Image for representation purpose only. | Photo Credit: Reuters The rupee gained 15 paise to 82.16 against the U.S. dollar in early trade on March 28 as the weakness of the American currency and a positive trend in domestic equities strengthened investor sentiments. At the interbank foreign exchange, the domestic unit opened at 82.20 against […]
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The local currency opened at ₹82.68, then fell further to an all-time intra-day low of ₹82.69. The local currency opened at ₹82.68, then fell further to an all-time intra-day low of ₹82.69. The rupee pared most of its initial losses and settled 4 paise lower at a fresh lifetime low of ₹82.34 (provisional) against the […]
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Foreign exchange reserves were down for a seventh continuous week, dropping to $545.65 billion on September 16. Foreign exchange reserves were down for a seventh continuous week, dropping to $545.65 billion on September 16. Economic Affairs Secretary Ajay Seth on Tuesday dismissed the concerns over the depletion of forex reserve as “overblown” and said India […]
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Nirmala Sitharaman says the RBI and the Finance Ministry are keeping a very close watch on the situation Nirmala Sitharaman says the RBI and the Finance Ministry are keeping a very close watch on the situation Finance Minister Nirmala Sitharaman on Saturday said the rupee has “held back very well” against the United States dollar […]
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U.S. Fed hiked interest rates by 75 basis points to 3-3.25% U.S. Fed hiked interest rates by 75 basis points to 3-3.25% The rupee plunged 90 paise to close at an all-time low of 80.86 (provisional) against the United States dollar on Thursday after the U.S. Federal Reserve’s interest rate hike and its hawkish stance […]
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The rupee appreciated on positive domestic equities and a weak U.S. dollar. The rupee appreciated on positive domestic equities and a weak U.S. dollar. The rupee appreciated 12 paise to close at ₹79.57 (provisional) against the U.S. dollar on Friday, tracking positive domestic equities and foreign fund inflows. At the interbank forex market, the local […]
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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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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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On Wednesday, the rupee had plunged 18 paise to close at a new all-time low of 78.22 On Wednesday, the rupee had plunged 18 paise to close at a new all-time low of 78.22 The rupee on Thursday recovered from its record low to close 12 paise higher at 78.10 (provisional) against the American currency, […]
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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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