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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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Commodity Superfast: Indian Rupee Hits Record Low; Rupee Ends At Record Closing Low Of 78.97 Vs US Dollar

Commodity Superfast: Indian Rupee Hits Record Low; Rupee Ends At Record Closing Low Of 78.97 Vs US Dollar

Wed, Jun 29, 2022

There does not seem to be a break on the fall of the Indian rupee against the US dollar. Experts say that the continuous selling of foreign investors from the Indian markets, the direct effect of increasing trade losses due to expensive crude is visible in the form of weakness in the rupee. The rupee touched a level of 78.97 against the dollar. The rupee has depreciated by 1.5% this month. Watch Commodity Superfast for more details.

How rising crude oil prices, falling Rupee impact stock market? Anil Singhvi decodes

How rising crude oil prices, falling Rupee impact stock market? Anil Singhvi decodes

Wed, Jun 29, 2022

Editors' Take: The rupee saw a fall of 50 paise in the market on Tuesday. What is the market connection of crude oil and rupee? Why so much drop in rupee in one day? What's happening in the commodity market? What to do in banking and auto stocks? Zee Business Managing Director Anil Singhvi explained in a TV Show 'Editors Take'.

Commodities Live: Weakening Rupee Will Push Up Inflation; Import Of All Commodities Will Become Expensive

Commodities Live: Weakening Rupee Will Push Up Inflation; Import Of All Commodities Will Become Expensive

Tue, Jun 28, 2022

Dollar price fell to a low of ₹ 78.84. Gold and silver prices increased due to weak rupee. The import of edible oil will be expensive, the domestic price will increase. Rupee fell 6% from this year's high. The strength of the dollar is putting pressure on the rupee. With a weak rupee, the import of everything will be expensive. 80% crude, 60% edible oil is imported in the country. Air travel will be more expensive due to rising ATF prices. Travelling and studying abroad will be expensive. Manufactured products will become expensive due to increase in crude oil prices.

Rupee tanks 46 paise to close at record low of 78.83 against US dollar

Rupee tanks 46 paise to close at record low of 78.83 against US dollar

Tue, Jun 28, 2022

The rupee plunged by 46 paise to close at record low of 78.83 (provisional) against the US dollar on Tuesday, weighed down by persistent foreign capital outflows and a surge in crude oil prices.

Commodity Superfast: Rupee Declines 43 Paise, Hits Record Low Of 78.77 Against US Dollar

Commodity Superfast: Rupee Declines 43 Paise, Hits Record Low Of 78.77 Against US Dollar

Tue, Jun 28, 2022

Rupee is depreciating continuously against dollar. Rupee weakens by 43 paise to close at 78.77 against dollar. Dollar fell to a low of ₹78.84. Rupee fell 6% from this year's high. The strength of the dollar is putting pressure on the rupee. The dollar index strengthened more than 8% this year. Due to the rise in interest rates in the US, the strength of the dollar increased.

Rupee Vs Dollar: Rupee ends almost flat at 78.34 against US dollar

Rupee Vs Dollar: Rupee ends almost flat at 78.34 against US dollar

Mon, Jun 27, 2022

The rupee slipped 1 paisa to close at its fresh life-time low of 78.34 (provisional) against US dollar on Monday despite a rally in the domestic equity markets.

Rupee settles at all-time low of 78.33 against US dollar

Rupee settles at all-time low of 78.33 against US dollar

Fri, Jun 24, 2022

The rupee on Friday slipped 1 paisa to close at its all-time low of 78.33 (provisional) against the US dollar. At the interbank foreign exchange market, the local currency opened at 78.20 and finally settled at its all-time low of 78.33, down 1 paisa from its previous close.

India suffering from low labor participation rate, rupee depreciating in the world, says RBI Deputy Governor Michael Patra

India suffering from low labor participation rate, rupee depreciating in the world, says RBI Deputy Governor Michael Patra

Fri, Jun 24, 2022

RBI Deputy Governor Michael Patra on Friday said that India is suffering from a low labor participation rate. He said that the depreciation of rupees is the lowest in the world. RBI stands for the stability of the rupee and is defending the rupee against volatility. Zee Business Tarun Sharma's report.

Rupee settles at all-time low of 78.32 against US dollar

Rupee settles at all-time low of 78.32 against US dollar

Thu, Jun 23, 2022

The rupee on Thursday closed at its all-time low of 78.32 (provisional) against the US dollar as strong American currency and persistent foreign fund outflows weighed on investor sentiments.

Rupee Vs Dollar: Rupee plunges by 27 paise to record low of 78.40 against US dollar

Rupee Vs Dollar: Rupee plunges by 27 paise to record low of 78.40 against US dollar

Wed, Jun 22, 2022

The rupee declined by 27 paise to a record low of 78.40 (provisional) against the US dollar on Wednesday due to unabated foreign fund outflows and losses in the domestic equities.

Nifty to slide to 14,500 by year-end, rupee to depreciate to 81: BofA Securities

Nifty to slide to 14,500 by year-end, rupee to depreciate to 81: BofA Securities

Wed, Jun 22, 2022

The rupee slumped 21 paise to a record low of 78.35 against the greenback on Wednesday.

Rupee drops 15 paise to 78.13 against US dollar

Rupee drops 15 paise to 78.13 against US dollar

Tue, Jun 21, 2022

Snapping its three-day rising streak, the rupee declined 15 paise to close at 78.13 against the US dollar on Tuesday as persistent foreign fund outflows and a jump in crude oil prices weighed on investor sentiment.

First tranche of 2022-23 gold bonds to open for subscription on Jun 20

First tranche of 2022-23 gold bonds to open for subscription on Jun 20

Thu, Jun 16, 2022

The first tranche of Sovereign Gold Bond (SGB) for 2022-23 will open for subscription for five days from June 20, the Reserve Bank of India said on Thursday.

Rupee recovers from record low, spurts 12 paise to 78.10 per US dollar

Rupee recovers from record low, spurts 12 paise to 78.10 per US dollar

Thu, Jun 16, 2022

The rupee on Thursday recovered from its record low to close 12 paise higher at 78.10 (provisional) against the American currency, tracking the overnight weakness of the dollar and falling crude oil prices.

Rupee gains 15 paise against US dollar in early trade

Rupee gains 15 paise against US dollar in early trade

Thu, Jun 16, 2022

The US Federal Reserve on Wednesday raised its key interest rate by 75 basis points, the largest hike since 1994, to a range of 1.5-1.75 per cent. It also indicated more rate increases to cool down high inflation.

Irdai reduces solvency margin requirement for crop biz; to unlock Rs 1,400 crore funds

Irdai reduces solvency margin requirement for crop biz; to unlock Rs 1,400 crore funds

Tue, Jun 14, 2022

Regulator Irdai on Tuesday reduced the solvency margin requirement for general insurers providing crop insurance, a decision expected to unlock Rs 1,400 crore of funds for them to undertake more business.

Rupee Drops Beyond 78 Per Us Dollar For First Time, Watch This Video For Details

Rupee Drops Beyond 78 Per Us Dollar For First Time, Watch This Video For Details

Mon, Jun 13, 2022

Rupee sets new record of fall. The price of one dollar reached ₹ 78.28. Rupee fell around 5.25% this year. Why is rupee falling? Will the rupee weaken? Know full details from Neha Anand.

Current account deficit likely to hit three-year high at USD 43.8 billion in FY22

Current account deficit likely to hit three-year high at USD 43.8 billion in FY22

Thu, Jun 09, 2022

The country's current account deficit is likely to hit a three-year high of 1.8 per cent or USD 43.81 billion in FY22, as against a surplus of 0.9 per cent or USD 23.91 billion in FY21, a report said on Thursday.

No change in existing Currency and Banknotes: RBI

No change in existing Currency and Banknotes: RBI

Mon, Jun 06, 2022

The bank clarified that it is not contemplating any change in currency and banknotes by replacing the face of Mahatma Gandhi with the face of others.

Rupee pares initial gains, settles 3 paise lower at 77.63 against USD

Rupee pares initial gains, settles 3 paise lower at 77.63 against USD

Fri, Jun 03, 2022

The rupee pared initial gains and settled 3 paise lower at 77.63 (provisional) against the US dollar on Friday, in line with a muted trend in domestic equities.

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