Rupee slumps to life-time low of 83.66 against dollar

[ad_1] The rupee declined on Thursday to a record intra-day low and also closed at an all-time low due to equity related outflows and importer demand even as the dollar gained strength against most Asian currencies.Intra-day, the rupee declined to...

Rupee Today: Rupee slips 17 paise to settle at over 2-month low of 83.61 against US dollar

[ad_1] The rupee plunged 17 paise to settle at over two-month low level of 83.61 (provisional) against the US dollar on Thursday amid surging crude oil prices due to renewed geopolitical tensions in the Middle East, even though the domestic...

Column | When the rupee ruled

[ad_1] A selection of rupees from Sher Shah Suri’s and Akbar’s mints, and the East India Companies. As India’s instant payment tech, UPI, conquers new international markets, it evokes a sense of déjà vu in those of us who study...

Rupee drops to 83.48 against dollar in early trade

[ad_1] Forex traders noted that despite the continuous influx of foreign capital, the local unit initially resisted the decline but eventually succumbed to pressure, influenced by a subdued domestic equity market trend. Published Date - 20 June 2024, 01:00 PM...

Currency market today: Rupee slips 1 paisa to settle at 83.44 against US dollar

[ad_1] The rupee paired its initial gains and settled 1 paisa lower at 83.44 (provisional) against the US dollar on Wednesday in sink with the domestic equity markets that turned choppy at the fag-end of the session. Forex traders said...

Weekly Rupee View: INR range-bound despite negative fundamentals

[ad_1] The rupee (INR) appreciated nearly 0.2 per cent against the dollar (USD) on Tuesday as it ended at 83.42. Fundamental factors like the trade balance and the crude oil prices have been weighing on the domestic currency.The trade deficit...

Currency market today: Rupee jumps 13 paise to settle at 83.42 against US dollar

[ad_1] The rupee appreciated 13 paise to settle at 83.42 (provisional) against the US dollar on Tuesday, buoyed by fresh inflow of foreign capital, and a firm trend in domestic equity markets, wherein benchmark indices scaled new peaks.Also read:Currency Outlook:...

India Foreign Exchange Reserves: Forex Reserves jump to an all-time high of $655.8 billion

[ad_1] India's foreign exchange reserves jumped $4.307 billion to touch a new lifetime high of $655.817 billion during the week that ended June 7, official data from the Reserve Bank of India (RBI) showed.The reserves have been rising on and...

Rupee ends almost flat on likely RBI intervention

[ad_1] The Rupee ended almost flat on Wednesday despite robust dollar demand from corporates, especially oil companies, as RBI likely intervened in the non-deliverable forward market to prevent it from depreciating to a new low.The Rupee closed at 83.5450 per...

Currency Market Today: Rupee to hold above 83.50 against US dollar; awaits RBI monetary policy, US jobs data

[ad_1] Rupee is expected to open broadly unchanged on Friday, holding near to a key level and awaiting the Reserve Bank of India's policy decision and the US non-farm payroll report.Non-deliverable forwards indicate rupee will mostly be flat from 83.4725...
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