Fri, Dec 20, 2024
Rupee gains ground but remains under pressure amid strong dollar demand and weak domestic markets.
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Rupee rebounds 6 paise to Rs 85.07 against the US dollar, recovering from its all-time low; global headwinds and FII outflows keep pressure on currency stability.
Tue, Dec 17, 2024
The RBI monitors key developments across the globe which may have an impact on USD-INR exchange rate, said Minister of State for Finance Pankaj Chaudhary.
Rupee ends flat at 84.90 against the dollar as trade deficit hits record high; weak domestic markets, surging gold imports, and FII outflows weigh on sentiment ahead of Fed meeting.
Rupee hits a record low of 84.92 against the US dollar, pressured by foreign fund outflows, widening trade deficit, and rising gold imports, reflecting weak domestic market sentiment.
Mon, Dec 16, 2024
The rupee edged lower to 84.8250, down 0.04 per cent, amid pressure on Asian currencies following weaker-than-expected Chinese retail sales data.
Fri, Dec 13, 2024
At the interbank foreign exchange, the rupee opened at 84.87 and touched the intra-day high of 84.77 against the greenback.
At the interbank foreign exchange, the rupee opened at 84.85 and inched up further to 84.83 against the greenback, registering a gain of 5 paise from its previous close.
Thu, Dec 12, 2024
Rupee tumbled to an all-time low of 84.88 against the US dollar, driven by heightened demand and market uncertainty, though RBI interventions helped prevent sharper declines in the currency.
Gold prices in India climb to Rs 79,653 for 10 grams of 24-carat, while silver dips to Rs 98,500 per kg amid global Fed rate cut hopes.
Wed, Dec 11, 2024
Forex traders said the Indian rupee touched a fresh all-time low of 86.87 in intraday trade as change of guard at the Reserve Bank of India raised odds of a rate cut by the Reserve Bank of India (RBI) in its February meeting.
At the interbank foreign exchange, the rupee opened at 84.87, its all-time low against the greenback, registering a fall of 2 paise over its previous close.
Tue, Dec 10, 2024
At the interbank foreign exchange, the rupee opened at 84.80 and touched the lowest level of 84.86 against the greenback during intra-day trade.
On Monday, the rupee saw its steepest fall in over a month and plunged 20 paise to settle at lowest-ever level of 84.86 against the US dollar.
Mon, Dec 09, 2024
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading lower by 0.09 per cent at 105.96.
The Reserve Bank of India on Friday kept its key interest rate unchanged citing inflation risks, but cut the Cash Reserve Ratio that banks are required to park with the central bank, boosting money with lenders to support a slowing economy.
Fri, Dec 06, 2024
Rupee gained against the dollar following RBI’s CRR cut and a softer greenback but ended its fifth consecutive week in decline amid persistent economic headwinds.
At the interbank foreign exchange, the rupee opened at 84.66 and moved in a tight range and touched 84.64 against the greenback, registering a gain of 7 paise over its previous close.
Thu, Dec 05, 2024
Rupee recovers from all-time low, rises 3 paise to close at 84.72 against US dollar Mumbai, Dec 5 (PTI) The rupee recovered from its all-time low level and settled for the day with gains of just 3 paise at 84.72 (provisional) against the US dollar in a range-bound trade on Thursday, amid a positi
Silver holds steady at Rs 94,000 per kg; gold prices show no significant change across major Indian cities on December 5, 2024. (Image: Unsplash, Pixabay)
The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading lower by 0.05 per cent at 106.26.
Wed, Dec 04, 2024
At the interbank currency exchange, the rupee opened at 84.66 and traded in the range of 84.65-84.76. Eventually it settled at 84.76 (provisional), 8 paise lower than Tuesday's close of 84.68.
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