Page 24 - Rupee

Rupee down 44 paise, closes at 75.77 against USD amid geopolitical tensions

At the interbank foreign exchange market, the rupee opened at 75.78 against the American dollar but later dropped to a low of 75.86

Russia-Ukraine crisis: Rupee cuts losses after RBI intervention

The rupee weakened 0.95 per cent against the dollar in February

Rupee recovers losses to end flat at 75.33 on signs of Russia-Ukraine talks

The Russian currency ruble tanked about 30 per cent against the US dollar on Monday after Western nations imposed stricter sanctions on Russia

Rupee-rouble deal with Russia likely to be fortified after SWIFT freeze

One way to deal with Russia is to reinforce the rupee-rouble account, advised bankers

Rupee rebounds 27 paise to 75.33 against US dollar

The rupee appreciated by 27 paise to close at 75.33 against the US dollar on Friday in line with regional currencies, following a retreat in crude oil prices and a rebound in domestic equities. At the interbank forex market, the local unit opened at 75.31 against the greenback and witnessed an intra-day high of 75.18 and a low of 75.46. The rupee finally ended at 75.33, registering a gain of 27 paise over its previous close. On Thursday, the rupee had tanked 99 paise to close at 75.60 against the US dollar, as riskier assets took a hit after Russia launched military operations against Ukraine. Meanwhile, European Union leaders are putting up a united front and have agreed on a second package of economic and financial sanctions against Russia. The dollar index, which measures the greenback's strength against a basket of six currencies, inched up 0.01 per cent to 97.14. Brent crude futures, the global oil benchmark, was trading 1.07 per cent higher at USD 100.14 per barrel. "Calmn

Rupee sinks 109 paise, worst in Asia; RBI intervenes to reduce volatility

Rupee may breach 76/$ if geopolitical tensions persist

Rupee falls 102 paise to close at 75.63 against USD amid Ukraine crisis

At the interbank foreign exchange market, the rupee opened at 75.02 against the American dollar but later dropped to a low of 75.75 against the greenback

Rupee rallies 25 paise to 74.59 against US dollar amid sanctions on Russia

At the interbank forex market, the local unit opened at 74.64 against the greenback and witnessed an intra-day high of 74.54 and a low of 74.73

Rupee slips 31 paise to close at 74.86 against US dollar amid Ukaine crisis

The rupee depreciated by 31 paise to 74.86 (provisional) against the US currency on Tuesday as riskier assets took a hit amid deepening geopolitical tensions

Indian bond yields rise, rupee falls as Ukraine tensions escalate

India's benchmark 10-year bond yield closed at at 6.75%, up 6 basis points from its previous close

Rupee extends gains for 5th day, rises by 11 paise as dollar, crude weaken

Rising for the fifth straight day, the rupee extended gains by 11 paise to close at 74.55 (provisional) against the US dollar on Monday on the back of a weak dollar and softer crude oil prices

Rupee spurts by 40 paise to over two-week high against US dollar

The rupee spurted by 40 paise, its biggest single-day gain in over three months, to settle at a more than two-week high of 74.66 against the US dollar on Friday on hopes of a diplomatic solution to the East-West standoff over Ukraine. A fall in crude oil prices also supported the local currency, analysts said. At the interbank forex market, the local unit opened at 75.03 against the greenback and witnessed an intra-day high of 74.60 and a low of 75.05. The rupee settled at 74.66, registering a rise of 40 paise or 0.53 per cent over its previous close of 75.06. The rupee had closed the session on Thursday at 75.11 (provisionally) but later settled at 75.06. The proposed US-Russia talks spurred optimism about the volatile geopolitical situation in Ukraine, said Dilip Parmar, Research Analyst, HDFC Securities. "Rupee recouped previous week and most of the current month losses amid long unwinding in dollar, lower crude oil prices and expectation of dollar inflows from LIC IPO," Parmar

Rupee falls by 7 paise to close at 75.11 against US dollar

The rupee declined by 7 paise to close at 75.11 (provisional) against US Dollar on Thursday as geopolitical tensions pushed investors towards safe-haven assets.

Rupee surges 25 paise to close at 75.07 against USD as Ukraine fears ease

At the interbank forex market, the local unit opened at 75.24 against the greenback and witnessed an intra-day high of 74.96 and a low of 75.24

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

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 slips below 75 against dollar; closes at six-week low

Rupee weakened further on Friday and closed below the 75/dollar mark for the first time in 2022 after US January inflation accelerated to 40 years high

Banks in India can offer foreign currency-settled rupee derivatives

Move is expected to remove segmentation between onshore and offshore markets

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

RBI enhances cap on amount for e-RUPI vouchers from Rs 10,000 to Rs 1 lakh

Launched in August 2021, e-RUPI is a one-time use digital solution to facilitate cashless payment.