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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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FPI outflow at Rs 83,000-cr in 2018 on crude price rise, rupee depreciation

FPI outflow at Rs 83,000-cr in 2018 on crude price rise, rupee depreciation

Sun, Jan 06, 2019

Foreign portfolio investors (FPIs) made a net withdrawal of about Rs 83,146 crore from the Indian markets in 2018. This comprises Rs 33,553 crore from equities and Rs 49,593 crore from the debt market, according to data available with depositories.

Rupee recovers 34 paise to 69.86 against US dollar in morning trade

Rupee recovers 34 paise to 69.86 against US dollar in morning trade

Fri, Jan 04, 2019

Forex traders said, the American currency lost some ground against major currencies overseas, while on the domestic front, the equity market staged a recovery and propped up the rupee.

Rupee's tumultuous year ends with 9 pc annual loss at 69.77 a dollar

Rupee's tumultuous year ends with 9 pc annual loss at 69.77 a dollar

Mon, Dec 31, 2018

The Indian rupee Monday signed off the last trading session of 2018 with 18 paise gains at 69.77 per dollar but clocked a 9.23 per cent fall during the year after witnessing its one of the tumultuous years in the recent past.

Elections, USD strength and oil price to determine rupee direction: Report

Elections, USD strength and oil price to determine rupee direction: Report

Sun, Dec 30, 2018

"In our assessment, consumer price inflation (CPI) is likely to average 4 per cent in 2019. Benign food inflation, positive base effects, recent correction in oil prices and INR stability is likely to keep inflationary pressures under check," it said.

RBI exploring mobile phone-based solution to help visually impaired identify banknotes

RBI exploring mobile phone-based solution to help visually impaired identify banknotes

Sun, Dec 30, 2018

In June, 2018 the Reserve Bank had announced that it will explore the feasibility of developing a suitable device or mechanism for aiding the visually impaired in the identification of Indian banknotes.

Rupee gains 30 paise against US dollar in opening trade amid fall in crude oil prices

Rupee gains 30 paise against US dollar in opening trade amid fall in crude oil prices

Fri, Dec 28, 2018

The rupee rose by 30 paise to 70.05 against the US currency in opening trade Friday.

Fake Rs 100 notes found in circulation within two months of release! Check if your's is original

Fake Rs 100 notes found in circulation within two months of release! Check if your's is original

Thu, Dec 27, 2018

As per the report, a property dealer identified as Sanjeev had sold his iPhone for Rs 90,000 to one youth named Javed Shamim. The buyer had paid 84,000 Rs 100 currency notes.

Rupee gains 8 paise against US dollar in early trade today

Rupee gains 8 paise against US dollar in early trade today

Mon, Dec 24, 2018

The rupee opened a shade lower at 70.19 a dollar against the previous close of 70.18 a dollar. It moved in a range of 70.21 to 70.12 a dollar in early trade before quoting at 70.10, showing a gain of 8 paise.

Do you have these Currency notes? Beware! Why your bank may not accept them

Do you have these Currency notes? Beware! Why your bank may not accept them

Fri, Dec 21, 2018

Though the banks accept damaged/mutilated notes, the RBI has issued instruction asking the lenders not to accept some currency notes.

Rupee slips 37 paise to 70.07 against US dollar in early trade

Rupee slips 37 paise to 70.07 against US dollar in early trade

Fri, Dec 21, 2018

Traders said a lower opening in domestic equity market, rising crude prices and foreign fund outflows put additional pressure on the local unit.

Rupee turns around on global dollar weakness, stocks also recover

Rupee turns around on global dollar weakness, stocks also recover

Thu, Dec 20, 2018

The Indian rupee posted on a turn-around on Thursday as the dollar weakened globally while stocks also recovered most of the day`s loss after a weak opening for both markets.

Wow! Rupee makes highest one-day gains since 2013; is the worst over?

Wow! Rupee makes highest one-day gains since 2013; is the worst over?

Thu, Dec 20, 2018

Indian currency made a massive 1-day gain, which was not seen since 2013? Between September 2013 to December 18, the currency rose by Rs 1.12 against the dollar closing at 70.44 on Tuesday.

Rupee slips 24 paise to 70.63 against US dollar in early trade

Rupee slips 24 paise to 70.63 against US dollar in early trade

Thu, Dec 20, 2018

The rupee Thursday depreciated by 24 paise to 70.63 in early trade on the forex market amid strengthening American currency and weak opening in domestic equities.

Rupee rises for 3rd day, settles 5 paise up at 70.39 vs USD

Rupee rises for 3rd day, settles 5 paise up at 70.39 vs USD

Wed, Dec 19, 2018

The rupee pared early gains but managed to end 5 paise higher at 70.39 against the US dollar Wednesday on increased selling of the greenback by exporters amid benign crude oil prices and smart gains in domestic equities.

Rupee strengthens 50 paise to 69.94 against US dollar

Rupee strengthens 50 paise to 69.94 against US dollar

Wed, Dec 19, 2018

The rupee appreciated another 50 paise to breach the 70 per dollar-mark in opening trade Wednesday on persistent drop in crude prices amid fresh foreign fund inflows and sustained selling of the American currency by exporters and banks.

Indian Rupee settles 34 paise higher at 71.56 against US dollar

Indian Rupee settles 34 paise higher at 71.56 against US dollar

Mon, Dec 17, 2018

Forex market sentiments were driven by the country's narrowing trade deficit in November as also smart gains in domestic equities. The American currency's weakness against its major rivals globally also helped the rupee further its gains. Earlier on Friday, the domestic unit had dropped by 22 paise to close at 71.90 against the US dollar.

Rupee rises 16 paise to 71.74 against US dollar in early trade

Rupee rises 16 paise to 71.74 against US dollar in early trade

Mon, Dec 17, 2018

At the interbank forex market, the rupee opened higher at 71.84 and rose further to quote at 71.74, showing a rise of 16 paise over its previous close.

Explained: How to exchange damaged Rs 2000, Rs 500, Rs 200, Rs 100 notes in India

Explained: How to exchange damaged Rs 2000, Rs 500, Rs 200, Rs 100 notes in India

Fri, Dec 14, 2018

How to exchange damaged Rs 2000, Rs 500, Rs 200, Rs 100 notes: If you have a damaged note of any denominations including Rs 500 and Rs 2000, then it may be a cause of worry. However, to your relief, the RBI has allowed the exchange of new notes which have been damaged.

Rupee rises 14 paise to 71.82 against US dollar in early trade

Rupee rises 14 paise to 71.82 against US dollar in early trade

Fri, Dec 14, 2018

The rupee Friday depreciated by 14 paise to 71.82 in early trade on the forex market as the American currency strengthened, while the domestic equity market opened on a weak note. The rupee Friday depreciated by 14 paise to 71.82 in early trade on the forex market as the American currency strengthened, while the domestic equity market opened on a weak note.

Rupee rises 42 paise to 71.59 per US dollar in early trade

Rupee rises 42 paise to 71.59 per US dollar in early trade

Thu, Dec 13, 2018

The rupee Thursday appreciated by 42 paise to 71.59 in early trade after the new RBI governor Shaktikanta Das took charge and stressed on the need of a consultative approach to tackle pressing economic issues.

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