Page 24 - Rupee Vs Dollar

Rupee inches 5 paise higher to 77.99 against dollar in early trade

The rupee opened on a flat note and inched higher by 5 paise to 77.99 against the US dollar in opening trade on Wednesday

Rupee inches 2 paise higher to 78.02 against US dollar in early trade

The rupee rebounded from its all-time low level and inched higher by 2 paise to 78.02 against the US dollar in opening trade on Tuesday

Rupee slides 11 paise against US dollar, breaches 78-mark for first time

The local unit finally settled at its all-time low of 78.04, down 11 paise over its previous close of 77.93

Sensex bleeds over 1,700 points: Top 5 reasons behind Monday's crash

Analysts believe that the persistent FII selloff, fear of aggressive rate hikes by the US Federal Reserve (US Fed) and weaker rupee was dampening investors' sentiment.

Rupee breaches 78 per dollar mark for the first time on global cues

The rupee started depreciating rapidly since Russia invaded Ukraine in late February

Rupee falls to all-time low of 78.29 against US dollar in early trade

The rupee slipped 36 paise to its all-time low of 78.29 against the US dollar in early trade, tracking the strength of the American currency overseas as investors flocked to the safe-haven currency

Rupee plunges to all-time low of 77.84/$ amid rising crude oil prices

The currency closed at a record low of 77.84 against the dollar after hitting 77.88 in intraday trading.

Rupee depreciates 8 paise, hits record low of 77.82 against dollar

The rupee depreciated 8 paise to a record low of 77.82 against the US dollar in opening trade on Friday, tracking the strength of the greenback in the overseas market

Rupee at new low of 77.8/dollar as investors pull out from emerging markets

The rupee depreciated over 2.5 per cent in the current fiscal year

Rupee slips 8 paise to close at 77.76 against dollar, weighed down by oil

The rupee depreciated by 8 paise to close at 77.76 (provisional) against the US dollar on Thursday, weighed down by elevated crude oil prices and persistent foreign capital outflows. At the interbank foreign exchange market, the rupee opened lower at 77.74 against the greenback and finally settled at 77.76, down 8 paise over its previous close. During the session, the rupee touched an all-time low of 77.81 against the American currency. On Wednesday, the rupee had recovered from its record low to close 10 paise higher at 77.68. "Volatility in rupee remained low even after the release of RBI policy statement," said Gaurang Somaiya, Forex & Bullion Analyst, Motilal Oswal Financial Services. The Reserve Bank of India (RBI) on Wednesday raised the key interest rate by 50 basis points, the second increase in five weeks, to rein in the rise in prices that it saw continuing to hurt consumers in the near-term. The rate hike comes on the back of a 40 bps increase by the RBI at an ...

Most rated Indian firms have protections against weaker rupee: Moody's

Have buffers to withstand further 10-15 per cent depreciation

Rupee closes at all-time low of 77.74 against USD amid elevated oil prices

The yield on the three-year government bond declined 9 bps, while the five-year bond yield dropped 7 bps

Rupee rebounds from record low, rises 10 paise to Rs 77.68 against dollar

Recovering from its lifetime low, the rupee advanced 10 paise to settle at 77.68 against the US dollar on Wednesday after the RBI raised the interest rate by 50 basis points to tame inflation. However, elevated oil prices and persistent foreign capital outflows capped the gains, forex dealers said. At the interbank forex market, the local unit opened strong at 77.70 against the greenback and witnessed an intra-day high of 77.64 and a low of 77.79. It finally settled at 77.68, up 10 paise over its previous close. The rupee had slumped to its lifetime low of 77.78 on Tuesday. The Reserve Bank of India (RBI) on Wednesday raised the key interest rate by 50 basis points, the second increase in five weeks, to rein in the rise in prices that it saw continuing to hurt consumers in the near term. The rate hike comes on the back of a 40 bps increase effected by the RBI at an unscheduled meeting on May 4. On the domestic equity market front, the BSE Sensex ended 214.85 points or 0.39 per ce

Rupee depreciates 5 paise to 77.71 against US dollar in early trade

The rupee slipped 5 paise to 77.71 against the US dollar in opening trade, as heavy selling pressure in domestic equities and a strong greenback in the overseas market weighed on investor sentiments

Rupee appreciates 4 paise to 77.62 against dollar in early trade

The rupee appreciated 4 paise to 77.62 against the US dollar in opening trade on Monday, supported by a weak American currency in the overseas markets.

Rupee advances 13 paise to 77.47 against US dollar in early trade

The rupee appreciated 13 paise to 77.47 against the US dollar in opening trade on Friday, supported by a fall in the dollar index and positive domestic equities

Rupee recovers from record low, spurts 21 paise to 77.50 per US dollar

The rupee recovered from its record low to close 21 paise higher at 77.50 against the American currency on Wednesday as dollar sales by some banks offset the impact of elevated crude oil prices and persistent foreign fund outflows. At the interbank forex market, the rupee opened at 77.58 against the greenback and moved in a range of 77.51 to 77.62 in the day's trade. The rupee finally ended at 77.50, higher by 21 paise over its previous close. On Tuesday, the rupee had declined by 17 paise to close at its all-time low of 77.71 as surging US bond yields dampened the appeal of riskier assets. The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.15 per cent to 101.90. Brent crude futures, the global oil benchmark, surged 1.84 per cent to USD 117.73 per barrel. "Rupee continued to trade in a narrow range and volatility remained low despite marginal weakness in domestic and global equities," said Gaurang Somaiya, Forex & Bullion Analyst, .

Rupee recovers from record low, rises 14 paise against US dollar

Recovering from its record low, the rupee rose by 14 paise to 77.57 against the US dollar in early morning trade

Rupee plunges to all-time low against dollar as US Treasury yields spike

The rupee declined by 17 paise to close at its all-time low of 77.71 against the US currency on Tuesday as surging US bond yields dampened the appeal of riskier assets.

Rupee slips 12 paise to close at 77.66 against US dollar amid surging crude

The rupee depreciated 12 paise to close at 77.66 (provisional) against the US dollar on Tuesday, tracking a negative trend in domestic equities and surging crude oil prices. At the interbank foreign exchange market, the rupee opened lower at 77.65 against the greenback and finally settled at 77.66, down 12 paise over its previous close. During the session, the rupee touched an intra-day low of 77.70 and a high of 77.62. On Monday, the rupee settled at 77.54 against the US dollar. This is also the fifth straight monthly decline for the rupee amid weak risk sentiments, foreign fund outflows and concerns over high inflation. The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04 per cent higher at 101.70. Global oil benchmark Brent crude futures advanced 1.77 per cent to USD 123.82 per barrel. According to Dilip Parmar, Research Analyst, HDFC Securities, the rupee has become the worst-performing currency among Asian currencies a