Wed, Jan 17, 2024
Currency market update: Amid massive selling in domestic equity markets and a strong greenback overseas, the local currency registered a slip of 1 paisa for the day from its previous close.
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Tue, Jan 16, 2024
Currency market update: At the interbank foreign exchange, the rupee began the day at 82.95 against the dollar and fell to as low as 83.12 during the session and settled against the greenback for the day.
Thu, Jan 11, 2024
Currency market Update: The rupee settled on a flat note with a loss of just 1 paisa at 83.04 (provisional) against the dollar on Thursday on the back of strengthening American currency and sharp rise in crude oil prices.
Wed, Jan 10, 2024
Currency market update: The rupee (INR) recovered early losses to end higher for a sixth straight day and settled at 83.03 (provisional) against the US dollar on Wednesday, January 10. The local currency registered a jump of ten paise for the day from its previous close.
Thu, Jan 04, 2024
Currency market update: At the interbank foreign exchange, the rupee began the day at 83.30 against the dollar and fell to as low as 83.32 during the session before settling at 83.23 (provisional) against the greenback for the day. The domestic currency touched the peak of 83.21 against the greenback during intra-day deals.
Mon, Jan 01, 2024
Forex traders said the rupee is trading in a narrow range as the support from easing crude oil prices was negated by the strength of the American currency in the overseas market.
Fri, Dec 29, 2023
Currency market update: Helped by a weak greenback against major rivals overseas and renewed foreign capital inflows amid lower crude oil prices, the local currency registered a gain of four paise for the day from its previous close.
Thu, Dec 28, 2023
Currency market update: Amid a weak American currency overseas and a rally in domestic equity markets, the local unit registered a gain of seventeen paise for the day from its previous close.
Wed, Dec 27, 2023
Currency market update: Due to the sustained outflow of foreign funds and increased demand for American currency from importers and banks, the local unit depreciated by sixteen paise for the day from its previous close.
Tue, Dec 26, 2023
Currency market update: At the interbank foreign exchange, the rupee began the day at 83.17 against the dollar and fell to as low as 83.21 during the session before settling at 83.19 (provisional) against the greenback for the day.
Tue, Dec 12, 2023
Currency market update: At the interbank foreign exchange, the rupee began the day at 83.36 against the dollar and fell to as low as 83.39 during the session before settling at 83.38 (provisional) against the greenback for the day.
Thu, Dec 07, 2023
Currency market update: At the interbank foreign exchange, the rupee began the day at 83.36 against the dollar and fell to as low as 83.37 during the session before settling at 83.36 (provisional) against the greenback for the day.
The rupee is expected to move within a range of 83.20-83.50 against the US dollar during the course of the day.
Wed, Dec 06, 2023
Currency market update: The domestic currency appreciated by five paise for the day from its previous close after moving within a range of 83.29-83.37 throughout the session.
Thu, Nov 30, 2023
Currency market update: The domestic currency declined seven paise for the day from its previous close after moving within a range of 83.29 - 83.41 throughout the session.
Tue, Nov 28, 2023
Currency market update: The domestic currency gained by 6 paise for the day from its previous close after moving within a range of 83.32 to 83.39 throughout the session amid positive sentiment in the equity markets.
Thu, Nov 23, 2023
Currency market update: The domestic currency declined by two paise for the day from its previous close after moving within a tight range throughout the session.
Tue, Nov 21, 2023
Forex traders said the rupee fell to fresh record lows on Monday despite broad weakness in the dollar against its major crosses on suspected importer-related buying.
Fri, Nov 17, 2023
The rupee declined by 4 paise to 83.27 (provisional) against the US dollar on Friday as a firm greenback in the overseas markets and losses in domestic equities weighed on investor sentiment.
Wed, Nov 15, 2023
The rupee appreciated 21 paise to close at 83.12 (provisional) against the US dollar on Wednesday as the American currency retreated from its elevated levels after the US inflation came lower than expected.
Mon, Nov 13, 2023
"We expect the RBI to intervene to bring it within the 83.20-83.30 range. We otherwise expect a range-bound session with volumes being low on account of the festive season," India Forex And Asset Management Pvt Ltd (IFA Global) said in a research note.
Fri, Nov 10, 2023
Rupee hits record low of Rs.83.42/$. Why was there a sudden decline in the rupee?
The rupee dropped to a lifetime low of 83.3050 to the dollar, down from 83.2800 in the previous session. The previous lifetime low was 83.2950.
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