Page 35 - Indian Rupee

Indian rupee gains 18 paise to 75.14 against US dollar in early trade

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.06 per cent higher at 96.04.

Rupee pares initial losses, surges 29 paise to close at 75.31 against USD

On Monday, the rupee had slumped by 24 paise to close at an over nine-week low of 75.60

Indian rupee slips 12 paise to 75.72 against US dollar in early trade

Forex traders said sustained foreign fund outflows and elevated crude oil prices too weakened the rupee position.

Investors' wealth tumbles by over Rs 8.47 trn amid global sell-off

The domestic market remained in the red for the second straight session after witnessing a massive sell-off on Friday

Rupee slumps for 5th day in a row, closes at 75.58 against US dollar

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.13 per cent higher at 96.21

Rupee slumps 20 paise to 75.56 against US dollar in early trade

Forex traders said muted domestic equities and elevated crude oil prices weighed on the local unit.

Rupee slumps 24 paise to close at 75.39 against US dollar

Forex traders said muted domestic equities, sustained foreign fund outflows and elevated crude oil prices weighed on the local unit

Rupee slumps 31 paise to 75.46 against US dollar in early trade

Forex traders said muted domestic equities, sustained foreign fund outflows and elevated crude oil prices weighed on the local unit.

Rupee slips 10 paise to close at 74.94 against US dollar post RBI Policy

Rupee opened at 74.90 against the American dollar, and later witnessed an intra-day high of 74.88 and a low of 75.05 against the greenback

Rupee fell by 5 paise to close at 74.79 against US dollar

At the interbank foreign exchange, the rupee opened at 74.70 against the American dollar, and later witnessed an intra-day high of 74.68 and a low of 74.87 against the greenback

Rupee gains 10 paise to 74.59 against US dollar in early trade

However, the surge in the rupee was restricted amid elevated crude oil prices and muted domestic equities.

India's proposed digital rupee needs more thought and less haste

One gain from the asset will be for Indians working abroad, sending money home will become simpler and cheaper.

Rupee surges 18 paise to close at 74.70 against US dollar

The rupee surged 18 paise to close at 74.70 (provisional) against the US dollar on Friday tracking the weakness of the American currency in the overseas market.

Rupee slips 5 paise to close at 74.88 against US dollar on muted equities

The rupee declined 5 paise to close at 74.88 (provisional) against the US dollar on Thursday, weighed down by the strength of the American currency and muted domestic equities.

Indian rupee slips 8 paise to 74.91 against US dollar in early trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.10 per cent to 96.03.

Rupee reverses gains, trading 22 paise lower at 74.87 post Budget speech

Investors were cautious after Finance Minister Nirmala Sitharaman on Tuesday said that the fiscal deficit in 2021-22 will be 6.9 per cent of GDP and 6.4 per cent in 2022-23, forex traders said

Rupee snaps losing streak, rises 5 paise to close at 75.04 against dollar

The rupee snapped its three-day losing streak to close 5 paise higher at 75.04 (provisional) against the US dollar on Friday amid expectation of better dollar inflows from upcoming IPOs. However, the rebound in the rupee was restricted amid weakness in domestic equities, analysts said. Forex traders said geopolitical tensions, elevated crude oil prices and hawkish US Fed stance also weighed on the local unit. At the interbank foreign exchange market, the rupee opened at 75.12 a dollar and witnessed an intra-day high of 74.88 and a low of 75.13. The domestic unit finally settled at 75.04 (provisional) against the American currency, up 5 paise over its last close of 75.09. Meanwhile, the US dollar index, which measures the greenback's strength against the basket of six currencies, rose 0.11 per cent to 97.35. "The Indian rupee managed to stabilise after sharp sell-off in the last three days and retraced from one-month low on expectation of better dollar inflows from upcoming IPOs a

Rupee slumps 30 paise to 75.08 against US dollar after hawkish Fed stance

Registering its third straight session of loss, the Indian rupee on Thursday depreciated by 30 paise to close at 75.08 (provisional) against the US dollar

Rupee falls by 16 paise to close at 74.76 against US dollar

The rupee on Tuesday depreciated by 16 paise to close at 74.76 (provisional) against the US dollar due to month-end dollar demand from oil importers and a stronger dollar in overseas markets.

Rupee slips 7 paise to 74.67 against US dollar in early trade

Forex traders said geopolitical tensions, sustained foreign fund outflows and elevated crude oil prices also dragged down the local unit