Fri, Nov 22, 2024
At the interbank foreign exchange, the rupee opened at 84.48 and moved in a tight range and touched 84.47 against the greenback, registering a gain of just 3 paise over its previous close.
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Thu, Nov 21, 2024
At the interbank forex market, the rupee opened at 84.41 and slipped to an intra-day low of 84.51 before settling at 84.50.
The rupeeslumped to an all-time low against the American currency on Thursday.
Tue, Oct 18, 2022
Stocks were primed for a strong open after Britain's new finance minister Jeremy Hunt scrapped Prime Minister Liz Truss's proposed tax cuts and reined in her energy subsidies.
Thu, Oct 13, 2022
Foreign Institutional Investors (FIIs) were net sellers in the capital markets as they offloaded shares worth Rs 542.36 crore on Wednesday, according to exchange data.
Wed, Oct 12, 2022
On Tuesday, the rupee rebounded from its all-time low to close 19 paise higher at 82.21 against the US dollar.
Mon, Oct 10, 2022
Negative trend in domestic equities and a firm greenback overseas sapped investor appetite, forex traders said
Fri, Oct 07, 2022
The domestic currency has depreciated more than 2.20 per cent in September amid fresh foreign funds outflow from the domestic equity markets.
At the interbank foreign exchange, the rupee opened at 82.19 against the greenback, then fell to 82.33, registering a fall of 16 paise over its previous close
Thu, Sep 29, 2022
On Wednesday, rupee hit a fresh record low as it breached the 82-mark for the first time
Wed, Sep 28, 2022
The dollar index, which measures the greenback's strength against a basket of six currencies, is currently at 20-year high.
Mon, Sep 26, 2022
Escalation of geopolitical risks due to conflict in Ukraine, a negative trend in domestic equities and significant foreign fund outflows sapped investor appetite, forex traders said.
Pound tumbled more than 3 per cent and traded below $1.10 -- its lowest level since 1985, Xinhua news agency reported.
Fri, Sep 23, 2022
The rupee collapsed o a new record low on Sep 23 in early trade as it breached 81-mark, declining 39 paise, against greenback for the first time ever. So far this year, it fell around 8.48%.
Strong dollar put pressure on rupee. The Indian rupee weakened to a fresh record low against the U.S. dollar. How will be the movement of the rupee? What Lakshmi Iyer, CIO (DEBT) and Head - Products, Kotak AMC said on the Rupee Fall? Watch in this video.
Thu, Sep 22, 2022
On Wednesday, the rupee declined 22 paise to close at 79.96 against the dollar.
Wed, Sep 21, 2022
Most of the analysts estimated that the domestic currency may move beyond the 80-mark post the US Fed decision, which is scheduled on September 21, 2022.
Forex traders said investors are awaiting the US Fed's policy decision on interest rates for further cues. Moreover, risk-off mood and firm crude oil prices weighed on the local unit.
Mon, Sep 19, 2022
On the overseas front, risk assets extended their decline and the dollar rallied against major trading partners ahead of a busy week for global central banks, Parmar said, adding that in the near-term, spot USD-INR is expected to trade in the range of 79.05 to 79.90.
Fri, Sep 16, 2022
At the interbank foreign exchange market, the domestic currency opened at 79.80 per dollar. It hovered in a range of 79.71 to 79.85 during the session.
It is worth mentioning that several major currencies have been struggling against the dollar in recent months.
Tue, Sep 13, 2022
The Indian rupee, in August, had touched an all-time low of 80.15 against the US dollar. It is currently hovering at 79.25 level against the American currency.
Sat, Aug 06, 2022
Benchmark U.S. Treasury yields and oil prices headed higher as the stronger-than-expected payrolls data appeared to confirm the economy is not yet in recession.
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