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Indian Rupee

Rupee rises by 7 paise to 83.82 against US dollar in early trade

Rupee rises by 7 paise to 83.82 against US dollar in early trade

Fri, Aug 30, 2024

Rupee appreciated 7 paise to 83.82 against the US dollar in morning trade on Friday, supported by significant foreign fund inflows and a positive trend in domestic equities.Forex traders said a rise in global risk sentiments supported the rupee, while recovery in the US dollar and month-end dollar demand from importers and oil marketing companies (OMCs) weighed on investor sentiments.At the interbank foreign exchange market, the local unit opened at 83.83, then gained ground to touch 83.82, registering a rise of 7 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 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

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Rupee slips 5 paise to 73.73 against US dollar in early trade

Rupee slips 5 paise to 73.73 against US dollar in early trade

Mon, Sep 27, 2021

The Indian rupee edged lower by 5 paise to trade at 73.73 against the US dollar in opening deals on Monday due to fresh demands for dollar from banks and importers.

Rupee slips 4 paise to close at 73.68 against US dollar

Rupee slips 4 paise to close at 73.68 against US dollar

Fri, Sep 24, 2021

The rupee finally settled at 73.68 against the American currency, down 4 paise over its previous close.

USDINR Futures – Analyst recommends buy for this target on Friday; suggests sell in EURINR, GBPINR September futures

USDINR Futures – Analyst recommends buy for this target on Friday; suggests sell in EURINR, GBPINR September futures

Thu, Sep 23, 2021

The Indian rupee strengthened on Thursday, supported by dollar inflows into the domestic stock market which touched new record highs, after US Federal Reserve`s policy meeting took a more hawkish stance than the markets expected

Rupee advances 10 paise to 73.77 against US dollar in early trade

Rupee advances 10 paise to 73.77 against US dollar in early trade

Thu, Sep 23, 2021

The Indian rupee appreciated 10 paise to 73.77 against the US dollar in opening trade on Thursday, tracking weakness of the American currency in the overseas market and a firm trend in domestic equities.

Evergrande situation can lead to rupee coming under pressure: Report

Evergrande situation can lead to rupee coming under pressure: Report

Wed, Sep 22, 2021

The rupee can come under pressure as emerging market currencies face headwinds because of the events surrounding Evergrande in China.

Rupee to remain under pressure amid global cues and covid concerns, down 2.4% in June: Report

Rupee to remain under pressure amid global cues and covid concerns, down 2.4% in June: Report

Tue, Jul 13, 2021

Indian Rupee spot depreciated over 2.4 per cent in June mostly hurt by a sharp rebound in dollar Index, fresh concerns of Delta Variant of COVID-19 and rally in crude oil prices, a brokerage Anand Rathi Share and Stock Broking Limited said in a monthly currency report on Monday.

For every rupee government earns, 53 paise to come from taxes

For every rupee government earns, 53 paise to come from taxes

Mon, Feb 01, 2021

For every rupee in the government coffer, 53 paise will come from direct and indirect taxes, 36 paise from borrowings and other liabilities, 6 paise from non-tax revenue like disinvestment and 5 paise from non-debt capital receipts.

Rupee falls 24 paise to 73.48 against US dollar in early trade

Rupee falls 24 paise to 73.48 against US dollar in early trade

Mon, Jan 11, 2021

The rupee depreciated 24 paise to 73.48 against the US dollar in opening trade on Monday, tracking a rebound in the American currency even as domestic equities were trading with significant gains.

CURRENCY IN CIRCULATION - Rise by Rs 3.23 lakh cr in first nine months of FY21; Know what people preferred in Covid times

CURRENCY IN CIRCULATION - Rise by Rs 3.23 lakh cr in first nine months of FY21; Know what people preferred in Covid times

Mon, Jan 11, 2021

The Currency in Circulation (CiC) grew by around 13 per cent in the first nine months of the current fiscal as people preferred holding on to cash as a precautionary measure amid the uncertainty caused due to the COVID-19 pandemic

Rupee rises 7 paise to close at 73.24 a dollar

Rupee rises 7 paise to close at 73.24 a dollar

Fri, Jan 08, 2021

The Indian rupee staged a smart recovery from the day's lowest level to end 7 paise higher at 73.24 against the US dollar on Friday, tracking an intense rally in domestic equities.

Rupee slips 4 paise to 73.11 against US dollar in early trade

Rupee slips 4 paise to 73.11 against US dollar in early trade

Fri, Jan 01, 2021

The rupee depreciated by 4 paise to 73.11 against the US dollar in opening trade of the first session of the New Year as market participants remained on the sidelines due to lack of fresh cues.

Dollar lifts gold amid worries over U.S. stimulus delay

Dollar lifts gold amid worries over U.S. stimulus delay

Wed, Dec 30, 2020

Gold inched higher on Wednesday as the dollar eased, while investors weighed a top U.S. Republican leader`s decision to postpone a vote on increased pandemic relief payments.

Rupee surges 9 paise to 73.33 against US dollar in early trade

Rupee surges 9 paise to 73.33 against US dollar in early trade

Wed, Dec 30, 2020

The Indian rupee appreciated by 9 paise to 73.33 against the US dollar in opening trade on Wednesday supported by sustained foreign fund inflows and weakness in the American currency in the overseas market.

Gold Price, Indian Rupee and Equity Markets Today: Precious metal at high of Rs 50170, INR near low of 73.67 | Here is all you need to know

Gold Price, Indian Rupee and Equity Markets Today: Precious metal at high of Rs 50170, INR near low of 73.67 | Here is all you need to know

Wed, Dec 09, 2020

The Nifty ended positive yesterday led by financials, technology and select cement stocks. On the options front, 13100, 13200 Put holds significant OI that should act as support on downsides. However, maximum Call OI is at 13500 strike that should be an immediate hurdle on upsides. Nifty futures ended at a premium of 35 points while IV rose by 3%. The major Put base is at 13200 strike with almost 32 lakh shares while the major Call base is at the 13500 strike with almost 39 lakh shares.

Rs 2000 note news today: Has RBI stopped printing it? Won't you get it from bank ATMs? HERE IS TRUTH

Rs 2000 note news today: Has RBI stopped printing it? Won't you get it from bank ATMs? HERE IS TRUTH

Fri, Dec 04, 2020

Government of India's Press Information Bureau (PIB) on its PIB Fact Check Twitter handle has busted a fake news related to Rs 2000 denomination note.

Rupee rises 11 paise to 73.77 against US dollar in early trade

Rupee rises 11 paise to 73.77 against US dollar in early trade

Fri, Nov 27, 2020

The rupee appreciated 11 paise to 73.77 against the US dollar in the opening session on Friday on sustained foreign fund inflows and weak American currency.

Rupee settles 7 paise lower at 74.15 against US dollar

Rupee settles 7 paise lower at 74.15 against US dollar

Mon, Nov 09, 2020

The rupee surrendered all its early gains to settle 7 paise lower at 74.15 (provisional) against the US dollar on Monday, in line with weaker Asian peers against the greenback.

Fund inflows to strengthen Indian rupee against US dollar

Fund inflows to strengthen Indian rupee against US dollar

Sat, Nov 07, 2020

Rising corporate fund inflows along with buoyant equities are expected to strengthen the Indian rupee in the coming week. Analysts have predicted the rupee to range between 73.60 and 74.40 with a "appreciation bias" from last week`s band of 73.80 to 74.88.

Indian Rupee rebounds 40 paise to close at 74.36 against US dollar today

Indian Rupee rebounds 40 paise to close at 74.36 against US dollar today

Thu, Nov 05, 2020

Indian Rupee vs US dollar today: The Indian rupee on Thursday staged a smart recovery to end at 74.36 against the US dollar, clocking a gain of 40 paise amid positive sentiments in domestic and global markets.

Indian Rupee vs US dollar: INR soars 47 paise to 74.29 in early trade

Indian Rupee vs US dollar: INR soars 47 paise to 74.29 in early trade

Thu, Nov 05, 2020

Indian Rupee vs US dollar: The rupee appreciated 47 paise to 74.29 against the US dollar in opening trade on Thursday, as investor sentiments strengthened amid expectation of Joe Biden's victory in the US Presidential elections.

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