Rupee plunges 51 paise to end at 87.23, worst in 3 weeks
3 weeks, 5 days ago

Rupee plunges 51 paise to end at 87.23, worst in 3 weeks

New Indian Express  

MUMBAI: The rupee, after gaining in the past week, saw its worst single-say fall since February 5, plunging 51 paise or 0.6% to close at 87.21 on Tuesday or from 86.695 in the previous session, spooked by the continuing talks about additional tariffs by the US president Donald Trump and the offshore derivatives market expiry, which led to a surge in dollar demand. The rupee slipped 0.6% from Monday’s level, its biggest single-day fall since February 5, losing 51 paise, which was also due to month-end dollar demand by importers, a forex trader with a public sector lender said, adding the sustained sellout of equites by foreign funds only added to the continuing pain of the rupee which had been under pressure since last October, losing close to 3.5%. Covering of short positions due to the expiry of the non-deliverable forward contracts also weighed on the rupee, another public sector bank trader said, adding they expect the rupee to trade negative on the back of overall weakness in the domestic equity markets and persistent selling by foreign investors. "You have dollar demand on the back of maturity of NDF positions, importer hedging and weak Asian cues-all factors stacked up against the rupee, providing very little room for appreciation," a forex trader at a private sector bank said.

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History of this topic

Rupee hits two-month high of 85.93 against US dollar on fresh inflows, logs biggest weekly gain in over two years
Trending News
1 day, 23 hours ago

Rupee hits two-month high of 85.93 against US dollar on fresh inflows, logs biggest weekly gain in over two years

Live Mint  

INR vs USD Rate Today: The Indian rupee posted its best day against the US dollar in two months after rising for the sixth straight session on Friday, March 21. INR vs USD Rate Outlook “Rupee strengthened with a sharp rise of ₹0.40 or 0.46 per cent at 85.94, as foreign inflows surged with strong buying figures. The US Fed's …

Rupee to withstand recovery in dollar index, hold on to weekly advance
Trending News
2 days, 8 hours ago

Rupee to withstand recovery in dollar index, hold on to weekly advance

Live Mint  

By Nimesh Vora MUMBAI, March 21 - The Indian rupee is likely to show limited reaction on Friday to the dollar index's recovery, with inflows from foreign banks expected to sustain its weekly upward trend. The 1-month non-deliverable forward indicated that the rupee will open flat-to-marginally higher to the U.S. dollar from 86.3675 in the previous session. DOLLAR INDEX RECOVERS …

Rupee rises 12 paise to 86.25 against U.S. dollar in early trade
Top News
3 days, 6 hours ago

Rupee rises 12 paise to 86.25 against U.S. dollar in early trade

The Hindu  

The Rupee appreciated 12 paise to 86.25 against the U.S. dollar in early trade on Thursday, tracking positive domestic equities and the weakness of the American currency in the overseas market. However, risks remain owing to unabated Foreign Institutional Investor sell-off and uncertainty surrounding U.S. President Donald Trump's tariff stance could pose challenges to the Rupee's upward momentum. Meanwhile, the …

Rupee rises 12 paise to settle at 86.44 against U.S. dollar
Top News
4 days, 1 hour ago

Rupee rises 12 paise to settle at 86.44 against U.S. dollar

The Hindu  

Rising for the fourth straight session, the rupee appreciated 12 paise to close at 86.44 against the U.S. dollar on Wednesday, supported by a positive trend in domestic equity markets and lower global crude oil prices. However, a strengthening American currency against major currencies overseas ahead of the U.S. Federal Reserve’s interest rate decision capped the sharp gain in the …

Rupee falls 10 paise to 86.66 against U.S. dollar in early trade
4 days, 6 hours ago

Rupee falls 10 paise to 86.66 against U.S. dollar in early trade

The Hindu  

The rupee declined 10 paise to 86.66 against the U.S. dollar in early trade on Wednesday amid a firm American currency index ahead of the Federal Reserve's interest rate decision and prevailing concerns due to global trade tariff moves. Forex traders said the local currency found cushion due to easing crude oil prices and some inflow of foreign capital in …

Rupee settles 26 paise higher at 86.55 against U.S. dollar
Trending News
5 days ago

Rupee settles 26 paise higher at 86.55 against U.S. dollar

The Hindu  

The rupee appreciated for the third consecutive session and registered gains of 26 paise to close at 86.55 against the U.S. dollar on Tuesday amid positive domestic equity markets and a weak American currency. On the domestic macroeconomic front, India's trade deficit fell to a three-and-half-year low but the point of concern was exports contracting sharply, Bhansali said, adding that …

Rupee jumps 24 paise to close at 86.81 against U.S. dollar
6 days, 1 hour ago

Rupee jumps 24 paise to close at 86.81 against U.S. dollar

The Hindu  

The rupee appreciated 24 paise to close at 86.81 against the US dollar on Monday on positive domestic equities and weakness of the American currency in the overseas market. Forex traders said the rupee traded with a slight positive bias on weakness in the US dollar and positive global markets. In the domestic equity market, the 30-share BSE Sensex surged …

Rupee jumps 24 paise to close at 86.81 against US dollar
6 days, 1 hour ago

Rupee jumps 24 paise to close at 86.81 against US dollar

Live Mint  

Mumbai, The rupee appreciated 24 paise to close at 86.81 against the US dollar on Monday on positive domestic equities and weakness of the American currency in the overseas market. Forex traders said the rupee traded with a slight positive bias on weakness in the US dollar and positive global markets. In the domestic equity market, the 30-share BSE Sensex …

Rupee surges 22 paise to settle at 87 against U.S. dollar
1 week, 3 days ago

Rupee surges 22 paise to settle at 87 against U.S. dollar

The Hindu  

The rupee surged 27 paise to settle at 87 against the U.S. dollar on Thursday following robust macroeconomic data and easing crude oil prices. Besides, recent weakness in the U.S. dollar index also supported the local currency, forex dealers said. Anuj Choudhary, Research Analyst at Mirae Asset Sharekhan, said the rupee recovered on upbeat macroeconomic data and a soft US …

Rupee gains 1 paisa to 87.30 against U.S. dollar in early trade
1 week, 5 days ago

Rupee gains 1 paisa to 87.30 against U.S. dollar in early trade

The Hindu  

The rupee turned almost flat and gained 1 paisa to 87.30 against the U.S. dollar in early trade on Tuesday on the back of weaker American currency and lower level of crude oil prices. However, volatile domestic equity markets amid fear of recession in the U.S. and trade-related uncertainties impacted investor sentiment adversely, forex traders said. At the interbank foreign …

Rupee sinks 38 paise to 87.33 against U.S. dollar; logs worst single-day fall in a month
1 week, 6 days ago

Rupee sinks 38 paise to 87.33 against U.S. dollar; logs worst single-day fall in a month

The Hindu  

The rupee depreciated by 38 paise, its steepest fall in over a month, to close at 87.33 against the U.S. dollar on Monday due to volatile crude oil prices amid tariff uncertainties worldwide and unabated outflow of foreign funds. Domestic equity markets closed lower with the 30-share BSE Sensex falling by 217.41 points, or 0.29%, to 74,115.17, and the Nifty …

Rupee falls 6 paise to settle at 87.12 against U.S. dollar
2 weeks, 3 days ago

Rupee falls 6 paise to settle at 87.12 against U.S. dollar

The Hindu  

The rupee snapped its three-day rally and settled with a loss of 6 paise at 87.12 against the U.S. dollar on Thursday amid uncertainty over trade tariffs and persistent foreign fund outflows. In initial trade, the local currency gained momentum after the U.S. delayed implementation of higher tariffs on Canada and Mexico, and RBI's decision to infuse ₹1.9 trillion liquidity …

Rupee falls 5 paise to 87.11 against US dollar in early trade
2 weeks, 3 days ago

Rupee falls 5 paise to 87.11 against US dollar in early trade

The Hindu  

The rupee failed to sustain its gaining momentum and fell 5 paise to 87.11 against the US dollar in early trade on Thursday as a lower American currency and crude oil prices failed to boost sentiment amid volatile equity markets and foreign funds outflow. In the domestic equity market, the 30-share BSE Sensex was trading 20.53 points, or 0.03 per …

Rupee settles 19 paise higher at 87.00 against U.S. dollar
2 weeks, 4 days ago

Rupee settles 19 paise higher at 87.00 against U.S. dollar

The Hindu  

The rupee appreciated by 19 paise to close at 87.00 against the U.S. dollar on Wednesday on sharp pullback in domestic equities, a weak American currency and a decline in crude oil prices. Forex traders said U.S. President Donald Trump's tariff escalation has set off a chain reaction in global markets, sending the dollar into a downward spiral. The seasonally …

Rupee rises 9 paise to 87.10 against US dollar in early trade
2 weeks, 4 days ago

Rupee rises 9 paise to 87.10 against US dollar in early trade

The Hindu  

The rupee appreciated 9 paise to 87.10 against the US dollar in early trade on Wednesday, fuelled by the broad weakening of the US dollar and easing crude oil prices. "However, falling crude oil prices provided some respite for the Indian currency with Brent crude prices touching a three-month low of USD 69.65 per barrel would ease India's import burden …

Rupee settles 2 paise higher at 87.30 against U.S. dollar
2 weeks, 4 days ago

Rupee settles 2 paise higher at 87.30 against U.S. dollar

The Hindu  

The rupee pared initial losses and settled on a flat note with a gain of just 2 paise at 87.30 against the U.S. dollar on Tuesday, as a weak U.S. Dollar index and a sharp fall in crude oil prices prevented the slide in the domestic unit. Forex traders said the Indian rupee traded flat with a negative bias on …

Rupee falls 8 paise to 87.40 against U.S. dollar in early trade
2 weeks, 5 days ago

Rupee falls 8 paise to 87.40 against U.S. dollar in early trade

The Hindu  

The rupee declined 8 paise to 87.40 against the U.S. dollar in early trade on Tuesday, weighed down by persistent foreign fund outflows and a prevailing liquidity deficit. Meanwhile, the dollar index, which gauges the greenback’s strength against a basket of six currencies, was at 106.61, lower by 0.12%, amid escalating trade tensions, which have been triggered by US. “With …

Rupee falls for fifth straight month in February on outflows, hedging demand
3 weeks, 2 days ago

Rupee falls for fifth straight month in February on outflows, hedging demand

Live Mint  

By Siddhi Nayak MUMBAI, Feb 28 - The Indian rupee logged its fifth straight monthly fall in February, weighed down by foreign portfolio outflows and increased hedging in the onshore and the non-deliverable forward market. India's sluggish economic growth, uncertainty over U.S. President Donald Trump's tariffs and rising possibility of a global trade war have hit foreign investors' demand for …

Rupee falls 19 paise to 87.37 against U.S. dollar in early trade
3 weeks, 2 days ago

Rupee falls 19 paise to 87.37 against U.S. dollar in early trade

The Hindu  

The rupee declined 19 paise to 87.37 against the U.S. dollar in early trade on Friday, as the strength of the American currency and a negative trend in domestic equities dented investor sentiments. At the interbank foreign exchange, the rupee opened at 87.32, then fell to 87.37 against the American currency, registering a decline of 19 paise over its previous …

Rupee falls 22 paise to 87.41 against U.S. dollar in early trade
3 weeks, 3 days ago

Rupee falls 22 paise to 87.41 against U.S. dollar in early trade

The Hindu  

The rupee declined 22 paise to 87.41 against the US dollar in early trade on Thursday after the latest tariff announcements from the US weighed on emerging currencies, including the rupee. Forex traders said the latest tariff announcements from the US have sent shockwaves through global markets, strengthening the dollar. Global financial markets experienced renewed volatility as US President Donald …

Rupee logs biggest single-day drop in 3 weeks: Is the domestic currency poised for further weakness? Experts weigh in
3 weeks, 4 days ago

Rupee logs biggest single-day drop in 3 weeks: Is the domestic currency poised for further weakness? Experts weigh in

Live Mint  

INR vs USD Today: The Indian rupee logged its worst day in three weeks on Tuesday, February 25, 2025, dragged by weakness in regional peer currencies, importer hedging and US dollar demand related to the expiry of the non-deliverable forward contracts causing month-end interest among importers. According to forex traders, elevated greenback against major crosses and sustained foreign institutional outflows …

Rupee Falls 51 Paise to 87.23, Worst Drop in 3 Weeks
3 weeks, 4 days ago

Rupee Falls 51 Paise to 87.23, Worst Drop in 3 Weeks

Deccan Chronicle  

Mumbai: The Indian rupee fell sharply by 51 paise on Tuesday to settle at 87.23 against the US dollar due to month-end dollar demand by importers and oil marketing companies, covering of short positions due to the expiry of the futures contract, uncertainty over US trade tariffs, and outflows from foreign portfolio investors. Over the past six months, the Indian …

Rupee plummets 51 paise to end at 87.23 against U.S. dollar
3 weeks, 5 days ago

Rupee plummets 51 paise to end at 87.23 against U.S. dollar

The Hindu  

The rupee fell sharply by 51 paise to settle at 87.23 against the U.S. dollar on Tuesday due to month-end dollar demand by importers amid uncertainty over U.S. trade tariffs. "The rupee fell sharply against the U.S. dollar amid uncertainty over U.S. trade tariffs and demand from importers towards the end of the month. However, any intervention by the RBI …

Rupee falls 16 paise to 86.88 against US dollar in early trade
Trending News
3 weeks, 5 days ago

Rupee falls 16 paise to 86.88 against US dollar in early trade

The Hindu  

The rupee declined 16 paise to 86.88 against the US dollar in early trade on Tuesday amid a strengthening greenback, sustained FII outflows, and a rise in Brent crude prices. Due to risk of sentiments, the market is expected to buy dollars to take it higher against the rupee," Anil Kumar Bhansali, Head of Treasury and Executive Director, Finrex Treasury …

Rupee falls 7 paise to close at 86.71 against U.S. dollar
1 month ago

Rupee falls 7 paise to close at 86.71 against U.S. dollar

The Hindu  

The rupee pared initial gains and settled 7 paise lower at 86.71 against the U.S. dollar on Friday, weighed down by sustained foreign fund outflows and a recovery in the American currency index. Forex traders said the Indian rupee declined on Friday on weak domestic markets and a recovery in the U.S. dollar index. However, any fresh intervention by the …

Rupee rises 14 paise to 86.50 against U.S. dollar in early trade
1 month ago

Rupee rises 14 paise to 86.50 against U.S. dollar in early trade

The Hindu  

The rupee appreciated 14 paise to 86.50 against the U.S. dollar in early trade on Friday, fuelled by the broad weakening of the US dollar, which faced downward pressure from lackluster economic data. "The dollar's weakness created a favourable environment for the Indian rupee," CR Forex Advisors MD - Amit Pabari said, adding that "India's robust real yield of 2.39% …

Rupee Rises 33 Paise on Strong Dollar Inflows
1 month ago

Rupee Rises 33 Paise on Strong Dollar Inflows

Deccan Chronicle  

Mumbai: The Indian rupee saw a relief rally, settling at a one-week high on Thursday, tracking the Chinese yuan and dollar sales from foreign banks. Adding to the positive sentiment was data showing that the rupee’s 40-currency Real Effective Exchange Rate eased to 104.83 in January 2025, down from a high of 108.30 in November and 107.20 in December 2024. …

Rupee rises 33 paise to close at 86.65 against U.S. dollar
1 month ago

Rupee rises 33 paise to close at 86.65 against U.S. dollar

The Hindu  

The rupee appreciated 33 paise to close at 86.65 against the U.S. dollar on Thursday, supported by the weakening of the American currency in the overseas market. Forex traders said on the domestic front, India's economy is expected to demonstrate a strong momentum in the second half of the year but the rupee is battling global headwinds. According to an …

Weak rupee could pave the way for a long-awaited IT recovery
1 month ago

Weak rupee could pave the way for a long-awaited IT recovery

Live Mint  

The Indian information technology sector has been trying to make a meaningful comeback for a while. From a macro perspective, a sinking rupee spells trouble, mainly for importers, but India’s IT firms are exporters of services and a large part of their revenue is denominated in these currencies. Pole position LTIMindtree Ltd, Wipro Ltd, Sagility India Ltd and Coforge Ltd …

Rupee rises 19 paise to 86.79 in early trade
1 month ago

Rupee rises 19 paise to 86.79 in early trade

The Hindu  

The rupee appreciated 19 paise to 86.79 against the US dollar in early trade on Thursday, as the American currency and crude oil prices retreated from their elevated levels. The forex market was closed on Wednesday on account of 'Chatrapati Shivaji Maharaj Jayanti' Meanwhile, the US dollar index, which gauges the greenback's strength against a basket of six currencies, was …

Rupee rises 19 paise to 86.79 against US dollar in early trade
Trending News
1 month ago

Rupee rises 19 paise to 86.79 against US dollar in early trade

Live Mint  

Mumbai, The rupee appreciated 19 paise to 86.79 against the US dollar in early trade on Thursday, as the American currency and crude oil prices retreated from their elevated levels. The forex market was closed on Wednesday on account of 'Chatrapati Shivaji Maharaj Jayanti' Meanwhile, the US dollar index, which gauges the greenback's strength against a basket of six currencies, …

Rupee falls 8 paise to close at 86.96 against U.S. dollar
1 month ago

Rupee falls 8 paise to close at 86.96 against U.S. dollar

The Hindu  

Rupee depreciated 8 paise to close at 86.96 against U.S. dollar weighed down by sustained foreign fund outflows and an uptick in the U.S. Dollar index. Forex traders said there is a negative bias for the USD/INR pair as foreign investors continue to sell domestic equities and the RBI support is tapering off slowly. "We expect the rupee to trade …

Rupee falls 8 paise to close at 86.96 against US dollar
1 month ago

Rupee falls 8 paise to close at 86.96 against US dollar

Live Mint  

Mumbai, Rupee depreciated 8 paise to close at 86.96 against US dollar weighed down by sustained foreign fund outflows and an uptick in the US Dollar index. India's exports declined for the third month in a row in January, falling by 2.38 per cent year-on-year to USD 36.43 billion, while the trade deficit widened to USD 22.99 billion in the …

Rupee falls 16 paise to close at 86.87 against U.S. dollar
1 month ago

Rupee falls 16 paise to close at 86.87 against U.S. dollar

The Hindu  

The rupee depreciated 16 paise to close at 86.87 against the U.S. dollar on Monday, weighed down by significant foreign fund outflows and a recovery in the U.S. dollar index from intraday lows. Forex traders said the Indian rupee is trading with a negative bias as foreign banks went on a dollar-buying spree and importers scrambled to secure dollars, as …

Rupee rises 12 paise to close at 86.81 against U.S. dollar
1 month, 1 week ago

Rupee rises 12 paise to close at 86.81 against U.S. dollar

The Hindu  

The rupee extended its recovery and settled 12 paise higher at 86.81 against the U.S. dollar on Friday amid easing American currency. Anuj Choudhary, Research Analyst at Mirae Asset Sharekhan, said the rupee gained on the weak U.S. dollar index. Finance Minister Nirmala Sitharaman on Thursday said the rupee along with other Asian currencies has depreciated against the U.S. dollar …

Rupee rises 12 paise to close at 86.81 against US dollar
1 month, 1 week ago

Rupee rises 12 paise to close at 86.81 against US dollar

Live Mint  

Mumbai, The rupee extended its recovery and settled 12 paise higher at 86.81 against the US dollar on Friday amid easing American currency. Finance Minister Nirmala Sitharaman on Thursday said the rupee along with other Asian currencies has depreciated against the US dollar on account of uncertainty pervading the global macroeconomy. Indian rupee, like other Asian currencies, depreciated against the …

Heavy RBI intervention helps rupee log best week in 19 months
1 month, 1 week ago

Heavy RBI intervention helps rupee log best week in 19 months

Live Mint  

By Siddhi Nayak MUMBAI - The Indian rupee logged its biggest weekly rise against the dollar in seven months, lifted by the central bank's heavy intervention in the foreign exchange market and kept speculators betting against the currency at bay. The domestic unit has been under pressure amid India's sluggish economic growth, a recent interest rate cut by the Reserve …

Rupee settles 3 paise higher at 86.92 against U.S. dollar
1 month, 1 week ago

Rupee settles 3 paise higher at 86.92 against U.S. dollar

The Hindu  

The rupee settled almost flat with a gain of just 3 paise at 86.92 against the U.S. dollar on Thursday as the support from soft American currency and and easing crude oil prices overseas was negated by a lacklustre trend in domestic equities. According to forex traders, the unabated outflow of foreign funds weighed on the Indian currency and capped …

Rupee falls 8 paise to 86.87 against U.S. dollar
1 month, 1 week ago

Rupee falls 8 paise to 86.87 against U.S. dollar

The Hindu  

The rupee failed to sustain its recovery and depreciated 8 paise to close at 86.87 against the U.S. dollar on Wednesday due to a firm American currency and an unending outflow of foreign funds. According to forex traders, rupee stayed firm initially but lost grounds amid volatile domestic equity markets that also added to the trend of withdrawal by foreign …

Rupee rises 27 paise to 86.52 against U.S. dollar in early trade
1 month, 1 week ago

Rupee rises 27 paise to 86.52 against U.S. dollar in early trade

The Hindu  

The rupee sustained its recovery from lowest level for the second straight session and appreciated 27 paise to 86.52 against the U.S. dollar on Wednesday supported by easing crude oil prices and measures by the Reserve Bank. However, rupee’s gain was capped by the volatile domestic equity markets, outflow of foreign funds and strengthening American currency amid concerns over the …

RBI’s aggressive dollar sales helps rupee recover
1 month, 1 week ago

RBI’s aggressive dollar sales helps rupee recover

Deccan Chronicle  

Mumbai: The Reserve Bank of India’s aggressive intervention in the forex market over the last two days helped the rupee record its steepest single-day recovery in nearly two years despite a rising dollar index. The central bank has been aggressively intervening in the foreign exchange market over last two days by selling dollars in the spot and the forward markets …

Rupee ends 63 paise higher at 86.82 against U.S. dollar; logs highest one-day gain in 2 years
1 month, 1 week ago

Rupee ends 63 paise higher at 86.82 against U.S. dollar; logs highest one-day gain in 2 years

The Hindu  

The rupee on Tuesday rallied 63 paise, recording its steepest single-day recovery in nearly two years, to settle at 86.82 against the U.S. dollar, backed by dollar selling by banks. According to forex traders, Tuesday's sharp gain a day after sliding closer to the 88 level shows a highly volatile currency market amid concerns over the worldwide tariff war. On …

Rupee rises 61 paise to 86.84 against U.S. dollar in early trade
1 month, 1 week ago

Rupee rises 61 paise to 86.84 against U.S. dollar in early trade

The Hindu  

The rupee gained 61 paise to 86.84 against the U.S. dollar in early trade on Tuesday, after nearing closer to 88-level on Monday, amid high volatility as heightened trade war fears have created widespread economic uncertainty, significantly impacting global currency markets. The sharp depreciation in the rupee was driven primarily by the threats of reciprocal tariffs and additional protectionist measures …

Rupee settles flat at 87.50 against U.S. dollar after inching close to 88-level in intra-day trade
1 month, 1 week ago

Rupee settles flat at 87.50 against U.S. dollar after inching close to 88-level in intra-day trade

The Hindu  

The rupee on Monday plunged 45 paise and moved closer to the 88 per U.S. dollar-level, weighed down by the strength of the American currency tariff concerns, but settled on a flat note at 87.50 on suspected RBI intervention. The American currency gained in the overseas market after US President Donald Trump's plans to impose 25% tariffs on steel and …

Rupee plunges 45 paise to hit record low of 87.95 against U.S. dollar in early trade
1 month, 1 week ago

Rupee plunges 45 paise to hit record low of 87.95 against U.S. dollar in early trade

The Hindu  

The rupee depreciated 45 paise to hit a record low of 87.95 against the U.S. dollar in early trade on Monday weighed down by the strength of the American currency in the overseas market and a negative trend in domestic equities. Rupee was expected to open weaker after RBI cut rates on Friday by 25 bps and was expected to …

Rupee opens at record low of 87.92 against US dollar as Asian currencies slip on Donald Trump’s new tariff plan
1 month, 1 week ago

Rupee opens at record low of 87.92 against US dollar as Asian currencies slip on Donald Trump’s new tariff plan

Live Mint  

The Indian rupee opened at a record low on Monday, tracking losses in Asian currencies after US President Donald Trump said he will introduce more tariffs. The rupee slipped 49 paise to open at an all-time low of 87.92 against the US dollar as against its Friday’s close of 87.43 per USD. “The rupee is expected to trade at elevated …

Rupee crashes 44 paise to all-time low of 87.94 against US dollar
1 month, 1 week ago

Rupee crashes 44 paise to all-time low of 87.94 against US dollar

India Today  

The rupee hit a new all-time low on Monday as concerns over potential U.S. trade tariffs triggered losses across most regional currencies. In early trade, the rupee weakened to 87.95 per U.S. dollar, surpassing its previous record low of 87.5825 from last week. The rupee was expected to breach the 88 level at the open, but dollar sales helped it …

Rupee recovers 15 paise from all-time low level to close at 87.44 against U.S. dollar
1 month, 2 weeks ago

Rupee recovers 15 paise from all-time low level to close at 87.44 against U.S. dollar

The Hindu  

The rupee recovered 15 paise from its all-time low closing level to 87.44 against the U.S. dollar on Friday after the Reserve Bank of India reduced repo rate by 25 basis points in line with street expectations. Risk aversion in global markets amid ongoing uncertainty over US trade tariffs may also weigh on the rupee," said Anuj Choudhary -- Research …

Rupee recovers 16 paise against US dollar
1 month, 2 weeks ago

Rupee recovers 16 paise against US dollar

The Hindu  

The rupee recovered 16 paise from all-time low closing level to 87.43 against the US dollar in early trade on Friday ahead of the Reserve Bank of India's monetary policy announcement. "With current headwinds surpassing tailwinds and compounded by the RBI's rate cut expectations, the rupee is expected to trade at elevated levels between 87.20 and 87.70, with 87.20 acting …

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