Rupee hits record low of 83.06 against U.S. dollar

Rupee hits record low of 83.06 against U.S. dollar

A sell-off in domestic equities and risk-averse sentiments weighed on the local unit, traders said A sell-off in domestic equities and risk-averse sentiments weighed on the local unit, traders said The rupee depreciated 6 paise to a record low of 83.06 against the U.S. dollar in opening trade on Thursday due to a stronger greenback […]

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Rupee rises 24 paise to 81.49 against U.S. dollar

Rupee rises 24 paise to 81.49 against U.S. dollar

The previous day, the rupee recovered from record lows to settle 20 paise higher at 81.73 against the dollar The previous day, the rupee recovered from record lows to settle 20 paise higher at 81.73 against the dollar The rupee appreciated 24 paise to 81.49 against the U.S. dollar in early trade on Friday ahead […]

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Rupee rises 23 paise to close at 79.72 against U.S. dollar

Rupee rises 23 paise to close at 79.72 against U.S. dollar

The rupee appreciated 23 paise to close at 79.72 (provisional) against the United States dollar on Thursday amid easing crude oil prices and a firm trend in domestic equities. At the interbank forex market, the local unit opened at 79.72 against the greenback. It witnessed an intra-day high of 79.65 and a low of 79.83 […]

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RBI issues ‘Alert List’ on entities not authorised to deal in forex trading

RBI issues ‘Alert List’ on entities not authorised to deal in forex trading

The central bank said it has been receiving references seeking clarification on the authorisation status of some ETPs The central bank said it has been receiving references seeking clarification on the authorisation status of some ETPs The Reserve Bank of India (RBI) on September 7 came out with an ‘Alert List’ containing the names of […]

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Rupee rises 8 paise to close at 79.79 against U.S. dollar

Rupee rises 8 paise to close at 79.79 against U.S. dollar

Strengthening of American currency in overseas market restricted Indian rupee’s gain Strengthening of American currency in overseas market restricted Indian rupee’s gain The rupee appreciated 8 paise to close at 79.79 (provisional) against the United States dollar on Monday, in line with a firm trend in domestic equities. However, the strengthening of the American currency […]

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Rupee slips 2 paise to close at 79.85 against U.S. dollar

Rupee slips 2 paise to close at 79.85 against U.S. dollar

Surge in crude oil prices and mixed to negative domestic equity markets restricted the rupee’s movement, says expert Surge in crude oil prices and mixed to negative domestic equity markets restricted the rupee’s movement, says expert The rupee consolidated in a narrow range and depreciated 2 paise to close at 79.81 (provisional) against the United […]

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Rupee gains 29 paise to close at 79.45 against U.S. dollar

Rupee gains 29 paise to close at 79.45 against U.S. dollar

Brent crude futures, the global oil benchmark, slipped 0.06% to $92.28 per barrel Brent crude futures, the global oil benchmark, slipped 0.06% to $92.28 per barrel The rupee gained 29 paise to settle at 79.45 (provisional) against the United States dollar on Wednesday as heavy buying in domestic equities and persistent foreign capital inflows strengthened […]

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Rupee falls 20 paise to close at record low of 78.13 against U.S. dollar

Rupee falls 20 paise to close at record low of 78.13 against U.S. dollar

Brent crude futures, the global oil benchmark, declined 1.58% to $120.08 per barrel Brent crude futures, the global oil benchmark, declined 1.58% to $120.08 per barrel The rupee plunged 20 paise to close at an all-time low of 78.13 against the United States dollar on Monday, as a lacklustre trend in domestic equities and stronger […]

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Rupee slips 2 paise to close at 77.57 against U.S. dollar

Rupee slips 2 paise to close at 77.57 against U.S. dollar

The rupee declined 2 paise to close at 77.57 (provisional) against the United States dollar on Thursday, as firm crude prices and relentless foreign capital outflows dented investor sentiment. However, a rally in domestic equities and a weak American currency in the overseas market restricted the rupee’s fall, traders said. At the interbank foreign exchange […]

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