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, Jun 16, 2022
The US Federal Reserve on Wednesday raised its key interest rate by 75 basis points, the largest hike since 1994, to a range of 1.5-1.75 per cent. It also indicated more rate increases to cool down high inflation.
Tue, Jun 14, 2022
Regulator Irdai on Tuesday reduced the solvency margin requirement for general insurers providing crop insurance, a decision expected to unlock Rs 1,400 crore of funds for them to undertake more business.
Mon, Jun 13, 2022
Rupee sets new record of fall. The price of one dollar reached ₹ 78.28. Rupee fell around 5.25% this year. Why is rupee falling? Will the rupee weaken? Know full details from Neha Anand.
Thu, Jun 09, 2022
The country's current account deficit is likely to hit a three-year high of 1.8 per cent or USD 43.81 billion in FY22, as against a surplus of 0.9 per cent or USD 23.91 billion in FY21, a report said on Thursday.
Mon, Jun 06, 2022
The bank clarified that it is not contemplating any change in currency and banknotes by replacing the face of Mahatma Gandhi with the face of others.
Fri, Jun 03, 2022
The rupee pared initial gains and settled 3 paise lower at 77.63 (provisional) against the US dollar on Friday, in line with a muted trend in domestic equities.
Wed, Jun 01, 2022
The rupee recovered from its record low to close 21 paise higher at 77.50 against the American currency on Wednesday.
Fri, May 20, 2022
The rupee inched 3 paise higher to close at 77.53 (provisional) against US dollar on Friday, supported by a rebound in domestic equities.
Thu, May 19, 2022
The rupee extended its losses and slumped 10 paise to close at a record low of 77.72 (provisional) against the US dollar on Thursday.
Tue, May 17, 2022
The rupee on Tuesday hit its life-time intra day low of 77.79 before closing 11 paise higher against the US currency on a stellar rally in the domestic stock markets and a pullback in the dollar.
Thu, May 12, 2022
Indian shares dropped over 1% on Thursday and the rupee hit an all-time low, ahead of domestic retail inflation numbers and amid a broader decline in equity markets following U.S. consumer price data.
Wed, May 11, 2022
The rupee appreciated 17 paise to 77.17 against the US dollar in opening trade on Wednesday as the American currency retreated from its elevated levels.
Tue, May 10, 2022
The rupee on Tuesday rose 12 paise to 77.32 (provisional) against the US dollar, which supported a rebound in regional currencies and a fall in crude oil prices.
Mon, May 09, 2022
Forex traders said risk appetite has weakened amid mounting concerns about inflation that may trigger more aggressive rate hikes by global central banks
Mon, May 02, 2022
The rupee remained almost flat on Monday with early gains against the US dollar. This is because weak domestic equities offset the impact of a sharp fall in global crude oil prices, as per PTI reported.
Fri, Apr 29, 2022
The rupee on Friday closed 18 paise higher at 76.43 (provisional) against the dollar, owing to a weaker greenback overseas and fresh foreign fund inflows.
Thu, Apr 21, 2022
The rupee appreciated by 15 paise to close at 76.15 (provisional) against the US dollar on Thursday amid a weak greenback overseas and a rally in domestic equities.
Wed, Apr 20, 2022
The rupee appreciated 29 paise to settle at 76.21 against the US dollar on Wednesday, tracking positive domestic equities and some moderation in crude oil prices.
Tue, Apr 19, 2022
The rupee fell 22 paise to close at 76.51 (provisional) against the US dollar on Tuesday, tracking a strong American currency in the overseas market and significant foreign fund outflows.
Mon, Apr 11, 2022
The rupee pared initial gains to settle almost flat at 75.94 (provisional) against the US dollar on Monday as weak domestic equities negated the impact of easing crude oil prices.
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