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Foreign Exchange Market

Rupee rises 7 paise to close at 82.81 against US dollar

Rupee rises 7 paise to close at 82.81 against US dollar

Tue, Oct 25, 2022

At the interbank foreign exchange market, the local currency opened at 82.71 and witnessed a high of 82.62 and a low of 82.81. It finally settled at 82.81 against the American currency, registering a rise of 7 paise over its previous close.

Rupee falls 18 paise to close at all-time low of 79.03 against US dollar

Rupee falls 18 paise to close at all-time low of 79.03 against US dollar

Wed, Jun 29, 2022

The rupee depreciated 18 paise to close at a record low of 79.03 (provisional) against the US dollar on Wednesday, weighed down by persistent foreign capital outflows, a strong dollar overseas and surge in crude oil prices.

India central bank sold $20.1 billion in March to defend rupee - RBI bulletin

India central bank sold $20.1 billion in March to defend rupee - RBI bulletin

Tue, May 17, 2022

The Reserve Bank of India sold a net $20.1 billion in the spot foreign exchange market in the month of March to support the rupee against the U.S. dollar, its monthly bulletin showed on Tuesday.

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Rupee gains 5 paise to end at 75.54 against US dollar

Rupee gains 5 paise to end at 75.54 against US dollar

Wed, Dec 22, 2021

The rupee appreciated by 5 paise to close at 75.54 (provisional) against the US dollar on Wednesday as a firm trend in domestic equities boosted investor sentiments.

China unveils fresh steps to curb capital outflows, spur inflows

China unveils fresh steps to curb capital outflows, spur inflows

Thu, Jan 26, 2017

Inorder to curb capital outflows and to boost foreign currency inflows of the country, China's foreign exchange regulator State Administration of Foreign Exchange (SAFE) has issued new guidelines in the latest step to ease pressure on the yuan currency.

Chinese yuan strengthens 55 basis points against dollar on Monday

Chinese yuan strengthens 55 basis points against dollar on Monday

Mon, May 23, 2016

The central parity rate of the yuan against the US dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

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