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Rupee vs Dollar: Domestic Currency hits record low against US Dollar in afternoon trade

Rupee vs Dollar: Domestic Currency hits record low against US Dollar in afternoon trade

Thu, Nov 21, 2024

Rupee Vs Dollar: The rupee hit a record low against the US dollar in the second half of trading. The domestic currency opened at 84.42 against the US dollar and later plunged to a record low of 84.46 per dollar, marking a significant decline.

Rupee gains 1 paisa to 84.06 against US dollar in early trade

Rupee gains 1 paisa to 84.06 against US dollar in early trade

Mon, Oct 21, 2024

The rupee showed a recovery from its lower level and gained marginally by 1 paisa to 84.06 against the US dollar in early trade on Monday, tracking positive cues from domestic equity markets and a soft American currency.

Currency Market News, October 17: Rupee trades in narrow range vs dollar

Currency Market News, October 17: Rupee trades in narrow range vs dollar

Thu, Oct 17, 2024

The rupee opened at 84.01 against the greenback at the interbank foreign exchange.

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US dollar falls, but off four-week lows, as Fed signals more rate hikes

US dollar falls, but off four-week lows, as Fed signals more rate hikes

Thu, Jun 15, 2023

The dollar index was last down 0.3% at 103.01 after hitting a four-week low of 102.66 in the session.

Rupee Vs Dollar (June 9): Rupee rises 5 paise to 82.46 against US dollar

Rupee Vs Dollar (June 9): Rupee rises 5 paise to 82.46 against US dollar

Fri, Jun 09, 2023

Rupee Vs Dollar (June 9): The rupee gained 5 paise to 82.46 against the US dollar in early trade on Friday amid positive trends in equities markets. Forex traders said falling crude price and inflow of foreign fund in domestic equities markets also provided support to the Indian currency.

Dollar index dips after data shows US jobless claims rose more than expected

Dollar index dips after data shows US jobless claims rose more than expected

Fri, Jun 09, 2023

The dollar index, which measures the currency against six major peers, was down 0.67% to 103.33 and got as low as 103.29, the lowest since May 23.

Rupee Vs Dollar: Rupee rises 7 paise to 82.56 against US dollar

Rupee Vs Dollar: Rupee rises 7 paise to 82.56 against US dollar

Tue, Jun 06, 2023

Rupee Vs Dollar: Rupee is trading in a narrow range as market participants are vigilant ahead of the RBI's monetary policy later this week. RBI is expected to leave the repo rate unchanged at 6.5 per cent.

Dollar wallows as June Fed bets ebb, debt ceiling deal close

Dollar wallows as June Fed bets ebb, debt ceiling deal close

Fri, Jun 02, 2023

Philadelphia Fed President Patrick Harker said on Thursday that “it’s time to at least hit the stop button for one meeting and see how it goes,” referring to the June 13-14 meeting.

US Dollar index hits 2-month high on resilient US economy, unease over debt ceiling talks

US Dollar index hits 2-month high on resilient US economy, unease over debt ceiling talks

Thu, May 25, 2023

The dollar index, which tracks the U.S. currency against six major peers, earlier hit 103.91, its highest since March 20. The index last rose 0.319% at 103.86.

Rupee falls 18 paise to close at 82.85 against US dollar

Rupee falls 18 paise to close at 82.85 against US dollar

Mon, May 22, 2023

The rupee fell 18 paise to close at 82.85 (provisional) against the US dollar on Monday, weighed down by a strong greenback in the overseas market. However, a firm trend in domestic equities and sliding crude prices in international markets restricted the rupee's loss, forex traders said.

Dollar on defensive after dovish Powell, debt ceiling setback

Dollar on defensive after dovish Powell, debt ceiling setback

Mon, May 22, 2023

The dollar index, which measures the U.S. currency against six major peers, edged 0.04per cent lower to 103.00, after reaching 103.63 last week for the first time since March 20.

US dollar skids as Fed's Powell hints at June pause, debt ceiling talks stall

US dollar skids as Fed's Powell hints at June pause, debt ceiling talks stall

Sat, May 20, 2023

The dollar index fell 0.4% to 103.08, after hitting seven-week peaks the previous session. On the week, the dollar posted a 0.6% gain. The euro rose 0.3% to $1.0806, posting a weekly fall of 0.8%.

Rupee falls 5 paise to close at 82.67 against US dollar

Rupee falls 5 paise to close at 82.67 against US dollar

Fri, May 19, 2023

The rupee fell 5 paise to close at 82.67 (provisional) against the US currency on Friday, weighed down by a strong greenback overseas and surging crude prices in the international market.

US dollar hits seven-week high, bolstered by data, debt ceiling hopes

US dollar hits seven-week high, bolstered by data, debt ceiling hopes

Fri, May 19, 2023

The dollar index, a measure of the greenback's value against six major currencies, touched a new seven-week high of 103.63, and was last up 0.7% at 103.56.

Dollar on rates-watch as traders wait on loans data

Dollar on rates-watch as traders wait on loans data

Mon, May 08, 2023

U.S. interest rate futures are pricing about a one-third chance of a rate cut as soon as July, according to the CME FedWatch tool - even though stronger-than-forecast U.S. jobs data released on Friday suggests that might be premature.

How De-Dollarisation Is Sparking Global Economic Shift

How De-Dollarisation Is Sparking Global Economic Shift

Mon, May 01, 2023

De-Dollarisation could potentially undermine the economic power of the US, but it also presents challenges and potential costs for developing countries. Watch this video to know more about the growing trend of de-dollarisation, as countries like China, Russia, and Brazil aim to reduce their reliance on the US dollar in international trade and reserves.

Rupee moves in narrow range against US dollar in early trade

Rupee moves in narrow range against US dollar in early trade

Mon, Apr 24, 2023

At the interbank foreign exchange, the rupee opened at 82.08 against the dollar. It touched an early high of 82.05 in initial deals.

Crude oil falls 2% on recession fears, swelling US fuel stocks

Crude oil falls 2% on recession fears, swelling US fuel stocks

Fri, Apr 21, 2023

Brent crude futures settled at $81.10 a barrel, shedding $2.02, or 2.4%. West Texas Intermediate crude (WTI) futures settled at $77.29 a barrel, losing $1.87, or 2.4%.

From global cues to macro data, 10 things to know before market opens today

From global cues to macro data, 10 things to know before market opens today

Tue, Apr 18, 2023

On Monday, the BSE Sensex tanked 520.25 points or 0.86 per cent to settle at 59,910.75 and NSE Nifty fell 121.15 points or 0.68 per cent to finish at 17,706.85.

Crude oil prices drop 2% on strong US dollar and interest rate concerns

Crude oil prices drop 2% on strong US dollar and interest rate concerns

Tue, Apr 18, 2023

The US dollar index has been strengthening alongside interest rate hikes, making dollar-denominated oil more expensive for holders of other currencies. It gained around 0.6 per cent on Monday.

Rupee Strengthens Further Against Dollar, Below 82/$

Rupee Strengthens Further Against Dollar, Below 82/$

Wed, Apr 05, 2023

The rupee maintained its upward trend on Wednesday, gaining to a three-week high. During the trading session, the rupee touched a high of 81.92 against the dollar.

Pakistan rupee falls all-time low against US dollar

Pakistan rupee falls all-time low against US dollar

Tue, Apr 04, 2023

Pakistan's loan programme is yet to materialise months after it raised taxes and energy prices and allowed the currency to depreciate to meet IMF's conditions. The nation has missed multiple deadlines to resume its bailout.

Rupee may appreciate towards 79 vs dollar by March 2024: UBS Securities

Rupee may appreciate towards 79 vs dollar by March 2024: UBS Securities

Tue, Apr 04, 2023

The ongoing global crisis has led to major repricing in global rates volatility and commodities, especially oil. The agency estimates crude price to average at USD 80/barrel in FY24 down from USD 95 a barrel in FY23.

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