On Friday, the rupee dipped 3 paise to close at 82.82 against the dollar. | Photo Credit: AP The rupee on Monday started the session on a flat note against the U.S. dollar amid rising crude oil prices and persistent foreign capital outflows. At the interbank foreign exchange, the rupee opened at 82.79 against the […]
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The rupee depreciated 18 paise to close at 81.85 (provisional) against the U.S. dollar on Wednesday on dollar demand from importers and recovery in crude oil prices. Forex traders said sustained foreign fund outflows and concerns over rising COVID-19 cases in China also weighed on investor sentiments. At the interbank foreign exchange market, the local […]
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At the interbank foreign exchange, the rupee opened at 82.68 against the greenback, then slipped further to 82.69, registering a fall of 39 paise over its previous close At the interbank foreign exchange, the rupee opened at 82.68 against the greenback, then slipped further to 82.69, registering a fall of 39 paise over its previous […]
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Yes Securities cites faster U.S. inflation to contend ‘worst for the rupee is behind us’ Yes Securities cites faster U.S. inflation to contend ‘worst for the rupee is behind us’ The inflation rate differentials between the U.S. and India suggest that the worst of the rupee’s decline may be over, an analyst at Yes Securities […]
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Rupee traded in a narrow range as investors awaited key domestic macroeconomic data points like IIP and CPI for further cues. Rupee traded in a narrow range as investors awaited key domestic macroeconomic data points like IIP and CPI for further cues. The rupee depreciated 4 paise to close at ₹79.66 (provisional) against the U.S. […]
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RBI is continuously monitoring the local currency and intervening only if there is volatility. RBI is continuously monitoring the local currency and intervening only if there is volatility. Amid concerns over the decline in the value of the rupee against the U.S. dollar, Finance Minister Nirmala Sitharaman on Tuesday asserted there is no collapse of […]
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Even as the Indian rupee has fallen sharply against the U.S. dollar, the rupee’s depreciation has been relatively lower unlike previous times Even as the Indian rupee has fallen sharply against the U.S. dollar, the rupee’s depreciation has been relatively lower unlike previous times The Indian rupee has depreciated by around 7% against the U.S. […]
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The Rupee declined 13 paise on Wednesday to weaken further against the U.S. dollar amidst a strong dollar demand from importers The Rupee declined 13 paise on Wednesday to weaken further against the U.S. dollar amidst a strong dollar demand from importers The rupee declined 13 paise to close below the 80 mark for the […]
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The dollar index, which measures the greenback’s strength against a basket of six currencies, was up 0.18% at 106.72 The dollar index, which measures the greenback’s strength against a basket of six currencies, was up 0.18% at 106.72 The rupee recovered from its all-time low to close 3 paise higher at 79.30 (provisional) against the […]
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How has the adoption of Bitcoin as an official currency worked out for the Central American country? How has the adoption of Bitcoin as an official currency worked out for the Central American country? The story so far: The crash in the price of Bitcoin and other cryptocurrencies has put El Salvador’s government in trouble. […]
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