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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 inches 6 paise lower at 78.04 against US dollar

Rupee inches 6 paise lower at 78.04 against US dollar

Tue, Jun 21, 2022

Global oil benchmark Brent crude futures fell 0.91 per cent to USD 115.17 per barrel

Dollar takes breather ahead of U.S. inflation test

Dollar takes breather ahead of U.S. inflation test

Fri, Jun 10, 2022

The dollar edged off a two-week high on the euro on Friday, ahead of inflation data that should guide the Federal Reserve`s policy tightening path, and after the European Central Bank said it would start its rate-hike campaign next month

Dollar slips, euro gains ahead of ECB announcement

Dollar slips, euro gains ahead of ECB announcement

Wed, Jun 08, 2022

European Central Bank (ECB) is expected to take a hawkish stance, with interest rate hikes to begin in July as traders price in 75 basis points of hikes by September

Dollar set for biggest weekly drop in nearly 4 months as rate bets cool

Dollar set for biggest weekly drop in nearly 4 months as rate bets cool

Fri, May 27, 2022

The dollar was set for its biggest weekly drop in nearly four months as traders lowered Federal Reserve rate hike expectations amid signs the U.S. central bank might slow or even pause its tightening cycle in the second half of the year

Rupee skids 17 paise to record low of 77.61 against USD

Rupee skids 17 paise to record low of 77.61 against USD

Wed, May 18, 2022

The rupee declined by 17 paise to close at its fresh lifetime low of 77.61 against the US dollar on Wednesday amid unabated foreign fund outflows and concerns over aggressive rate hikes by the US Federal Reserve to tame inflation

Rupee Vs Dollar: INR bounces back after hitting all-time lows on Monday; Motilal Oswal recommends Sell in 27 May USDINR futures

Rupee Vs Dollar: INR bounces back after hitting all-time lows on Monday; Motilal Oswal recommends Sell in 27 May USDINR futures

Tue, May 10, 2022

India Rupee bounced back on Tuesday against the US Dollar in early trade. It was up around 20 paise and was trading around 77.24 against the greenback. The strength was on account of improved sentiments in the domestic equity markets and receding global crude prices

Indian Rupee plummets 60 paise to close at all-time low of 77.50 against USD

Indian Rupee plummets 60 paise to close at all-time low of 77.50 against USD

Mon, May 09, 2022

Forex traders said risk appetite has weakened amid mounting concerns about inflation that may trigger more aggressive rate hikes by global central banks

Dollar towers at two-decade high on growth woes, Fed outlook

Dollar towers at two-decade high on growth woes, Fed outlook

Fri, Apr 29, 2022

The dollar held firm at a 20-year high on Friday and was poised to score its best monthly gain in a decade, buoyed by bets on rising U.S. interest rates and doubts about growth in Europe and China.

U.S. dollar hits highest in nearly two years on expected rate increases

U.S. dollar hits highest in nearly two years on expected rate increases

Thu, Apr 07, 2022

The dollar surged to a nearly two-year high on Wednesday after minutes of the last Federal Reserve meeting reinforced expectations of multiple half percentage-point rate increases to control soaring inflation.

Rupee surges 16 paise to 76.27 against US dollar in early trade

Rupee surges 16 paise to 76.27 against US dollar in early trade

Fri, Mar 11, 2022

At the interbank foreign exchange, the rupee opened at 76.34 against the US dollar, then gained momentum and touched 76.27, registering a gain of 16 paise from the previous close

Rupee hits lifetime low at 76.96 versus USD; analyst sees target of 78, recommends BUY in USDINR futures

Rupee hits lifetime low at 76.96 versus USD; analyst sees target of 78, recommends BUY in USDINR futures

Mon, Mar 07, 2022

Ongoing Russia-Ukraine conflict has had a detrimental impact on the Indian Rupee and the situation is likely to aggravate from here, expert Anuj Gupta, opines. He sees a further weakness in the INR against the green back and expects rupee to hit Rs 78 versus the US Dollar. The view is for the month of March

Indian Rupee gains 18 paise to 75.62 against US dollar in early trade

Indian Rupee gains 18 paise to 75.62 against US dollar in early trade

Thu, Mar 03, 2022

The rupee appreciated 18 paise to 75.62 against the US dollar in opening trade on Thursday, tracking positive domestic equities

Indian Rupee slumps 49 paise to 75.82 against US dollar in early trade amid foreign fund outflows, lacklustre equities

Indian Rupee slumps 49 paise to 75.82 against US dollar in early trade amid foreign fund outflows, lacklustre equities

Wed, Mar 02, 2022

The rupee declined 49 paise to 75.82 against the US dollar in opening trade on Wednesday amid a weak risk appetite as tensions escalated in Eastern Europe.

Rupee rebounds 32 paise to 75.28 against US dollar in early trade tracking positive domestic equities

Rupee rebounds 32 paise to 75.28 against US dollar in early trade tracking positive domestic equities

Fri, Feb 25, 2022

The local currency opened on a strong note at 75.31 to a dollar at the interbank foreign exchange market and inched higher to 75.28, registering a gain of 32 paise over its previous close

Indian Rupee plummets 55 paise to 75.16 against US dollar amid Russia's military operation in Ukraine

Indian Rupee plummets 55 paise to 75.16 against US dollar amid Russia's military operation in Ukraine

Thu, Feb 24, 2022

Rupee declined 55 paise to 75.16 against the US dollar in opening trade on Thursday, amid weak risk appetite after Russian President Vladimir Putin announced a military operation in Ukraine

Rupee surges 23 paise to close at 75.09 against USD

Rupee surges 23 paise to close at 75.09 against USD

Wed, Feb 16, 2022

At the interbank forex market, the local unit opened at 75.24 against the greenback and witnessed an intra-day high of 74.96 and a low of 75.24. It finally settled at 75.07, a rise of 25 paise over its previous close

Rupee slumps 17 paise to 3-week low against US dollar on geo-political worries

Rupee slumps 17 paise to 3-week low against US dollar on geo-political worries

Mon, Jan 24, 2022

Forex traders said the strength of the American currency in the overseas market and weak appetite for riskier assets also dragged down the local unit

Dollar dips on Friday with US Treasury yields but still up for week; bitcoin falls

Dollar dips on Friday with US Treasury yields but still up for week; bitcoin falls

Sat, Jan 22, 2022

Expectations that the Fed will tighten monetary policy at a faster pace than previously anticipated had driven a rise in yields and the dollar earlier this week, and the U.S. dollar index was set for biggest weekly percentage gain since mid-December

Dollar dips as Treasury yields stall, commodity currencies gain

Dollar dips as Treasury yields stall, commodity currencies gain

Thu, Jan 20, 2022

Dollar dipped on Thursday as this week`s rally in U.S. Treasury yields paused, and commodity-linked currencies such as the Canadian and Australian dollars gained amid rises in commodity prices and optimism about global economic growth

Global Stock Markets: Stocks stumble, yields jump on rates outlook; oil rallies

Global Stock Markets: Stocks stumble, yields jump on rates outlook; oil rallies

Sat, Jan 15, 2022

Global stock markets stumbled again on Friday and U.S. Treasury yields climbed as cautious investors worried about how imminent U.S. interest rate hikes would affect the economy

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