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.
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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.
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.
Mon, Jul 11, 2022
The rupee depreciated by 19 paise to close at its fresh lifetime low of 79.45 against the US dollar on Monday amid broad-based dollar demand and foreign capital outflows.
Gold in the national capital on Monday declined by Rs 114 to Rs 50,561 per 10 grams amid decline in international precious metal prices, according to HDFC Securities.
Rupee at record low. Dollar price reaches ₹79.4. Rupee weakens by 6.5% this year. What is the reason that the rupee is falling at a record low level? Know full details from Neha Anand.
Fri, Jul 08, 2022
Gold in the national capital rose by Rs 97 on Friday to Rs 50,613 per 10 grams, according to HDFC Securities.
The rupee declined by 10 paise to close at 79.23 (provisional) against the US dollar on Friday, tracking the strength of the American currency in the overseas market.
Gold Price Today: On the Multi-Commodity Exchange (MCX), gold contracts were trading higher by 0.07 percent at Rs 50,656 for 10 grams while silver was trading lower by 0.27% percent to Rs 56,788 a kilogram at 10:15 am on Friday.
Thu, Jul 07, 2022
Gold in the national capital on Thursday slipped by Rs 436 to Rs 50,551 per 10 grams, according to HDFC Securities.
The rupee declined 19 paise to close at 79.13 (provisional) against the US dollar on Thursday, as the hawkish stance of the US Federal Reserve increased the possibility of another aggressive rate hike this month.
Gold Price Today: After a break in the dollar's rally alleviated pressure on bullion, gold prices edged up on Thursday from nine-month lows touched in the previous session. The analysts cautioned that the relief in the yellow metal was likely to be temporary.
Samsung Electronics Co Ltd turned in its best April-June profit since 2018 with an 11% year-on-year rise, as lingering demand for its memory chips from server customers offset lower sales to inflation-hit smartphone makers.
The U.S. dollar will remain strong for at least the next three months due to aggressive Federal Reserve interest rate rise expectations and safe-haven appeal stemming from global recession fears, a Reuters poll of foreign exchange analysts showed.
Wed, Jul 06, 2022
The rupee recovered from its all-time low to close 3 paise higher at 79.30 (provisional) against the US dollar on Wednesday after a sharp fall in crude oil and foreign fund inflows.
Gold prices in the national capital on Wednesday fell by Rs 760 to Rs 51,304 per 10 grams, according to HDFC Securities.
Gold Price Today: Gold experienced a little respite on Wednesday after hitting a low of almost seven months in the previous session. The yellow metal edged up as the dollar took a breather following a ferocious push to 20-year highs.
Recovering from its record low level, the rupee appreciated 9 paise to 79.24 against the US dollar in early trade on Wednesday.
Gold prices gained on Wednesday, following a selloff in the previous session that pushed bullion to a seven-month low, after the dollar halted its rally.
Tue, Jul 05, 2022
The rupee fell by 41 paise to close at a fresh lifetime low of 79.36 (provisional) against the US dollar on Tuesday amid a strong greenback overseas and unrelenting foreign fund outflows.
Gold price in the national capital increased by Rs 65 to Rs 52,050 per 10 grams on Tuesday amid rupee depreciation, according to HDFC Securities.
The rupee fell by 43 paise to close at a fresh lifetime low of 79.38 against the US dollar on Tuesday. The rupee has depreciated by more than 6% this year. The dollar index, which measures the strength of the dollar against the world's six major currencies, rose to over 106.
The Indian rupee weakened further in afternoon trade on Tuesday to touch a fresh record low against the U.S. dollar.
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