Wed, Dec 06, 2023
That stability was mostly due to the RBI's regular interventions to reduce the currency's volatility.
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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.
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.
Thu, Sep 22, 2022
Rupee hits record low against dollar. The price of the dollar has crossed ₹80.85. In this year, the rupee fell by 7.5% and the dollar index jumped 17%.
The Indian rupee plunged to its all-time low against the US dollar and traded at a record low of 80.67. FED has indicated to increase rates even further. Know full details from Neha Anand.
On Wednesday, the rupee declined 22 paise to close at 79.96 against the dollar.
Wed, Sep 21, 2022
Most of the analysts estimated that the domestic currency may move beyond the 80-mark post the US Fed decision, which is scheduled on September 21, 2022.
Tue, Sep 20, 2022
RBI has recently allowed international trade in rupees. For this, changes have been made in the foreign trade policy. Under this, Billing, Payment and Export-Import settlement will be done in rupees. India is trading in local currency with Bangladesh. There is also a consideration to transact with Saudi Arabia in rupees. The Government of India has proposed to transact in rupees in front of Saudi Arabia. Both countries are emphasizing on increasing bilateral cooperation. The demand for De-Dollarization has also increased in global trade. Russia-China wants to reduce the dominance of the dollar. Watch this special report on India 360.
At the interbank foreign exchange, the domestic unit opened at 79.70 against the dollar, then touched 79.65, registering a gain of 16 paise over its previous close.
Sat, Sep 17, 2022
In July, the Reserve Bank of India (RBI) had asked banks to put in place additional arrangements for export and import transactions in Indian rupees in view of increasing interest of the global trading community in the domestic currency.
Fri, Sep 16, 2022
At the interbank foreign exchange market, the domestic currency opened at 79.80 per dollar. It hovered in a range of 79.71 to 79.85 during the session.
Wed, Sep 14, 2022
At the interbank foreign exchange market, the rupee opened at 79.58 against the greenback, then fell to 79.60, registering a decline of 43 paise over its last close. In initial deals, the local unit also touched 79.54 against the dollar.
Tue, Sep 13, 2022
Top stories featured on zeebiz.com - from SEBI's view on IPO pricing to Chief Economic Advisor's comment on Rupee, find top picks this evening.
Thu, Sep 08, 2022
Rupee hits 1-week high. US Dollar index slips from a 20-year high. Dollar price reached near ₹79.70. Rupee recovers against Dollar. Know full details from Neha Anand.
Wed, Aug 31, 2022
The rupee, which touched its all-time low of 80.15 against the US dollar in intra-day trade on Monday, rebouned by 39 paise on Tuesday to close at a nearly two-week high of 79.52 against the greenback.
Rules Change From September 1: Here's a list of 7 big changes that will come into effect from September 1.
Mon, Aug 29, 2022
The US dollar surged to a 20-year high against a basket of currencies on Monday (Aug 29) after Federal Reserve chair Jerome Powell signalled interest rates would be kept higher for longer to bring down soaring inflation. Will the rupee weaken more? How far will the rupee go? Know full details from Mrituenjay Kumar Jha.
How will the rupee move ahead? Dollar index jumped strongly against Indian Rupee, now what is the impact on the commodity market? Know full details from Neha Anand.
Tue, Aug 23, 2022
Moreover, worries about inflation could also keep the local unit under pressure. However, the presence of the Reserve Bank of India (RBI) could cap losses in the domestic unit.
Mon, Aug 22, 2022
Dollar price expected to cross ₹80. Global currency collapses in front of dollar. Will Rupee slide further? Know full details from Neha Anand.
Tue, Aug 02, 2022
Great recovery in Rupee. Rupee recovers against Dollar. The recovery of about 1.5% from the record low, the weakness in the dollar supported the rupee. Know the full news from Neha Anand.
Fri, Jul 29, 2022
Rupee strengthens against dollar. The price of one dollar reached below 79.40. Rupee touches 3-week high. What is the reason for recovery in rupee? Will the rupee strengthen further? Watch Commodity Superfast to know the expert's opinion.
Mon, Jul 25, 2022
The benchmark 10-year bond yield was at 7.37% by 0527 GMT, compared with its close of 7.41% on Friday.
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