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INR vs USD Rate Today: Rupee trades below 84 mark vs dollar; check out latest triggers

INR vs USD Rate Today: Rupee trades below 84 mark vs dollar; check out latest triggers

Mon, Oct 14, 2024

Rupee vs Dollar (INR vs USD) Rate Today: The rupee continued to trade below the psychologically important 84 mark against the US dollar on Monday after hitting a record low of 84.10 last week. Read on to learn more about the domestic currency.

Currency update: Rupee rises 4 paise to close at 83.89 against US dollar

Currency update: Rupee rises 4 paise to close at 83.89 against US dollar

Fri, Aug 23, 2024

The Indian rupee strengthened by 4 paise to 83.89 against the US dollar on Friday, supported by weak US dollar, foreign fund inflows, and positive domestic market trends. However, gains were capped by rising crude oil prices.

Currency Market Update: Rupee moves in tight range vs US dollar

Currency Market Update: Rupee moves in tight range vs US dollar

Wed, Aug 07, 2024

At the interbank foreign exchange market, the local unit opened at 83.86 but soon pared the gains to trade at 83.92, unchanged from its previous close.

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Rupee declines by 6 paise to close at 83.50 against US dollar

Rupee declines by 6 paise to close at 83.50 against US dollar

Tue, Jul 02, 2024

The rupee depreciated by 6 paise to 83.50 against the US dollar, influenced by a strong greenback, elevated crude prices, and foreign fund outflows.

India's forex kitty rises by $6.40 billion to $642.50 billion

India's forex kitty rises by $6.40 billion to $642.50 billion

Fri, Mar 22, 2024

India's forex reserves increased by USD 6.396 billion to USD 642.492 billion for the week ended March 15, the Reserve Bank said. In the previous reporting week, the overall reserves had risen by USD 10.47 billion to USD 636.095 billion.

Forex reserves increase USD 591 million to USD 616.7 billion

Forex reserves increase USD 591 million to USD 616.7 billion

Fri, Feb 02, 2024

In the previous reporting week, the overall reserves had dropped from USD 2.795 billion to USD 616.143 billion

Yen slides to multi-decade lows, keeps markets on intervention alert

Yen slides to multi-decade lows, keeps markets on intervention alert

Tue, Nov 14, 2023

The Japanese currency slumped to a 15-year low of 162.38 per euro in early Asia trade and slid to a roughly three-month trough of 186.25 per British pound.

South African rand slightly stronger against muted dollar

South African rand slightly stronger against muted dollar

Wed, Oct 25, 2023

The dollar last traded around 0.02 per cent weaker against a basket of global currencies.

Rupee weakens by 24 paise to end at 82.25 against US dollar

Rupee weakens by 24 paise to end at 82.25 against US dollar

Wed, Jul 05, 2023

During the day, the rupee touched a high of 82.05 and a low of 82.25 against the greenback.

India extends USD 1 billion credit line to Sri Lanka for another year

India extends USD 1 billion credit line to Sri Lanka for another year

Tue, May 30, 2023

India on Tuesday extended its under-utilised USD 1 billion credit line to Sri Lanka for another year to help the island nation hit hard by an unprecedented economic crisis procure much-needed food, medicine and other essential items.

Rupee rises 3 paise to 81.96 against US dollar in early trade

Rupee rises 3 paise to 81.96 against US dollar in early trade

Tue, Apr 11, 2023

The dollar index, which compares the value of the dollar to other six currencies also, was last trading 0.22 per cent lower at 102.35. The index compares the dollar to the yen, the pound, the Canadian dollar, the Swedish krona, the Swiss franc, and the euro.

India, Australia agree for early conclusion of talks to expand trade pact; eye US $100-billion trade

India, Australia agree for early conclusion of talks to expand trade pact; eye US $100-billion trade

Sat, Mar 11, 2023

On December 29, last year India and Australia implemented an economic cooperation and trade agreement (ECTA) and are now negotiating to expand its scope for a comprehensive economic cooperation agreement (CECA).

Rupee vs US Dollar: Indian currency slips 2 paise to 82.77 against $

Rupee vs US Dollar: Indian currency slips 2 paise to 82.77 against $

Mon, Dec 19, 2022

At the interbank foreign exchange, the domestic unit opened weak at 82.80 against the dollar, then gained some ground to quote 82.77

GMR Hyderabad International Airport plans to raise Rs 1,250 crore via NCDs to prepay maturing USD bonds

GMR Hyderabad International Airport plans to raise Rs 1,250 crore via NCDs to prepay maturing USD bonds

Sun, Dec 04, 2022

GHIAL had a debt of Rs 7,050 crore as on September 30, 2022 which consisted of bonds of USD 950 million. The USD bonds have bullet maturities in April 2024, February 2026 and October 2027, the rating agency said.

Rupee Vs Dollar: Will rupee see further lows and where is it headed? Experts decode

Rupee Vs Dollar: Will rupee see further lows and where is it headed? Experts decode

Wed, Oct 19, 2022

Expert Anuj Gupta said that he did not read to much from today's lows, citing that the weakness was on account of higher demand for USD in the domestic market ahead of the long festive holidays

Rupee Vs Dollar: Buy 27 October USDINR futures for this target for gains, expert says

Rupee Vs Dollar: Buy 27 October USDINR futures for this target for gains, expert says

Thu, Oct 06, 2022

The 27 October USDINR futures ended at 82.3825 on the NSE on Thursday, up by 0.58 paise or 0.70 per cent from the last closing price of 81.8075. It hit the intraday high of 82.4400

US starts fiscal year with record $31 trillion in debt

US starts fiscal year with record $31 trillion in debt

Wed, Oct 05, 2022

Nation's gross national debt has surpassed USD31 trillion

Rupee ‘held back very well’ among peers against USD; RBI & Finance Ministry watching developments, says Sitharaman

Rupee ‘held back very well’ among peers against USD; RBI & Finance Ministry watching developments, says Sitharaman

Sun, Sep 25, 2022

FM also asked a reporter to do a study on how the other currencies are behaving against the US dollar in the latest round of depreciation.

Rupee falls to new all-time low as dollar index hits 20-year high

Rupee falls to new all-time low as dollar index hits 20-year high

Thu, Sep 22, 2022

At the interbank foreign exchange market at 12.30 p.m., rupee was trading at 80.71 against the dollar, which was sharply lower than its previous close

RBI turns net seller of US currency in June; sells USD 3.719 billion

RBI turns net seller of US currency in June; sells USD 3.719 billion

Thu, Aug 18, 2022

In the reporting month, the central bank purchased USD 18.96 billion from the spot market and sold USD 22.679 billion, according to the RBI monthly bulletin for August 2022 released on Thursday

US Fed Meeting Live Updates: Recession vs No recession debate heats-up as US reports 0.9% contraction for April-June quarter

Tue, Jul 26, 2022

US Fed Meeting Live Updates: The July Federal Open Market Committee of the US Federal Reserve begins today. The outcome of the two-day meeting will be announced late on Wednesday by Chairman Jerome Powell. The meeting began at 11:30 pm India time (2 PM Washington, DC).

What Is The Connection Of USD-INR With IT Companies?

What Is The Connection Of USD-INR With IT Companies?

Mon, Jul 18, 2022

What is the connection of USD-INR with IT? How much does IT benefit from a strong dollar? Are IT companies in focus? What is the dollar-rupee connection in the income of IT companies? Know full details from Arman Nahar.

Investors in USDINR futures can rejoice even as rupee hits new lows daily; INR likely to test 81 against greenback in July

Investors in USDINR futures can rejoice even as rupee hits new lows daily; INR likely to test 81 against greenback in July

Thu, Jul 14, 2022

Rupee Vs Dollar: Indian Rupee’s weakness against greenback was on display on Thursday as the INR hit lows of 79.90 against the US Dollar. The outlook remains weak and it could test levels around 81 in the July series, opines currency analyst Anuj Gupta

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