over 11,000 coronavirus cases have been reported so far.

Rupee vs dollar today: INR surges 49 paise to 75.64 against the US dollar; Gold hits new record

Rupee vs dollar today: INR surges 49 paise to 75.64 against the US dollar; Gold hits new record

Tue, Apr 07, 2020

Today the Indian indices responded positively logging around 9% rise in the intraday trade session. BSE Sensex surged 2,476 points and closed at 30,067 levels while the NSE Nifty shot up 708 points and ended at 8,792 levels.

Rupee slips 48 paise to 76.08 against US dollar in early trade amid coronavirus scare

Rupee slips 48 paise to 76.08 against US dollar in early trade amid coronavirus scare

Fri, Apr 03, 2020

According to Reliance Securities "rising coronavirus cases in India and globally could also weigh on sentiments as investors could continue to buy the safe haven Dollars".

Rupee against dollar: Indian currency rises 8 paise to 75.51 in early trade

Rupee against dollar: Indian currency rises 8 paise to 75.51 in early trade

Tue, Mar 31, 2020

At the interbank foreign exchange the rupee opened at 75.52, then gained ground and touched 75.51, registering a rise of 8 paise over its previous close. On Monday, rupee had settled at 75.59 against the US dollar.

How low can rupee vs dollar? INR may hit 80-mark if Coronavirus lockdown persists, says Acuite

How low can rupee vs dollar? INR may hit 80-mark if Coronavirus lockdown persists, says Acuite

Mon, Mar 30, 2020

Rupee vs dollar: Indian rupee could see sharper depreciation to over Rs 80 to a dollar if the Covid-19 related disruptions are prolonged and country is to go in for complete lockdown till June end, Acuite Ratings and Research has said in its latest impact analysis report

Rupee vs dollar in times of coronavirus: INR slips 32 paise to 75.21 amid scare

Rupee vs dollar in times of coronavirus: INR slips 32 paise to 75.21 amid scare

Mon, Mar 30, 2020

The rupee opened weak at 75.17 at the interbank forex market and then fell further to 75.21, down 32 paise over its last close. The rupee had settled at 74.89 against the US dollar on Friday.

Money tips: Save your income tax online in times of coronavirus crisis - PPF, Tax Saving FD to National Pension System

Money tips: Save your income tax online in times of coronavirus crisis - PPF, Tax Saving FD to National Pension System

Fri, Mar 27, 2020

Money tips: If you are yet to file tax returns for FY19, you need not to worry as the last date for doing so has been extended by three months. It does not make any difference, if you have already done it.

Rupee in times of coronavirus mahamari: INR rises 56 paise against US dollar to 74.60 in early trade

Rupee in times of coronavirus mahamari: INR rises 56 paise against US dollar to 74.60 in early trade

Fri, Mar 27, 2020

The assurance of domestic stimulus by the government boosted investor sentiment. However, there are concerns over the impact of coronavirus outbreak on the domestic as well as global economy.

Rupee rises 18 paise to 76.02 against US dollar in early trade

Rupee rises 18 paise to 76.02 against US dollar in early trade

Tue, Mar 24, 2020

Traders said investor sentiments improved after the Reserve Bank as part of its effort to boost liquidity on Monday said it will conduct Rs 1 lakh crore of short-term variable repo auction.

Rupee weakens to record low; breaches 76 mark

Rupee weakens to record low; breaches 76 mark

Mon, Mar 23, 2020

According to Sajal Gupta, Head Forex and Rates, Edelweiss Securities: "Markets are expecting some strong policy measures as has been done globally to improve sentiments and provide support to markets."

Rupee vs dollar: INR tanks 95 paise, falls below 76 level against US dollar

Rupee vs dollar: INR tanks 95 paise, falls below 76 level against US dollar

Mon, Mar 23, 2020

The rupee which opened on a weak note at 75.90 at the interbank forex market, lost further ground and touched a low of 76.15 against the US dollar, registering a decline of over 95 paise over its last close.

Indian rupee plunges 70 paise to 74.96 against US dollar in early trade

Indian rupee plunges 70 paise to 74.96 against US dollar in early trade

Thu, Mar 19, 2020

Traders said there is a sense of anxiety among investors as they see the global as well as domestic economy plunging into a deep crisis due to coronavirus (Covid-19) pandemic that has killed nearly 9,000 and sickened lakhs of people around the globe.

Rupee rises 25 paise to 74 against US dollar in early trade

Rupee rises 25 paise to 74 against US dollar in early trade

Tue, Mar 17, 2020

At the interbank foreign exchange the rupee opened at 74.16, then gained further ground and touched a high of 74.00 against the US dollar, registering a rise of 25 paise over its previous close. On Monday, rupee had settled at 74.25 against the greenback.

Rupee slides 65 paise against USD to 73.99 on growth concerns

Rupee slides 65 paise against USD to 73.99 on growth concerns

Fri, Mar 06, 2020

Investor sentiment took a hit due to deep losses in global equities on coronavirus fears. RBI's decision to place Yes Bank under a moratorium and took over its board also weighed on market mood.

Rupee rises 5 paise to 71.60 against US dollar in early trade

Rupee rises 5 paise to 71.60 against US dollar in early trade

Thu, Feb 27, 2020

Forex traders said easing crude oil prices and weakening of the American currency vis-a-vis other currencies overseas supported the rupee, while weak opening in domestic equities and sustained foreign fund outflows weighed on the local unit.

Rupee rises 11 paise to 71.74 against US dollar in early trade

Rupee rises 11 paise to 71.74 against US dollar in early trade

Wed, Feb 26, 2020

The death toll in China's novel coronavirus epidemic on Wednesday climbed to 2,715 with 52 new fatalities while the confirmed cases rose to 78,064. Domestic bourses opened on a muted note on Wednesday with benchmark indices Sensex trading 275.11 points lower at 40,006.09 and Nifty down 85.30 points at 11,712.60.

Rupee vs Dollar: Indian currency rises 8 paise to 71.32 in early trade

Rupee vs Dollar: Indian currency rises 8 paise to 71.32 in early trade

Mon, Feb 10, 2020

Domestic bourses opened on a negative note on Monday with benchmark indices Sensex trading 226.26 points down at 40,915.59 and Nifty down 71.85 points at 12,026.50. Foreign institutional investors (FIIs) remained net buyers in the capital market, as they purchased shares worth Rs 161.93 crore on Friday, according to provisional exchange data.

35 bps RBI repo rate cut: Indian rupee to hit 69 or 72-mark? Here's where INR is headed

35 bps RBI repo rate cut: Indian rupee to hit 69 or 72-mark? Here's where INR is headed

Wed, Aug 07, 2019

RBI’s repo rate cut was a major step for the Indian rupee, which is already facing headwinds due to geopolitical tensions, currency war and trade war among other factors.

Big blow! This is what will move your rupee going forward

Big blow! This is what will move your rupee going forward

Tue, Aug 06, 2019

INR vs USD: Indian Rupee is expected to go down against the US dollar (USD) as the US-China trade war is expected to get worse.

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