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Rupee hits all-time low of 84.50 against the US dollar amid market volatility

Rupee hits all-time low of 84.50 against the US dollar amid market volatility

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.

Goldman Sachs sees rupee weakening to 85.5-86 vs US dollar in 3-6 months: Report

Goldman Sachs sees rupee weakening to 85.5-86 vs US dollar in 3-6 months: Report

Thu, Nov 21, 2024

The rupeeslumped to an all-time low against the American currency on Thursday.

Rupee slides to all-time low at 84.42 against dollar

Rupee slides to all-time low at 84.42 against dollar

Tue, Nov 19, 2024

Indian rupee hit a record low of 84.42 against the U.S. dollar on Tuesday, driven by increased demand from foreign banks and importers, particularly domestic oil corporations.

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Currency Market News: Rupee rises by 3 paise vs dollar

Currency Market News: Rupee rises by 3 paise vs dollar

Fri, Sep 13, 2024

At the interbank foreign exchange market, the local unit opened at 83.97 and witnessed an intraday high of 83.95 and a low of 83.99 against the American currency.

Currency Market News: Rupee sees range-bound trade vs dollar

Currency Market News: Rupee sees range-bound trade vs dollar

Thu, Sep 12, 2024

At the interbank foreign exchange market, the local unit moved in a narrow range.

Rupee trades in narrow range against US dollar in early hours

Rupee trades in narrow range against US dollar in early hours

Wed, Sep 11, 2024

At the interbank foreign exchange market, the local unit moved in a narrow range.

Currency Market News: Rupee trades in narrow range vs dollar

Currency Market News: Rupee trades in narrow range vs dollar

Tue, Sep 10, 2024

At the interbank foreign exchange market, the local unit moved in a narrow range.

Currency Market News: Rupee opens 2 paise higher at 83.95 vs dollar

Currency Market News: Rupee opens 2 paise higher at 83.95 vs dollar

Fri, Sep 06, 2024

At the interbank foreign exchange market, the rupee opened 1 paisa higher at 83.96 against the greenback.

Currency Market News: Rupee rises by 4 paise to 83.97 vs dollar in early trade

Currency Market News: Rupee rises by 4 paise to 83.97 vs dollar in early trade

Thu, Sep 05, 2024

At the interbank foreign exchange market, the local unit opened at 83.98, then inched further to touch 83.97, registering a rise of 4 paise from its previous close.

Currency Market News: Rupee falls by 4 paise to 83.95 vs dollar

Currency Market News: Rupee falls by 4 paise to 83.95 vs dollar

Tue, Sep 03, 2024

At the interbank foreign exchange market, the rupee opened at 83.94, lower by 3 paise from its previous close before dropping further to 83.95.

Currency update: Rupee rises 3 paise to close at 83.86 against US dollar

Currency update: Rupee rises 3 paise to close at 83.86 against US dollar

Fri, Aug 30, 2024

On August 30, 2024, the Indian rupee strengthened by 3 paise to 83.86 against the US dollar, supported by record highs in domestic equities and a weaker dollar. Despite fresh foreign fund inflows, rising crude oil prices limited gains.

Rupee falls 3 paise to close at 83.96 against US dollar

Rupee falls 3 paise to close at 83.96 against US dollar

Wed, Aug 28, 2024

The Indian rupee depreciated by 3 paise to close at 83.96 against the US dollar on Wednesday, amid strong dollar demand from importers, especially oil companies. Despite this, a positive trend in domestic equities, foreign fund inflows, and a decline in crude oil prices provided some support.

Currency news: Rupee falls 2 paise to 83.95 against US dollar in early trade

Currency news: Rupee falls 2 paise to 83.95 against US dollar in early trade

Wed, Aug 28, 2024

The rupee depreciated by 2 paise to 83.95 against the US dollar, influenced by a muted trend in domestic equities. Despite the dip, the rupee's downside appears well-contained, supported by anticipated RBI intervention.

Currency Market News: Rupee rises by 5 paise to 83.88 vs dollar in early trade

Currency Market News: Rupee rises by 5 paise to 83.88 vs dollar in early trade

Fri, Aug 23, 2024

At the interbank foreign exchange market, the local unit opened at 83.93 and then gained ground and touched 83.88, registering a rise of 5 paise from its previous close.

Understanding the Rupee's Woes: What’s Causing the Downturn?

Understanding the Rupee's Woes: What’s Causing the Downturn?

Thu, Aug 22, 2024

Why is the rupee not able to recover? No support even from fall in dollar index. What is the reason for the fall in rupee?

Currency Update: Rupee falls 4 paise to close at 83.94 against US dollar

Currency Update: Rupee falls 4 paise to close at 83.94 against US dollar

Thu, Aug 22, 2024

At the interbank foreign exchange market, the local unit opened weak at 83.93 and touched an intraday low of 83.97 against the US dollar. The domestic currency finally settled at 83.94 (provisional), 4 paise lower from its previous close. On Wednesday, the rupee fell 13 paise to 83.90 against the US dollar. "We expect the rupee to trade with a slight negative bias on outflows by foreign investors and demand for the greenback by importers.

Rupee falls 7 paise to 83.84 against US dollar in early trade

Rupee falls 7 paise to 83.84 against US dollar in early trade

Wed, Aug 21, 2024

At the interbank foreign exchange, the rupee opened weak at 83.79 and lost further to 83.84 against the greenback, declining 7 paise from its previous days' closing level of 83.77.

Currency Market Update: Rupee turns flat at 83.87 against US dollar in early trade

Currency Market Update: Rupee turns flat at 83.87 against US dollar in early trade

Tue, Aug 20, 2024

At the interbank foreign exchange, the rupee opened at 83.86 against the greenback, inched up to 83.84 before trading again at its previous session's closing level of 83.87 against the dollar.

Rupee turns flat at 83.94 against US dollar in early trade

Rupee turns flat at 83.94 against US dollar in early trade

Fri, Aug 16, 2024

The Indian rupee remained steady at 83.94 against the US dollar in early trade on Friday, despite concerns over high crude oil prices and foreign capital outflows. Positive sentiment in equity markets and a weaker US dollar provided some support.

Rupee rises 2 paise to close at 83.95 against US dollar

Rupee rises 2 paise to close at 83.95 against US dollar

Wed, Aug 14, 2024

The rupee settled 2 paise higher at 83.95 against the US Dollar on Wednesday, supported by a weaker Dollar and mixed domestic market conditions. Despite foreign fund outflows and geopolitical tensions, the rupee showed resilience. Forex traders are watching US CPI data and geopolitical developments for future trends.

Currency market update: Rupee settles 4 paise lower at 83.96 against US dollar

Currency market update: Rupee settles 4 paise lower at 83.96 against US dollar

Wed, Aug 07, 2024

On Wednesday, the Indian rupee closed lower by 4 paise at 83.96 against the US dollar, impacted by a stronger greenback and Middle East tensions. Despite this, domestic market strength and rising crude oil prices provided some support. The rupee traded within a narrow range, while global equities and anticipated RBI policy decisions could influence future movements. The dollar index rose, and Brent crude saw a 1.22% increase

Rupee trades in narrow range vs dollar in early trade

Rupee trades in narrow range vs dollar in early trade

Wed, Aug 07, 2024

On Wednesday, the Indian Rupee traded within a narrow range at 83.92 due to a stronger US dollar and domestic market conditions. After recovering from an all-time low of 84.09, the rupee faces mixed signals from global tensions and RBI interventions. The BSE Sensex and Nifty saw gains, while the RBI's upcoming monetary policy decision remains a key focus. Brent crude prices are under pressure amid economic concerns

Currency Market Update: Rupee moves in tight range vs US dollar

Currency Market Update: Rupee moves in tight range vs US dollar

Wed, Aug 07, 2024

At the interbank foreign exchange market, the local unit opened at 83.86 but soon pared the gains to trade at 83.92, unchanged from its previous close.

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