Not just US dollar, Indian rupee has tanked up to 25% across 9 major currencies in 1 yearThe Indian rupee has seen a significant decline against most global currencies, not just the US dollar. This broad-based weakness is driven...
Rupee record fall explained: What's weighing the currency and where is it headed?Indian rupee hits low of 95.33 per dollar as surging crude oil prices and foreign outflows intensify economic pressures. Inflation risks, w...
Rupee slips to 94.47 per dollar with oil-sensitive Asia FX, state-run banks' dollar sales cushionThe Indian rupee weakened against the dollar on Tuesday, falling to 94.47 as rising oil prices and stalled energy flows through the Strait ...
'Show me the papers', bankers tell cos to guard against any FEMA violations falloutIndian banks are now requiring corporates to provide documentation for dollar forward transactions. This move follows recent currency volat...
RBI moves to curb rupee volatility after sharp FY26 slideThe Reserve Bank of India is tightening oversight of foreign-exchange markets and non-deliverable forward (NDF) norms to curb rupee volatil...
Super hawkish Fed may drive USDINR higher; RBI may go for 50-bps rate hikeUSDINR has crossed above 81 in the spot market, a fresh all-time high. The up move in the USDINR pair was basically a result of a couple of...
Rupee slips by 1 paisa to end at 73.32 against dollarThe domestic currency has lost 52 paise in the seven trading sessions to Wednesday.
Rupee slips 1 paisa to close at 73.07 against US dollarAt the interbank foreign exchange market, the rupee opened at 72.97 per dollar as against its previous close of 73.06.
Rupee slips 5 paise to close at 72.74 against US dollarAt the interbank forex market, the local unit opened at 72.90 against the greenback and witnessed an intra-day high of 72.72 and a low of 7...
Rupee slips 3 paise to settle at 73.07 against US dollarIt finally finished at 73.07, lower by 3 paise over its last close.
Rupee to end 2020 on a bullish noteRupee has been a laggard in 2020, as the currency did not appreciate much despite record inflows.
Rupee opens 29 paise down at 73.63 against dollarOn the domestic front, market participants will be keeping an eye on the industrial production number, and a weaker-than-expected economic ...
Rupee gains 3 paise up at 74.82 against dollarData showed inflation rose for the fourth straight month in July as costs of some food articles and transportation remained high.
Rupee slips 5 paise on strong dollar, border tensionsThe domestic unit opened the day at 75.75 per dollar against the previous close of 75.72.
Rupee opens 2 paise lower against dollar at 64.91The local currency on Monday plunged 34 paise to end at a fresh seven-week low of 64.89 against the US currency.
Rupee opens 8 paise lower at 64.63 against dollarThe rupee opened 8 paise lower at 64.63 against dollar due to buying of American currency by banks and importers.
Rupee opens 4 paise down at 65.07 against dollar“The USDINR spot is likely to trade in a rangebound manner," said Angel Broking.