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Rupee Vs Dollar

Rupee hits new low of Rs 85.54 after worst intraday fall in 2 years

Weakens below 85.8 intraday, RBI does rescue act

Rupee hits new low of Rs 85.54 after worst intraday fall in 2 years
Updated On : 28 Dec 2024 | 1:15 AM IST

Rupee settles at record low of 85.53, logs worst day in nearly 7 months

The rupee weakened to an all-time low of 85.8075 against the U.S. dollar, before intervention by the central bank helped it trim steep losses, according to traders

Rupee settles at record low of 85.53, logs worst day in nearly 7 months
Updated On : 27 Dec 2024 | 4:15 PM IST

Rupee hits record low of 85.395 on strong NDF dollar bids; RBI may step in

Rupee declined to 85.3950 to the dollar, eclipsing its previous all-time low of 85.2825 hit on Thursday

Rupee hits record low of 85.395 on strong NDF dollar bids; RBI may step in
Updated On : 27 Dec 2024 | 12:12 PM IST

Rupee falls to new low of 85.27 as importers stock up dollar at month end

The local currency had settled at Rs 85.20 per dollar on Wednesday

Rupee falls to new low of 85.27 as importers stock up dollar at month end
Updated On : 27 Dec 2024 | 12:59 AM IST

Rupee plunges 12 paise to close at new all-time low of 85.27 against dollar

The rupee stayed weak for the third straight session and fell 12 paise to settle at a fresh all-time low of 85.27 (provisional) against the US dollar on Thursday, amid a strong greenback and rising crude oil prices. Forex traders said, increased month-end as well as year-end dollar demand from importers and fear of an aggressive import tariff by the Donald Trump administration lifted the American currency. At the interbank foreign exchange, the rupee opened weak at 85.23 and touched the lowest-ever level of 85.28 against the greenback during intraday trade. The unit finally ended the session at its lifetime low closing level of 85.27 (provisional) against the dollar, registering a loss of 12 paise from its previous close. The rupee fell 4 paise to settle at 85.15 against the US dollar on Tuesday, a day after losing 9 paise on Monday. The forex market was closed on Wednesday for Christmas. According to Anuj Choudhary, Research Analyst at Mirae Asset Sharekhan, the rupee fell to a

Rupee plunges 12 paise to close at new all-time low of 85.27 against dollar
Updated On : 26 Dec 2024 | 7:18 PM IST

Rupee falls 10 paise to hit new record low of 85.25 against US dollar

The rupee depreciated 10 paise to hit a new all-time low of 85.25 against the US dollar in early trade on Thursday, dragged down by the unabated outflow of foreign capital amid increased month-end demand of the American currency. Positive sentiment in domestic equity markets failed to support the Indian currency as the greenback index remained elevated while crude oil prices were on upward move, forex traders said. At the interbank foreign exchange, the rupee opened weak at 85.23 and slipped further to hit a life-time low of 85.25 against the greenback in initial deals, registering a loss of 10 paise against its previous closing level. On Tuesday, the rupee fell 4 paise to settle at a record low of 85.15 against the US dollar. The forex markets were closed on Wednesday for Christmas. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading marginally lower by 0.11 per cent but remained elevated at 107.90, amid soaring US ...

Rupee falls 10 paise to hit new record low of 85.25 against US dollar
Updated On : 26 Dec 2024 | 9:41 AM IST
Updated On : 24 Dec 2024 | 11:19 PM IST

Rupee falls 9 paise to close at fresh record low of 85.20 against dollar

The rupee extended the slide for the second straight session and depreciated 9 paise to settle at a fresh all-time low of 85.20 (provisional) against the US dollar on Tuesday, dragged by a strong greenback against major crosses overseas and subdued domestic equities. According to analysts, increased demand of dollar due to month-end payment obligation and the fear of an aggressive import tariff by the Donald Trump administration in the US strengthened the greenback. Besides, surging crude oil prices pushed the rupee down further, they added. At the interbank foreign exchange, the rupee opened at 85.10 and touched the lowest ever level of 85.21 against the greenback during intra-day. The unit finally ended the session at a fresh all-time low of 85.20 (provisional) against the dollar, registering a loss of 9 paise from its previous close. On Monday, the rupee settled 7 paise lower at 85.11 against the US dollar. Anuj Choudhary, Research Analyst at Mirae Asset Sharekhan, said the rup

Rupee falls 9 paise to close at fresh record low of 85.20 against dollar
Updated On : 24 Dec 2024 | 4:08 PM IST

Rupee depreciates 5 paise to hit all-time low of 85.16 against US dollar

The rupee fell 5 paise to hit a new all-time low of 85.16 against the US dollar in early trade on Tuesday, amid strengthening American currency and sustained outflow of foreign capital. Forex traders said higher dollar demand as well as an upward momentum in crude oil prices due to volatile geopolitical situation pushed the local unit further downward even as a positive domestic equity market provided some cushion. They said the strong dollar and soaring bond yields in the US prompted the foreign investors towards profit-booking by selling Indian equities. At the interbank foreign exchange, the rupee opened at 85.10 and slid further to hit a fresh all-time low of 85.16 against the greenback, registering a loss of 5 paise from its previous closing level. On Monday, the rupee settled 7 paise lower at 85.11 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading higher by 0.10 per cent at 107.92, amid .

Rupee depreciates 5 paise to hit all-time low of 85.16 against US dollar
Updated On : 24 Dec 2024 | 10:00 AM IST

Rupee remains under pressure, touches new low of 85.12 per dollar

The local currency had settled at 85.02 per dollar after choppy trading on Friday, touching 85.11 per dollar before regaining ground against the greenback on the back of FTSE rebalancing inflows

Rupee remains under pressure, touches new low of 85.12 per dollar
Updated On : 23 Dec 2024 | 11:22 PM IST

Rupee hits all-time low pressured by weak Yuan, strong dollar bids

The RBI's frequent interventions have supported the rupee in the face of multiple headwinds, including a hawkish shift in the Federal Reserve's outlook for policy rates over 2025, concerns about India

Rupee hits all-time low pressured by weak Yuan, strong dollar bids
Updated On : 23 Dec 2024 | 4:06 PM IST

Rupee rebounds after hitting Rs 85.11, settles at Rs 85.02 per dollar

The rupee had settled at Rs 85.07 per dollar on Thursday

Rupee rebounds after hitting Rs 85.11, settles at Rs 85.02 per dollar
Updated On : 20 Dec 2024 | 8:00 PM IST

Rupee hits new low of 84.96 per dollar, US Fed meet outcome in focus

RBI sold dollars via state-run banks, which avoided further depreciation, said dealers

Rupee hits new low of 84.96 per dollar, US Fed meet outcome in focus
Updated On : 18 Dec 2024 | 11:20 PM IST

Rupee falls 1 paisa, hits new all-time low of 84.92 against US dollar

The rupee dropped 1 paisa to hit a new lifetime low of 84.92 against the US dollar in early trade on Tuesday, weighed down by foreign fund outflows and a muted trend in domestic equities. Forex traders said the rupee is likely to remain under pressure due to dollar demand from importers and foreign banks. At the interbank foreign exchange, the rupee opened at 84.89 against the greenback, then fell further to 84.92 against the American currency, registering a fall of 1 paisa over its previous close. On Monday, the rupee depreciated by 11 paise to close at an all-time low level of 84.91 against the US dollar. "The Indian rupee is expected to open at its lowest after a record number in respect of imports and a record trade deficit for November 24 mainly on account of increase in gold buying, took rupee lower in the NDF (Non-Deliverable Forward) markets," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP. The opening will depend on where RB

Rupee falls 1 paisa, hits new all-time low of 84.92 against US dollar
Updated On : 17 Dec 2024 | 10:20 AM IST

Rupee weakens to new closing low of 84.87 due to rise in US Treasury yields

The rupee had settled at Rs 84.80 per dollar on Friday

Rupee weakens to new closing low of 84.87 due to rise in US Treasury yields
Updated On : 16 Dec 2024 | 7:35 PM IST

Rupee falls 3 paise to 84.83 against US dollar during early trade

The rupee fell 3 paise to 84.83 against the US dollar in early trade on Monday, dragged down by a muted trend in domestic equities and elevated crude oil prices. Forex traders said the rupee remains in a weakening mode due to dollar demand from importers and foreign banks. At the interbank foreign exchange, the rupee opened at 84.83 against the greenback, registering a fall of 3 paise over its previous close. On Friday, the rupee rebounded from its all-time low level and settled with a gain of 8 paise at 84.80 against the US dollar. Over the past week, the Indian rupee faced depreciation following the Reserve Bank of India's announcement of leadership transition. The RBI kept a close eye on banking system liquidity and opted for a buy-sell swap to provide much-needed support to the rupee. Additionally, Foreign Institutional Investors (FIIs) turning net buyers in December, following significant outflows in the past two months, is expected to lend further stability to the domestic

Rupee falls 3 paise to 84.83 against US dollar during early trade
Updated On : 16 Dec 2024 | 10:09 AM IST

Rupee recovers, gains 5 paise to 84.83 against US dollar in early trade

The rupee saw some recovery from its all-time low level and appreciated 5 paise to 84.83 against the US dollar in early trade on Friday on the back of favourable domestic inflation data. However, a strengthening American currency and volatile domestic equity markets amid foreign fund outflows capped the recovery in the local unit, forex traders said. At the interbank foreign exchange, the rupee opened at 84.85 and inched up further to 84.83 against the greenback, registering a gain of 5 paise from its previous close. On Thursday, the rupee fell 5 paise to end the session at the lowest level of 84.88 against the US dollar. The previous record low closing level was recorded on December 9, when the unit settled 20 paise lower at 84.86 against the dollar. The latest official data released on Thursday showed India's retail inflation declined in November to 5.48 per cent and came within the Reserve Bank's comfort zone mainly due to easing food prices, creating headroom for a rate cut at

Rupee recovers, gains 5 paise to 84.83 against US dollar in early trade
Updated On : 13 Dec 2024 | 9:58 AM IST

Rupee touches new intra-day low of 84.88 due to rise in crude prices

The local currency settled at 84.87 against the dollar on Wednesday

Rupee touches new intra-day low of 84.88 due to rise in crude prices
Updated On : 12 Dec 2024 | 11:57 PM IST

Rupee falls to an all-time low, RBI intervention counters bearish tilt

While dollar-rupee forward premiums rose on Thursday in reaction to the heightened odds of a Fed rate cut and on the back of an elevated USD/INR overnight swap rate, they were pegged by the central

Rupee falls to an all-time low, RBI intervention counters bearish tilt
Updated On : 12 Dec 2024 | 4:00 PM IST

Rupee falls 2 paise to near all-time low of 84.85 against US dollar

The rupee fell 2 paise to near all-time low of 84.85 against the US dollar in early trade on Thursday on the back of foreign fund outflows and rising crude oil prices. An elevated dollar index and muted domestic equity markets weighed on the Indian currency even as investors were awaiting cues from domestic inflation data to be released later in the day, forex traders said. At the interbank foreign exchange, the rupee opened at 84.85 against the greenback, registering a fall of 2 paise over its previous close. On Wednesday, the rupee settled with a gain of 2 paise at 84.83 against the US dollar. The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading marginally lower by 0.12 per cent at 106.26. Brent crude, the global oil benchmark, rose 0.12 per cent to USD 73.61 per barrel in futures trade. On the domestic equity market front, the 30-share benchmark index Sensex was trading with a marginal gain of 53.59 points, or 0.07 per cent at

Rupee falls 2 paise to near all-time low of 84.85 against US dollar
Updated On : 12 Dec 2024 | 9:42 AM IST