Wed, Dec 18, 2024
At the interbank foreign exchange, the rupee opened at 84.92 against the greenback, and touched 84.95 during intra-day trade. The unit finally ended the session lower by 3 paise at an all-time low closing level of 84.94 (provisional) against the dollar.
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Tue, Dec 17, 2024
The RBI monitors key developments across the globe which may have an impact on USD-INR exchange rate, said Minister of State for Finance Pankaj Chaudhary.
Mon, Nov 25, 2024
Stocks to Buy: In Asian markets, Seoul and Tokyo were trading higher while Shanghai and Hong Kong were quoting lower.
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.
Thu, Oct 10, 2024
Currency Market Update: Rupee depreciated 2 paise to close at 83.98 against the US dollar on Thursday amid sustained foreign fund outflows and elevated crude oil prices. However, a marginal decline in the value of the greenback against overseas currencies, and rise in the domestic equity market supported the local unit and prevented further slide in the domestic unit, forex traders said.
Mon, Oct 07, 2024
At the interbank foreign exchange, the rupee opened at 83.96 against the US dollar and touched an intra-day high of 83.95 and a low of 83.99.
At the interbank foreign exchange, the rupee opened at 83.96 against the US dollar, 3 paise higher from its previous close of 83.99. It then declined 1 paisa to 83.97, higher by 2 paise from Friday's close.
Fri, Oct 04, 2024
Forex traders said a weak American currency against major Asian rivals as well as RBI's move to sell dollars supported the local unit. However, it was weighed down by weak domestic equity markets and unabated outflow of foreign funds.
Thu, Oct 03, 2024
Currency Market Update: Rupee depreciated 14 paise to settle at 83.96 (provisional) against the US dollar on Thursday, as volatile geopolitical situation triggered a surge in crude oil prices and weighed down by a steep fall of over two per cent in domestic equity markets.
Mon, Sep 30, 2024
At the interbank foreign exchange, the local unit opened at 83.72 and hit the intra-day low of 83.81 against the greenback during the session. The unit finally settled at 83.80 (provisional) against dollar, registering a loss of 11 paise from its previous closing level.
Tue, Sep 24, 2024
Currency Market Update: The rupee depreciated 9 paise to close at 83.63 against the American currency, weighed down by a muted trend in domestic equities and rising crude oil prices.
Mon, Sep 23, 2024
The Indian currency has been on a recovery path since September 11 when it had settled at 83.99 against the American currency, a tad higher than the lowest level of 84.09 recorded on August 5.
Fri, Sep 20, 2024
Thu, Sep 19, 2024
Currency Market Update: The rupee strengthened by 10 paise to hit its two-month high level of 83.66 against the US dollar on Thursday after the US Federal Reserve cut the benchmark interest rate by 0.50 per cent, boosting investors' sentiment.
Mon, Sep 16, 2024
Forex traders said market participants are eagerly awaiting cues from the US Fed policy on Wednesday, with a rate cut all but certain. However, the magnitude of the cut remains uncertain.
Wed, Sep 11, 2024
Currency Market Update: The rupee witnessed range-bound trade and settled for the day on a flat note at 83.98 (provisional) against US dollar on Wednesday as the support from the lower level of crude oil prices and soft US dollar was negated by a weak trend in domestic equities.
Tue, Sep 10, 2024
Currency Market Update: The rupee traded in a narrow range on Tuesday and depreciated 2 paise to close at 83.97 (provisional) against the American currency, weighed down by the strengthening of the American currency in the overseas market.
Mon, Sep 09, 2024
At the interbank foreign exchange market, the local unit moved in a narrow range. It opened at 83.96 against the American currency and touched 83.85 in initial trade. It was later trading at 83.95 against the greenback, unchanged from its previous close.
Wed, Sep 04, 2024
The dollar index, which gauges the greenback's strength against a basket of six currencies, was down 0.14 per cent to 101.67.
Tue, Sep 03, 2024
Currency Market Update: The rupee declined 5 paise to 83.96 (provisional) against the US dollar on Tuesday, tracking a strong greenback against major currencies overseas and a sluggish trend in domestic equities.
Mon, Sep 02, 2024
At the interbank foreign exchange market, the local unit opened 2 paise lower at 83.87 against the American currency and inched up to touch Friday's closing rate of 83.85 before slipping again. Currency traders are awaiting the PMI manufacturing data set to be released later in the day.
Fri, Aug 30, 2024
At the interbank foreign exchange market, the local unit opened at 83.83, then gained ground to touch 83.82, registering a rise of 7 paise from its previous close.
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