[ad_1] Last Wednesday, the rupee slipped past the ₹90 per dollar mark. While this drop is labelled as ‘psychologically significant,’ the underlying economic factors haven’t changed much. Yet a specific set of recent events has added fresh momentum, decisively tipping the scales against the currency. The rupee’s rise or fall depends on two main factors: […]
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[ad_1] At the interbank foreign exchange, the rupee opened at 88.73 against the dollar and traded in the range of 88.69-88.80 before settling at 88.79 (provisional), lower by 4 paise against its previous close. File. | Photo Credit: Reuters The rupee fell 4 paise to an all-time low of 88.79 (provisional) against the U.S. dollar […]
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[ad_1] Representative image. | Photo Credit: Reuters The rupee depreciated 16 paise to 88.01 against the U.S. dollar in early trade on Thursday (September 18, 2025), as traders assessed the US FED outlook following a rate cut. The US FED reduced rates by a quarter point as expected and indicated that it will steadily lower […]
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[ad_1] The dollar index, which gauges the greenback’s strength against a basket of six currencies, was up 0.08% to 98.21. Representational file image. | Photo Credit: Reuters The rupee fell 12 paise to close at 88.14 (provisional) against the U.S. dollar on Thursday (September 4, 2025) amid sustained foreign fund outflows and a stronger greenback. […]
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[ad_1] Representational image only. | Photo Credit: The Hindu The Rupee gained 36 paise to 82.24 against the U.S. dollar in early trade on March 3 as fresh foreign fund inflows and a positive trend in domestic equities strengthened investor sentiments. At the interbank foreign exchange, the domestic unit opened at 82.28 against the dollar, […]
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[ad_1] File image. | Photo Credit: PTI The Reserve Bank of India (RBI) net sold $33.42 billion in the foreign exchange market in the first six months of current fiscal to defend the rupee from excessive volatility. The Central Bank closely monitors the foreign exchange markets and intervenes only to maintain orderly market conditions by […]
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[ad_1] 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 […]
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[ad_1] At the interbank foreign exchange market, the domestic currency opened weak at 79.50 per dollar At the interbank foreign exchange market, the domestic currency opened weak at 79.50 per dollar The rupee fell 40 paise to close at 79.64 (provisional) against the U.S. dollar on Monday amid waning risk appetite among investors. Lower global […]
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[ad_1] At the interbank Forex market, the local unit opened at 79.73 against the greenback At the interbank Forex market, the local unit opened at 79.73 against the greenback The rupee pared its initial gains to settle flat on July 26 amid muted domestic equities, firming crude oil prices and concerns over the hawkish U.S. […]
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