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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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Rupee at record low, what caused the fall in rupee?

Rupee at record low, what caused the fall in rupee?

Mon, Jul 29, 2024

Rupee at record low. What caused the fall in rupee? Rupee weakens against the dollar. Know the complete news from Neha Anand.

Currency Market Update: Rupee rises by 3 paise to settle at 83.58 vs dollar

Currency Market Update: Rupee rises by 3 paise to settle at 83.58 vs dollar

Wed, Jul 17, 2024

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading marginally higher by 0.11 per cent at 104.29.

Dollar barges past 161 yen and eyes quarterly rise

Dollar barges past 161 yen and eyes quarterly rise

Fri, Jun 28, 2024

For the quarter it is down 6 per cent on the dollar and for the year so far it has lost 12 per cent

Currency update: Rupee settles 3 paise higher at 83.44 against US dollar

Currency update: Rupee settles 3 paise higher at 83.44 against US dollar

Tue, Jun 25, 2024

At the interbank foreign exchange market, the local unit opened at 83.46 and hit the intraday high of 83.41 and a low of 83.48 against the greenback during the session.

Stock market today: Wall Street slips ahead of job market data

Stock market today: Wall Street slips ahead of job market data

Tue, Jun 04, 2024

A handful of companies are still reporting earnings. Designer Brands, the owner of Designer Shoe Warehouse, sank 20% after after its first-quarter profit came in below forecasts.

Rupee plunges 45 paise to close at 83.59 against US dollar, amid close LS contest

Rupee plunges 45 paise to close at 83.59 against US dollar, amid close LS contest

Tue, Jun 04, 2024

The domestic currency finally closed at 83.59 (provisional) against the dollar, registering a fall of 45 paise from its previous close.

Rupee strengthens by 19 paise to settle at 83.10 vs dollar

Rupee strengthens by 19 paise to settle at 83.10 vs dollar

Fri, May 24, 2024

Currency Market Update: The rupee gained by 19 paise, or 0.2 per cent, to end at 83.10 against the US dollar on Friday.

Yen gives up ground vs dollar following surge on suspected intervention

Yen gives up ground vs dollar following surge on suspected intervention

Thu, May 02, 2024

The yen gave up ground in early trade on Thursday, reversing direction after a sudden surge against the dollar overnight that traders and analysts were quick to attribute to intervention by Japanese authorities.

Stocks notch monthly drop, dollar rebounds as data, Fed loom large

Stocks notch monthly drop, dollar rebounds as data, Fed loom large

Wed, May 01, 2024

Gold sank, the dollar rebounded and benchmark US Treasury yields ticked higher after the US Labor Department reported hotter-than-expected first-quarter employment cost growth, which is unlikely to alter the Fed's restrictive stance.

Yen at its weakest in decades as BOJ meets

Yen at its weakest in decades as BOJ meets

Fri, Apr 26, 2024

Currency market update: The yen was parked by a 34-year low on the dollar and decade lows on other crosses ahead of a Bank of Japan meeting where interest rates are expected to stay low, while the dollar dipped elsewhere on softer-than-expected US growth data.

Rupee vs Dollar: Domestic currency climbs 5 paise to 83.39 in early trade

Rupee vs Dollar: Domestic currency climbs 5 paise to 83.39 in early trade

Mon, Apr 22, 2024

Forex traders said there was likely some intervention by the Reserve Bank of India which resulted in the pullback of the local unit.

Currencies calm but cautious after a weary week

Currencies calm but cautious after a weary week

Mon, Apr 22, 2024

US dollar rate index news: The euro and yen were relatively steady in early Asian trading on Monday and the US dollar stayed near its highs after last week's hectic policy and geopolitical developments. Eyes are on the yen this week, with the Bank of Japan's (BOJ) Friday policy review the notable item on the economic calendar.

South African rand little changed ahead of inflation, retail sales data

South African rand little changed ahead of inflation, retail sales data

Wed, Apr 17, 2024

Economists polled by Reuters expect headline inflation to slow slightly to 5.4 per cent year-on-year in March from 5.6 per cent in February.

NIIF invests $200 million in Ibus to boost digital infrastructure in India

NIIF invests $200 million in Ibus to boost digital infrastructure in India

Wed, Apr 10, 2024

The company aims to strengthen its position as a leader in in-building solutions, outdoor small cells and managed WiFi services and expand its presence in new emerging sectors like Internet of Things (IoT) solutions, it added.

Japan’s yen hits 34-year low: Check out the three Indian stocks that stand to benefit

Japan’s yen hits 34-year low: Check out the three Indian stocks that stand to benefit

Wed, Mar 27, 2024

Japan's yen hits 34-year low: During the session, the yen traded at 151.97 per dollar, down about 0.2 per cent as per a Reuters report, tumbling to its lowest level since 1990.

Commodity Capsule: Gold moves further away from record-high, Brent crude hits one-week low

Commodity Capsule: Gold moves further away from record-high, Brent crude hits one-week low

Fri, Mar 22, 2024

Commodity Capsule: Yellow metal had surged to record highs above $2,200 an ounce after Federal Reserve maintained its outlook for three interest rate cuts in 2024.

Yen flounders near four month low, Fed in spotlight

Yen flounders near four month low, Fed in spotlight

Wed, Mar 20, 2024

The yen languished near a four-month low against the US dollar and a 16-year trough against the euro on Wednesday, a day after the Bank of Japan's widely anticipated decision to end its negative interest rate policy.

Yen holds nerve as BOJ decision looms; dollar resurgent

Yen holds nerve as BOJ decision looms; dollar resurgent

Tue, Mar 19, 2024

The yen dwindled near the 150 per dollar level on Tuesday but held its ground ahead of a pivotal policy decision from the Bank of Japan (BOJ), while the US dollar towered over its peers as bets for early rate cuts there were trimmed.

South African rand weakens ahead of mining, manufacturing data

South African rand weakens ahead of mining, manufacturing data

Thu, Mar 14, 2024

The dollar was last trading up about 0.15 per cent against a basket of global currencies.

Rupee ekes out second straight weekly gain

Rupee ekes out second straight weekly gain

Fri, Feb 23, 2024

The rupee ended at 82.9375 per US dollar compared with its close of 82.84 in the previous session.

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