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Forex reserves drop by $ 4.11 billion to $ 640.27 billion

Forex reserves drop by $ 4.11 billion to $ 640.27 billion

Fri, Jan 03, 2025

India's forex reserves dropped by USD 4.112 billion to USD 640.279 billion during the week ended December 27, the Reserve Bank said on Friday.

Rupee slips 11 paise to 85.75 against the US dollar amid strong greenback and low trading volumes

Rupee slips 11 paise to 85.75 against the US dollar amid strong greenback and low trading volumes

Thu, Jan 02, 2025

Rupee dips 11 paise to 85.75 against the US dollar, pressured by strong greenback, foreign fund outflows, and low holiday-season trading volumes; GST revenue grows seven percent in December.

Rupee falls 5 paise to 85.53 against US dollar in early trade

Rupee falls 5 paise to 85.53 against US dollar in early trade

Mon, Dec 30, 2024

The rupee dropped 5 paise to 85.53 against the US dollar in early trade on Monday, as dollar demand from importers, foreign fund outflows and a muted trend in domestic equities dented investor sentiments.

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Rupee hits record low, logs worst decline in 7 months as dollar demand spikes

Rupee hits record low, logs worst decline in 7 months as dollar demand spikes

Fri, Dec 27, 2024

The rupee plunged to an all-time low on Friday, closing at 85.5325 against the U.S. dollar, marking a single-day fall of 0.3 percent—its worst performance since June 2024. The currency hit an intraday low of 85.8075 before intervention by the Reserve Bank of India (RBI) helped stabilize losses.

Rupee plunges to record low of 85.74 against US dollar

Rupee plunges to record low of 85.74 against US dollar

Fri, Dec 27, 2024

Rupee tumbles to a record low of 85.74 against the US dollar, marking its sharpest single-day fall since February 2023 amid strong dollar demand and external economic pressures.

FPIs pull out equities worth Rs 976 crore this week amid rising dollar, bond yields

FPIs pull out equities worth Rs 976 crore this week amid rising dollar, bond yields

Sun, Dec 22, 2024

After two weeks of buying, FPIs turned net sellers in Indian equities this week, with a net withdrawal of Rs 976 crore amid a strengthening US dollar and steady rise in US 10-year bond yields, impacting investor sentiment.

Rupee falls 12 paise to all-time low of 85.06 against US dollar in early trade

Rupee falls 12 paise to all-time low of 85.06 against US dollar in early trade

Thu, Dec 19, 2024

The rupee dropped 12 paise to an all-time low of 85.06 against the US dollar in early trade on Thursday, as a hawkish tilt from the US Federal Reserve sparked a broad dollar rally.

Rupee falls 1 paisa to 84.92 against US dollar in early trade

Rupee falls 1 paisa to 84.92 against US dollar in early trade

Wed, Dec 18, 2024

The rupee dropped 1 paisa to 84.92 against the US dollar in early trade on Wednesday and hovered around its all-time low level, as traders await more cues from the US FED on the interest rate front.

Rupee rises 6 paise to 84.35 against US dollar in early trade

Rupee rises 6 paise to 84.35 against US dollar in early trade

Mon, Nov 25, 2024

Rupee appreciated 6 paise to 84.35 against the US dollar in morning trade on Monday, supported by a firm trend in domestic equities.

Rupee vs Dollar: Domestic Currency hits record low against US Dollar in afternoon trade

Rupee vs Dollar: Domestic Currency hits record low against US Dollar in afternoon trade

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.

Rupee gains 1 paisa to 84.06 against US dollar in early trade

Rupee gains 1 paisa to 84.06 against US dollar in early trade

Mon, Oct 21, 2024

The rupee showed a recovery from its lower level and gained marginally by 1 paisa to 84.06 against the US dollar in early trade on Monday, tracking positive cues from domestic equity markets and a soft American currency.

Currency Market News, October 17: Rupee trades in narrow range vs dollar

Currency Market News, October 17: Rupee trades in narrow range vs dollar

Thu, Oct 17, 2024

The rupee opened at 84.01 against the greenback at the interbank foreign exchange.

Currency Market News: Rupee trades in narrow range against dollar

Currency Market News: Rupee trades in narrow range against dollar

Wed, Oct 16, 2024

The rupee witnessed range-bound trade and depreciated 3 paise to 84.07 against the US dollar in initial deals on Wednesday, weighed down by significant foreign fund outflows and the strength of the American currency in the overseas market.

Rupee vs Dollar: Domestic currency rises 10 paise to settle at 83.66 against US dollar

Rupee vs Dollar: Domestic currency rises 10 paise to settle at 83.66 against US dollar

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.

Rupee rises by 7 paise to 83.82 against US dollar in early trade

Rupee rises by 7 paise to 83.82 against US dollar in early trade

Fri, Aug 30, 2024

Rupee appreciated 7 paise to 83.82 against the US dollar in morning trade on Friday, supported by significant foreign fund inflows and a positive trend in domestic equities.Forex traders said a rise in global risk sentiments supported the rupee, while recovery in the US dollar and month-end dollar demand from importers and oil marketing companies (OMCs) weighed on investor sentiments.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.

Understanding the Rupee's Woes: What’s Causing the Downturn?

Understanding the Rupee's Woes: What’s Causing the Downturn?

Thu, Aug 22, 2024

Why is the rupee not able to recover? No support even from fall in dollar index. What is the reason for the fall in rupee?

Rupee vs Dollar: Domestic currency recovers from all-time low level, closes 16 paise higher at 83.93/USD

Rupee vs Dollar: Domestic currency recovers from all-time low level, closes 16 paise higher at 83.93/USD

Tue, Aug 06, 2024

Rupee vs Dollar: The rupee recovered from its all-time low level and settled for the day 16 paise higher at 83.93 (provisional) against the US dollar on Tuesday, on suspected intervention by the Reserve Bank.

Rupee at record low, what caused the fall in rupee?

Rupee at record low, what caused the fall in rupee?

Mon, Jul 29, 2024

Rupee at record low. What caused the fall in rupee? Rupee weakens against the dollar. Know the complete news from Neha Anand.

Rupee Vs Dollar: Domestic currency settles 1 paisa higher at 83.52 against US dollar

Rupee Vs Dollar: Domestic currency settles 1 paisa higher at 83.52 against US dollar

Fri, Jul 12, 2024

Rupee Vs Dollar: The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 83.52 (provisional) against the US dollar on Friday, as the support from firm domestic equities was negated by elevated crude oil prices.

Saudi-US Petrodollar Deal: What the end of an era means for dollar & EMs like India?

Saudi-US Petrodollar Deal: What the end of an era means for dollar & EMs like India?

Thu, Jul 11, 2024

As with the cessation of the multi-year Saudi-US petroldollar agreement, there is an anticipation that dollar demand could see a decline globally. Some analysts feel that there is a threat to its value as well.

Rupee rises to 83.49 against US dollar in early trade

Rupee rises to 83.49 against US dollar in early trade

Thu, Jul 11, 2024

Rupee strengthens by 2 paise to 83.49 against US dollar amid positive equities but faces pressure from elevated crude oil prices; outlook remains optimistic.

Rupee slips to end at 83.52 vs dollar

Rupee slips to end at 83.52 vs dollar

Wed, Jul 10, 2024

The rupee experienced a marginal depreciation of 3 paise against the US dollar, closing at 83.502 on Wednesday. Earlier in the trading session, the rupee opened slightly weaker at 83.50, marking a loss of 1 paise compared to its previous close at 83.49 on Tuesday.

Rupee slips to end at 83.52 vs dollar on Wednesday

Rupee slips to end at 83.52 vs dollar on Wednesday

Wed, Jul 10, 2024

The rupee experienced a marginal depreciation of 3 paise against the US dollar, closing at 83.52 on Wednesday. Earlier in the trading session, the rupee opened slightly weaker at 83.50, marking a loss of 3 paise compared to its previous close at 83.49 on Tuesday.

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