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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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Rupee falls 27 paise to 69.70 against US dollar in early trade

Rupee falls 27 paise to 69.70 against US dollar in early trade

Wed, Jan 02, 2019

Forex traders said sustained foreign fund outflows also weighed on the local unit. However, lower crude oil prices capped the losses.

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.

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 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 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.

Rupee falls 54 paise, touches 71 level against US dollar

Rupee falls 54 paise, touches 71 level against US dollar

Thu, Dec 06, 2018

The rupee depreciated by 54 paise and hit the 71 per dollar mark in early trade Thursday amid strengthening American currency and weak opening in the domestic equity market.

More trouble ahead for bruised Indian rupee: Poll

More trouble ahead for bruised Indian rupee: Poll

Wed, Dec 05, 2018

While a sharp drop in oil prices should help the slowing economy and the rupee, concerns will also persist over sluggish domestic demand which weighed more heavily on July-September growth than expected.

Rupee open: Indian currency rises 10 paise against US dollar to 71.87

Rupee open: Indian currency rises 10 paise against US dollar to 71.87

Fri, Nov 16, 2018

The rupee firmed 10 paise to 71.87 against the US dollar Friday on increased selling of the US currency by exporters and banks.

Alert! Bear market in US? Billionaire Steve Cohen paints doomsday scenario, returns to dry up

Alert! Bear market in US? Billionaire Steve Cohen paints doomsday scenario, returns to dry up

Thu, Nov 15, 2018

US benchmark S&P 500 index has gained by 1% compared to nearly 11.5% decline witnessed in exchange-traded fund which are designed to measure equity market performance outside US.

Indian rupee recovers 22 points to close at 72.67 against US dollar on easing crude prices, positive macroeconomic data

Indian rupee recovers 22 points to close at 72.67 against US dollar on easing crude prices, positive macroeconomic data

Tue, Nov 13, 2018

At the Interbank forex market, the domestic unit opened with strength at 72.81 and advanced to a high of 72.51 in day trade. Rupee finally settled at 72.67, showing a gain of 22 paise or 0.30 per cent over the last close.

Gold edges down as Federal Reserve interest rate view strengthens dollar

Gold edges down as Federal Reserve interest rate view strengthens dollar

Fri, Nov 09, 2018

The Fed`s statement on Thursday overall reflected little change in its outlook for the economy since its last policy meeting in September. Inflation remained near its 2 percent target, unemployment fell, and risks to the economic outlook were still felt to be "roughly balanced."

Gold dips to one-week low; investors await Fed rate call

Gold dips to one-week low; investors await Fed rate call

Thu, Nov 08, 2018

Gold prices fell to their lowest in a week on Thursday as the dollar and stocks rose, while investors digested the U.S. midterm election results and turned their focus to the Federal Reserve`s monetary policy decision due later in the day.

Rated Indian companies, banks can withstand sharp rupee depreciation: S&P

Rated Indian companies, banks can withstand sharp rupee depreciation: S&P

Mon, Nov 05, 2018

S&P Global Ratings Monday said most of its rated Indian companies and banks can withstand the recent sharp depreciation in the rupee, but a deep and sustained decline could squeeze their margins.

Indian rupee set to shock further, create more history, of the negative kind

Indian rupee set to shock further, create more history, of the negative kind

Mon, Nov 05, 2018

With global crude prices remaining elevated, the Indian rupee is likely to be under pressure, and may touch the 76 level against the US currency over the next three months, says a report.

India Inc's investment in overseas ventures drop 47% to $ 1.54 bn in Sep

India Inc's investment in overseas ventures drop 47% to $ 1.54 bn in Sep

Mon, Oct 29, 2018

Indian companies' investment in their overseas ventures fell by 47 per cent to USD 1.54 billion in September 2018, Reserve Bank data showed.

Rupee vs dollar: Will Indian currency depreciate further? Find out

Rupee vs dollar: Will Indian currency depreciate further? Find out

Mon, Oct 29, 2018

The rising US bond yields have caused huge volatility and ripples across global financial markets leading to outflows from equity and debt markets in the emerging markets.

JSW Steel to pump in USD 150 mn in first tranche to set up Texas plant

JSW Steel to pump in USD 150 mn in first tranche to set up Texas plant

Sun, Oct 28, 2018

Sajjan Jindal-led JSW Steel Sunday said it will pump in USD 150 million (approximately Rs 1,000 crore) in the first tranche to set up its new steel facility in Texas, US.

Rupee vs US dollar: Indian currency strengthens by 8 paise to 73.24 in early trade

Rupee vs US dollar: Indian currency strengthens by 8 paise to 73.24 in early trade

Mon, Oct 22, 2018

The Indian rupee strengthened by 8 paise to 73.24 against the dollar in early trade Monday on increased selling of the US currency by exporters and banks amid easing crude prices.

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