Search For "versus dollar"
Despite inflationary risk, falling rupee adding to India's export competit
Updated : 1 year, 1 month ago IST
The Indian rupee has been steeply depreciating for the past few weeks. It fell to a record low of 87.29 per dollar on Monday, weighed down by concerns over trade tariffs imposed by US President Donald Trump and global market uncertainties.
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Indian rupee to get support at 85.5, in case of breach it may test 86.5 ag
Updated : 1 year, 2 months ago IST
The Indian rupee opened strong on Tuesday morning as compared to the all-time low it tasted during the previous session. At the time of filing this report, the rupee traded at 85.75 against the US dollar, vis-a-vis an all-time low of 85.84.
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India's economic stride strengthening rupee's internationalisation in new
Updated : 1 year, 7 months ago IST
With growing global fragmentation, and geopolitical and geostrategic shifts, de-dollarisation plans are gathering currency. On the other hand, BRICS countries are working on reducing dollar dominance in the global financial system by replacing it with a new global currency.
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Rupee depreciates to fresh low, leaning towards 84 over global market conc
Updated : 1 year, 7 months ago IST
The Indian rupee depreciated versus the US dollar on Monday to touch its all-time low, tracking global heavy selling in stock markets, over risks that the US may potentially slip into recession.
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Indian Rupee to remain steady in near-term: Report
Updated : 1 year, 10 months ago IST
Even in May, it continued to trade in a tight range of 83.43-83.52 per US dollar amidst a lack of FPI inflows and dollar demand from oil companies, according to a report by the Bank of Baroda.
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Indian Rupee exhibited lowest volatility in three years during 2023-24
Updated : 1 year, 10 months ago IST
The Indian currency Rupee was the least volatile major currencies among its emerging market peers and a few advanced economies in the just-concluded financial year 2023-24, according to the Monthly Economic Review report of the Department of Economic Affairs under the Ministry of Finance.
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Rupee slips 10p to 82.709 vs dollar in early trade
Updated : 3 years, 2 months ago IST
The rupee declined against the US dollar on Wednesday morning as the American currency strengthened against key rivals overseas.
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Rupee depreciates 48 p to close at 81.26 versus dollar
Updated : 3 years, 4 months ago IST
Forex traders said the sharp fall in the rupee after a promising start on Monday was due to a large part of India Inc purchasing dollars. Dollar demand from corporates increased, with cautionary words on US inflation from a Federal Reserve official keeping the greenback firm.
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Pound strengthens versus dollar on news of Sunak becoming prime minister
Updated : 3 years, 4 months ago IST
The dollar retreated on Monday after the October S&P Global Composite PMI release showed US business activity contracting for a fourth straight month, an indication that the US Federal Reserve's aggressive monetary tightening was having a significant impact.
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Rupee falls below 83 versus dollar
Updated : 3 years, 4 months ago IST
Mumbai (Maharashtra) [India], October 19 (ANI): The Indian rupee fell below 83 versus the US dollar for the first time on Wednesday, as surging US treasury yields forced a rally in the greenback.
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Rupee dives to all-time low versus dollar
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra)[India], October 10 (ANI): The Rupee on Monday dropped to a fresh record low against the US dollar, with an increased sell-off resulting from the good US jobs report which hints at more aggressive hikes from US Federal Reserve. The local currency declined 37 paise, to a r
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Markets monitor RBI MPC meet; rupee downtrend likely to continue
Updated : 3 years, 5 months ago IST
New Delhi [India], September 25 (ANI): Markets fell for a second consecutive week while rupee's decline versus dollar put pressure to reverse the positive flows into the domestic market for two months. US Federal Reserve's hiked rates and a tighter monetary policy across central banks across
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