Rupee

Currency Market News: Rupee rises by 9 paise to 83.56 vs dollar

Fri, Sep 20, 2024

Analysts said the dollar index retreated after the US Federal Reserve reduced the benchmark interest rate by 0.50 per cent, prompting investors to look towards emerging market currencies.

More >

Rupee vs Dollar: Domestic currency rises 10 paise to settle at 83.66 against US dollar

Thu, Sep 19, 2024

Currency Market Update: The rupee strengthened by 10 paise to hit its two-month high level of 83.66 against the US dollar on Thursday after the US Federal Reserve cut the benchmark interest rate by 0.50 per cent, boosting investors' sentiment.

More >

Currency Market News: Rupee rises by 6 paise to 83.70 vs dollar

Thu, Sep 19, 2024

Currency Market News, Rupee vs Dollar: At the interbank foreign exchange market, the Indian currency opened at 83.70 and inched up to 83.69 before trading at 83.70 against the greenback, registering a gain of 6 paise from its previous closing level.

More >

This step can arrest rupee slide

Wed, Aug 15, 2018

As the rupee today hit an all-time low of 70.1 against the US dollar, economists expressed concerns and suggested  imposition  of "restrictions" to stem the slide.

More >

On eve of 72nd Independence Day, Rupee breaches 70 mark against dollar; should you worry?

Tue, Aug 14, 2018

The Indian rupee's fall continued for the second consecutive day as it touched a fresh all-time low of 70.9 against the US dollar. 

More >

How Turkey currency crisis has hit Indian rupee, Sensex, world stocks

Mon, Aug 13, 2018

Investors in India, as well as outside, were in for a jolt Monday as negative sentiment due to Turkey currency crisis hit the stocks and Indian rupee.

More >

This is what will keep Indian rupee range-bound

Mon, Jul 23, 2018

The rupee has depreciated by 6.9% since January 2018 and the main driver for the downslide is dollar strengthening against its peers since the beginning of the year. With the recent US CPI inflation data coming at 2.9% (YoY), the ongoing rise in inflation may build a case for further US rate hikes which can boost the US dollar.

More >

Indian Rupee hits lifetime low of 69.12 against dollar in opening trade

Fri, Jul 20, 2018

Rupee shed 7 paise to touch intraday low of 69.12, its all-time low level vs dollar. The rupee had touched its previous all-time intra-day low of 69.10 on June 28. 

More >

Rupee to fall by another 5-7 percent? See what this government adviser said

Wed, Jul 04, 2018

India`s rupee is currently over-valued by 5-7 percent, a senior government adviser said on Tuesday, indicating that New Delhi is unlikely to support intervening in the market despite the currency shedding close to 7 percent against the dollar this year.   

More >

Rupee slides 16 paise to 68.96 against US dollar

Tue, Jul 03, 2018

Forex dealers said apart from heavy demand for the US currency from importers, persistent outflows by foreign funds and the dollar's strength against some other currencies overseas, political uncertainty in Germany also weighed on the rupee.

More >

Rupee gains 13 paise against US dollar in early trade

Mon, Jul 02, 2018

The rupee strengthened by 13 paise to 68.33 against the dollar in early trade today on increased selling of the US currency by exporters and banks amid higher opening in the domestic equity market.

More >

Centre rules out 'knee-jerk' reaction to tackle rupee fall

Fri, Jun 29, 2018

The government today ruled out any "knee-jerk reaction" to tackle the fall in rupee and said appropriate measures would be taken after taking into consideration the global situation.  

More >

Indian rupee hits all-time closing low of 68.79 vs US dollar

Thu, Jun 28, 2018

The macroeconomic picture of India appears to be caught in a recurring instability against the backdrop of surging global crude prices and consistent widening in the trade deficit as well as increased pressure from capital outflows, all these leading to largely forex market turmoil.

More >

This is why Rupee plunged to all-time low of 69.10 today

Thu, Jun 28, 2018

Indian rupee plunged to lifetime low of 69.10 vs US$ today. Trade fiasco between US and China is causing yuan to spiral lower. Weaker yuan, in parity terms drags down rupee too.

More >

Rupee recovers from record lows after RBI intervention

Thu, Jun 28, 2018

The rupee recovered from record lows set on Thursday morning aided by dollar selling intervention by the Reserve Bank of India but weak  macro-economic  fundamentals and broad dollar strength are likely to keep up the downward pressure on it.

More >

After rupee crashes to all-time row, Moody's makes this powerful comment about India

Thu, Jun 28, 2018

However, India, China, Brazil, Mexico and Russia are among the "least vulnerable" to currency pressures, it said. "Large savings channelled through the financial sector allows these economies to largely fund themselves domestically, thereby lowering exposure to volatile portfolio flows," Moody's said.

More >

Rupee hits historic low of 69.10 vs US dollar

Thu, Jun 28, 2018

Indian rupee crashed to a lifetime low of 69.10 against US dollar

More >

Indian Rupee in tail spin, hits all-time low vs US dollar; 10 key highlights

Thu, Jun 28, 2018

Indian rupee, which plunged by 37 paise or 0.54 per cent to settle at a 19-month low of 68.61 against the US dollar yesterday, collapsed to a lifetime low of 69.10 against the US dollar by plunging 49 paise in early trade today as rising crude oil prices deepened concerns about the country's current account deficit and inflation dynamics.

More >

Sensex tanks over 200 points, Nifty dips below 10,600; rupee hits all-time low

Thu, Jun 28, 2018

More >

India, US officials to meet again to discuss tariff related issues

Thu, Jun 28, 2018

India is pressing for exemption from high duty imposed by the US on certain steel and aluminium products and resumption of export benefits to certain domestic products under their Generalised System of Preferences (GSP).

More >

Rupee weakest since November 2016 on higher oil prices

Wed, Jun 27, 2018

The rupee weakened to 68.61 to the dollar, its weakest since November 30, 2016, as high oil prices stoked importers to step-up purchase of the greenback.  

More >

Rupee outlook: Indian currency may track US dollar index

Mon, Jun 25, 2018

If that’s not enough, we have other things to worry about. Surging global oil prices have already derailed “inflation” expectations in many import-dependent countries. The ongoing OPEC meeting can throw a pointer towards future oil supply, thus providing direction of the global oil price itself. Most of the experts are now hoping to tide over the rest of CY 2018 in a $70-80/ barrel of Brent Crude.

More >

Rupee may hit 70 mark by year-end vs dollar, crosses 67 level

Mon, May 07, 2018

Rupee may remain sticky near resistance of 67 versus dollar.  

More >