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RUPEE VS DOLLAR TODAY
Rupee jumps 177 paise in 2 days against dollar after RBI's strong defence before Rs 97 goal post. What lies ahead?The Indian rupee strengthened 177 paise against the US dollar in two days to 94.06 following aggressive RBI market interventions. Key steps...
New FX curbs sow confusion, bankers await clarity on dealing rupee derivativesBankers are interpreting the new foreign-exchange regulations in India broadly, especially regarding cash-margin requirements related to ru...
Rupee jumps 82 paise to 94.96 against US dollar in early tradeIn early trading, the rupee appreciated by 82 paise against the US dollar, hitting 94.96, thanks to strategic moves by the Reserve Bank of ...
Rupee jumps 1% as RBI curbs dollar demandThe rupee rallied nearly 100 paise or 1% to 95.77 against the US dollar on Monday, bouncing back from a near all-time low after the RBI cla...
Rupee rebounds nearly 1% after RBI moves to curb speculative tradesThe rupee rebounded nearly 1% to 95.77 per dollar on Monday after the RBI announced measures to curb speculative currency trades. A special...
RBI measures, intervention spark rupee's sharpest rally in six monthsOn Monday, the Indian rupee gained about 1% after the Reserve Bank of India announced measures to curb dollar demand. Oil companies' dollar...
Rupee stages stunning ₹1 comeback against dollar: What’s the RBI’s 4-step shock therapy and how long can it last?The Indian rupee gained against the US dollar after the Reserve Bank of India announced several intervention measures. These actions aimed ...
Rupee climbs 1% to 95.76 vs USD after RBI moves to curb dollar demandThe rupee surged 1% to 95.76 against the dollar at Monday’s open after the RBI introduced measures to curb dollar demand and speculative ac...
Indian central bank curbs to temper corporate rush to hedge against rupee weaknessIn response to the climbing oil prices and a declining rupee, the Reserve Bank of India has initiated fresh strategies aimed at economic st...
RBI to meet daily dollar needs of 3 state-run oil firms to ease rupee pressureThe Reserve Bank of India has stepped in to support three prominent oil firms: Indian Oil, Bharat Petroleum, and Hindustan Petroleum, as th...
India’s rupee defence raises question of how far RBI will goThe Reserve Bank of India implemented strong measures to stabilise the rupee as external pressures intensify. This includes opening a dolla...
RBI tightens rules for forex bets to shield bruised rupeeThe Reserve Bank of India has tightened regulations on foreign exchange derivatives to stabilize the rupee's value. New measures include st...
RBI steps in to support rupee as currency nears record low; tightens forex rulesThe Reserve Bank of India has announced new measures aimed at stabilizing the rupee's value in foreign exchange markets. These measures inc...
Rupee recovers to 96.73 vs US dollar after RBI intervention, but dollar demand persistsThe rupee edged up to 96.73 per dollar after heavy RBI intervention helped it recover intraday. Persistent corporate dollar demand, a 7% ye...
RBI rate hike will not stem outflows, leaving central bank in a bindIndia’s first RBI rate hike in four years may not stop record capital outflows or ease pressure on the rupee, which has fallen 7% this year...
RBI likely intervened near open to support rupee, traders sayIn a decisive action on Thursday, the Reserve Bank of India reportedly offloaded dollars at the market's start to enhance the rupee's stand...
Markets can be irrational in the short run: What RBI Governor Sanjay Malhotra said as rupee nears lifetime lowThe rupee neared its record low after the RBI raised the repo rate to 5.50%. Governor Sanjay Malhotra said the currency may be undervalued,...
Rupee loses 13 paise to close at 96.42 per US dollarThe rupee weakened 13 paise to close at 96.42 against the dollar, its weakest level in over two months, pressured by persistent foreign inv...
Rupee edges higher as traders await RBI policy decision on ratesThe rupee ended marginally stronger at 96.2925 against the dollar, supported by lower Brent crude prices and improved sentiment. The curren...
Indian rupee rebounds to 95.83 vs US dollar as crude prices easeThe rupee strengthened 0.16% to 95.83 against the dollar, recovering from morning weakness as crude prices eased below $103 a barrel. Dolla...