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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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Indian forex reserves rise by over $3 billion

Indian forex reserves rise by over $3 billion

Sat, Sep 05, 2020

India`s foreign exchange reserves jumped higher by $3.883 billion during the week ended August 28.

Rupee tumbles 16 paise to 73.03 against US dollar

Rupee tumbles 16 paise to 73.03 against US dollar

Thu, Sep 03, 2020

"However, we see that rupee depreciation could be short-lived given the RBI's aim to keep the rupee stronger with a view to control imported inflation. The appreciation limit could largely depend on where the RBI says 'enough is enough' and the overall performance of the US dollar," said Sriram Iyer, Senior Research Analyst, Reliance Securities."

Indian Rupee logs best day in 21 months, bonds plunge on RBI measures

Indian Rupee logs best day in 21 months, bonds plunge on RBI measures

Wed, Sep 02, 2020

It also said the recent appreciation of the rupee is working towards containing imported inflationary pressures, prompting traders to believe the central bank will not be as aggressive in its dollar purchases as in recent months.

Rupee vs US dollar: Indian currency soars 73 paise, breaches 73-mark against USD

Rupee vs US dollar: Indian currency soars 73 paise, breaches 73-mark against USD

Wed, Sep 02, 2020

The Reserve Bank on Monday announced a host of steps, including term repo operations totalling Rs 1 lakh crore in mid-September to ease pressure on liquidity and maintain congenial financial conditions with a view to ensuring sustainable recovery of economic growth.

Rupee drops 21 paise to 73.60 against USD; geopolitical tensions weigh

Rupee drops 21 paise to 73.60 against USD; geopolitical tensions weigh

Tue, Sep 01, 2020

At the interbank forex market, the domestic unit opened on a strong note at 73.26 but lost momentum as the trade progressed and finally ended at 73.60 against the greenback, down 21 paise over its previous close of 73.39.

US dollar dips amid slew of economic data

US dollar dips amid slew of economic data

Wed, Jun 24, 2020

The US dollar weakened in late trading on Tuesday as market participants digested a slew of economic data.

Rupee slips 18 paise to 75.81 against US dollar in early trade

Rupee slips 18 paise to 75.81 against US dollar in early trade

Wed, May 06, 2020

After opening on a weak note, domestic bourses pared the losses and were trading on the positive territory with benchmark Sensex quoting 307.01 points higher at 31,760.52 and broader Nifty rising 86.60 points to 9,292.20.

How low can rupee vs dollar? INR may hit 80-mark if Coronavirus lockdown persists, says Acuite

How low can rupee vs dollar? INR may hit 80-mark if Coronavirus lockdown persists, says Acuite

Mon, Mar 30, 2020

Rupee vs dollar: Indian rupee could see sharper depreciation to over Rs 80 to a dollar if the Covid-19 related disruptions are prolonged and country is to go in for complete lockdown till June end, Acuite Ratings and Research has said in its latest impact analysis report

Rupee vs Dollar: INR may hit all-time low of 75 per USD levels over US, Europe troubles

Rupee vs Dollar: INR may hit all-time low of 75 per USD levels over US, Europe troubles

Wed, Mar 11, 2020

Rupee vs Dollar: Currently, USD to INR spot reference is quoting at 73.80 levels, off 28 paise from the close on Monday.

Coronavirus may pull down Indian rupee to all-time low against US Dollar, say experts

Coronavirus may pull down Indian rupee to all-time low against US Dollar, say experts

Wed, Mar 04, 2020

Indian Rupee may further go down on the Coronavirus spread and in the near future, it may hit its all-time low of Rs 74.47/dollar.

US dollar ticks up on rising risk aversion

US dollar ticks up on rising risk aversion

Wed, Feb 19, 2020

"The Euro is again under selling pressure this morning as it touched a three-year low against the U.S. dollar. The most recent dip lower for the Euro was caused by data out of Germany that showed investor confidence came out weaker than expected," said U.S. foreign exchange payment platform Tempus on Tuesday.

Indian Rupee today: Currency rises 7 paise to 71.21 against US dollar in early trade

Indian Rupee today: Currency rises 7 paise to 71.21 against US dollar in early trade

Wed, Feb 12, 2020

The rupee opened strong at 71.24 at the interbank forex market then gained further ground to touch 71.21 per dollar, displaying gains of 7 paise against the greenback. On Tuesday, the rupee had settled at 71.28 against the US dollar.

In early trade today, Rupee rises 10 paise to 71.21 against US dollar

In early trade today, Rupee rises 10 paise to 71.21 against US dollar

Wed, Jan 29, 2020

Foreign institutional investors (FIIs) remained net sellers in the capital market, as they sold shares worth Rs 1,357.56 crore on Tuesday, according to provisional exchange data. Brent crude futures, the global oil benchmark, rose 1.36 per cent to trade at 60.32 per barrel.

Indian rupee vs US dollar: INR may go down up to 73 on escalating US-Iran standoff

Indian rupee vs US dollar: INR may go down up to 73 on escalating US-Iran standoff

Mon, Jan 06, 2020

Rupee vs Dollar: According to experts, if the US-Iran standoff goes up another level, then the rupee may fall up to Rs 73 per US dollar.

Hindalco Industries share expected to give 32 pct returns in 6 months on weak dollar, US-China trade talks outcome: Experts

Hindalco Industries share expected to give 32 pct returns in 6 months on weak dollar, US-China trade talks outcome: Experts

Mon, Dec 16, 2019

Hindalco Industries share price is expected to hit Rs 275 per stock levels from current Rs 208 on weak dollar, positive hopes in US-China trade talks, say experts.

Dollar near three-week high today as thaw in risk aversion lifts yields

Dollar near three-week high today as thaw in risk aversion lifts yields

Tue, Aug 20, 2019

Risk appetite in global markets has been boosted this week by the prospect of Germany ditching its balanced budget rule to boost spending and China`s interest rate reform plan, which is expected to lower corporate borrowing costs.

Dollar weakens against major rivals amid downbeat data

Dollar weakens against major rivals amid downbeat data

Fri, Aug 02, 2019

The Federal Open Market Committee, the Fed`s rate-setting body, trimmed the target for the federal funds rate by 25 basis points to a range of 2 per cent to 2.25 per cent after concluding its two-day policy meeting Wednesday, in line with market expectation.

INR vs USD: Rupee-dollar deviation to remain stable in July, US Fed rate cut remains a major trigger

INR vs USD: Rupee-dollar deviation to remain stable in July, US Fed rate cut remains a major trigger

Mon, Jul 08, 2019

INR vs USD: Indian rupee has climbed up to Rs 68.5 per US dollar in the Forex market as investors expect a delay in US Fed rate cut post strong US job data.

US rate cuts: Dollar inches higher after Fed curbs dovish enthusiasm

US rate cuts: Dollar inches higher after Fed curbs dovish enthusiasm

Wed, Jun 26, 2019

Interest rate futures traders are now pricing in a 33% chance of a 50 basis point cut at the Fed`s July meeting, down from 38% earlier, while a cut of at least 25 basis points is seen as certain, according to the CME Group`s FedWatch Tool.

A currency war on the way? Donald Trump, Mario Draghi, US dollar in focus - Indian rupee to benefit if US Fed cuts rates further

A currency war on the way? Donald Trump, Mario Draghi, US dollar in focus - Indian rupee to benefit if US Fed cuts rates further

Wed, Jun 19, 2019

The Indian rupee has been appreciating against the US dollar at interbank forex market over the past few days.

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