Rupee plunges to all-time low, reaches Rs 85 against US dollar
Trending News
4 days, 18 hours ago

Rupee plunges to all-time low, reaches Rs 85 against US dollar

India Today  

Rupee fell to an all-time low against the US dollar on Thursday, breaching the Rs 85 mark for the first time. This decline comes after the US Federal Reserve cut key interest rates by 25 bps and signalled fewer rate cuts in 2025, putting additional strain on the currency, which has already been under pressure due to weak capital inflows and other economic challenges. India’s slowing economic growth has also led to speculation that the Reserve Bank of India may need to cut rates soon, adding to downward pressure on the rupee. Despite routine interventions by the Reserve Bank of India to stabilise the currency, analysts believe the rupee’s muted volatility of recent years may not continue in 2025.

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History of this topic

Rupee recovers from all-time low, gains 10 paise to 85.03 against U.S. dollar
3 days, 7 hours ago

Rupee recovers from all-time low, gains 10 paise to 85.03 against U.S. dollar

The Hindu  

The rupee saw some recovery from its all-time low level and appreciated 10 paise to close at 85.03 against the U.S. dollar on Friday, on softening of the U.S. dollar index and a potential intervention by the Reserve Bank of India. On Thursday, the rupee depreciated 19 paise and breached the crucial 85 level to close at a fresh all-time …

Rupee recovers from all-time low, gains 6 paise to 85.07 against US dollar in early trade
3 days, 12 hours ago

Rupee recovers from all-time low, gains 6 paise to 85.07 against US dollar in early trade

Deccan Chronicle  

Mumbai: The rupee saw some recovery from its all-time low level and appreciated 6 paise to 85.07 against the US dollar in early trade on Friday. The Dollar Index is expected to remain elevated, with resistance near the 110 level in the near term amid a reduced likelihood of significant Fed rate cuts in 2025. On Thursday, the rupee depreciated …

Rupee hits all-time low against US dollar. Why is it under pressure?
3 days, 18 hours ago

Rupee hits all-time low against US dollar. Why is it under pressure?

India Today  

The Indian rupee weakened to a record low of 85.10 against the US dollar on Friday, weighed down by persistent dollar strength following robust US economic data that reinforced the Federal Reserve's hawkish stance. Additionally, the US Federal Reserve’s projection of fewer rate cuts in 2025 amid sticky inflation has strengthened the US dollar, making emerging market currencies like the …

Rupee falls 14 paise to close at all-time low of 85.08 against U.S. dollar
4 days, 6 hours ago

Rupee falls 14 paise to close at all-time low of 85.08 against U.S. dollar

The Hindu  

The rupee dropped 14 paise and breached the crucial 85 level to close at an all-time low of 85.08 against the U.S. dollar on Thursday, as a hawkish stance from the U.S. Federal Reserve sparked a broad dollar rally. Forex traders said the Indian rupee breached the 85-mark for the first time and fell to a new record low on …

Indian Rupee Decline: Rupee falls 12 paise to all-time low of 85.06 against US dollar in early trade
4 days, 13 hours ago

Indian Rupee Decline: Rupee falls 12 paise to all-time low of 85.06 against US dollar in early trade

The Hindu  

The rupee dropped 12 paise to an all-time low of 85.06 against the US dollar in early trade on Thursday, as a hawkish tilt from the US Federal Reserve sparked a broad dollar rally. Forex traders said the US Federal Reserve has adjusted its projections for 2025, signalling a more cautious monetary policy stance, pressuring emerging market currencies, including the …

Rupee falls 3 paise to close at all-time low of 84.94 against U.S. dollar
5 days, 6 hours ago

Rupee falls 3 paise to close at all-time low of 84.94 against U.S. dollar

The Hindu  

The rupee dropped 3 paise to close at an all-time low of 84.94 against the U.S. dollar on Wednesday, as traders await cues from the US Fed on the interest rate front. The unit finally ended the session lower by 3 paise at an all-time low closing level of 84.94 against the dollar. On Tuesday, the rupee revisited its all-time …

Rupee settles on flat note, up 1 paisa at 84.90 against U.S. dollar
6 days, 7 hours ago

Rupee settles on flat note, up 1 paisa at 84.90 against U.S. dollar

The Hindu  

The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 84.90 against the U.S. dollar on Tuesday, weighed down by disappointing trade balance data and weak domestic markets. A strong US dollar and FII outflows may further weigh on the rupee," said Anuj Choudhary, Research Analyst at Sharekhan by BNP Paribas. On the …

Indian Rupee Decline: Rupee falls 1 paisa to all-time low of 84.92 against U.S. dollar
6 days, 13 hours ago

Indian Rupee Decline: Rupee falls 1 paisa to all-time low of 84.92 against U.S. dollar

The Hindu  

The rupee dropped 1 paisa to hit a new lifetime low of 84.92 against the U.S. dollar in early trade on Tuesday, weighed down by foreign fund outflows and a muted trend in domestic equities. “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 …

Record trade deficit adds to rupee’s challenges, may open to all-time low
6 days, 15 hours ago

Record trade deficit adds to rupee’s challenges, may open to all-time low

Live Mint  

By Nimesh Vora MUMBAI, Dec 17 - The Indian rupee may slip to an all-time low on Tuesday with the currency, already under pressure from slowing growth, choppy equity flows and a dollar rally, will have to contend with an unexpected widening in trade deficit to a record high. The jump in gold imports and weak exports pushed India's merchandise …

Rupee falls 9 paise to all-time low of 84.89 against U.S. dollar
1 week ago

Rupee falls 9 paise to all-time low of 84.89 against U.S. dollar

The Hindu  

The rupee depreciated by 9 paise to close at an all-time low level of 84.89 against the U.S. dollar on Monday, dragged down by a negative trend in domestic equities. Forex traders said the Indian rupee declined on weak domestic markets and rising U.S. bond yields. On Friday, the rupee rebounded from its all-time low level and settled with a …

Rupee falls 3 paise to 84.83 against U.S. dollar in early trade
Trending News
1 week ago

Rupee falls 3 paise to 84.83 against U.S. dollar in early trade

The Hindu  

The rupee fell 3 paise to 84.83 against the U.S. dollar in early trade on Monday, dragged down by a muted trend in domestic equities and elevated crude oil prices. On Friday, the rupee rebounded from its all-time low level and settled with a gain of 8 paise at 84.80 against the U.S. dollar. Additionally, Foreign Institutional Investors turning net …

Indian rupee to face renewed pressure as US yields climb
1 week ago

Indian rupee to face renewed pressure as US yields climb

Live Mint  

By Nimesh Vora MUMBAI, Dec 16 - The Indian rupee, having witnessed slight relief late last week, is likely to come under renewed strain on Monday on the back of a further rise in U.S. Treasury yields. "With inflation remaining sticky, and President-elect Trump looking to strengthen the U.S. growth performance, the Fed is set to signal a more cautious …

Rupee recovers 10 paise to end at 84.78 against U.S. dollar
Trending News
1 week, 3 days ago

Rupee recovers 10 paise to end at 84.78 against U.S. dollar

The Hindu  

The rupee rebounded from its all-time low level and settled with a gain of 10 paise at 84.78 against the U.S. dollar on Friday, buoyed by a strong recovery in domestic equity markets and easing inflation data. The latest official data released on Thursday showed India’s retail inflation eased in November to 5.48% and came within the Reserve Bank’s comfort …

Inflows help rupee end higher on day but weekly losing streak persists
1 week, 3 days ago

Inflows help rupee end higher on day but weekly losing streak persists

Live Mint  

By Jaspreet Kalra MUMBAI, Dec 13 - The Indian rupee logged its the sixth consecutive weekly decline on Friday as pressure remained on account of heightened dollar demand in the non-deliverable forwards market and a weaker yuan while mild inflows helped the currency on the day. U.S. producer price inflation data released on Thursday reaffirmed investor expectations of a 25-basis …

Rupee holds up in face of broad dollar rally thanks to central bank
1 week, 3 days ago

Rupee holds up in face of broad dollar rally thanks to central bank

Live Mint  

By Nimesh Vora MUMBAI, Dec 13 - The Reserve Bank of India's intervention on Friday helped the rupee avoid the losses that other Asian currencies had to endure in the wake of higher U.S. yields. The rupee was at 84.8300 to the U.S. dollar at 10:42 a.m. IST, marginally up from 84.8575 in the previous session. The RBI likely sold …

Rupee recovers from all-time low, gains 5 paise to 84.83 against U.S. dollar in early trade
1 week, 3 days ago

Rupee recovers from all-time low, gains 5 paise to 84.83 against U.S. dollar in early trade

The Hindu  

The rupee saw some recovery from its all-time low level and appreciated 5 paise to 84.83 against the U.S. 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. The latest official …

Rupee hits new low of 84.88 against USD
1 week, 3 days ago

Rupee hits new low of 84.88 against USD

New Indian Express  

The rupee is expected to trade near 84.5 against the dollar by end December. A strong dollar continues to create a depreciating bias for currencies globally and is likely to sustain FPI outflows from Indian markets in the near term. As a result, the 10Y UST yield has surged by 71bps between October and November, while the dollar index has …

Rupee hits fresh all-time low, settles 4 paise lower at 83.87 against dollar
1 week, 4 days ago

Rupee hits fresh all-time low, settles 4 paise lower at 83.87 against dollar

The Hindu  

The rupee depreciated by 4 paise to settle at an all-time low of 84.87 against the U.S. dollar on Thursday, dragged down by negative domestic equity markets, outflow of foreign funds and rise in crude oil prices. The unit finally ended the session 4 paise down at a fresh all-time low closing level of 84.87 against the dollar. Rupee's previous …

Rupee hits record low, RBI intervention counters bearish tilt
1 week, 4 days ago

Rupee hits record low, RBI intervention counters bearish tilt

Live Mint  

By Jaspreet Kalra MUMBAI, Dec 12 - The Indian rupee fell to an all-time low on Thursday, pressured by a lingering depreciation bias and heightened demand for the U.S. dollar in the non-deliverable forwards market, while the central bank's intervention helped prevent sharp losses. The dollar index was little changed at 106.5, unfazed by the elevated odds of a December …

Rupee hits lifetime low before RBI intervened to stop further decline
1 week, 4 days ago

Rupee hits lifetime low before RBI intervened to stop further decline

Firstpost  

The Indian rupee weakened to a low of 84.88 to the US dollar, down 0.04 per cent on the day. The Indian rupee declined to its all-time low on Thursday, pressured by dollar bids in the non-deliverable forwards market and from importers while intervention by the central bank kept a lid on losses, traders said. Heightened dollar demand in the …

Rupee takes a dive, more turbulence in 2025
1 week, 4 days ago

Rupee takes a dive, more turbulence in 2025

Live Mint  

What triggered the rupee’s recent fall? The Indian rupee breached a record low of 84.85 per dollar this week and briefly tested 85.06-per-dollar levels as outgoing Reserve Bank of India governor Shaktikanta Das’s term ended on Tuesday. However, increasing geopolitical uncertainty, attractive US government bond yields, cheaper crude oil prices and heavy foreign institutional investor outflow from domestic equities further …

Rupee falls 2 paise to all-time low of 84.87 against U.S. dollar in early trade
1 week, 5 days ago

Rupee falls 2 paise to all-time low of 84.87 against U.S. dollar in early trade

The Hindu  

The rupee fell 2 paise to all-time low of 84.87 against the U.S. dollar in early trade on Wednesday, amid rising expectations of a shift in the Reserve Bank’s monetary policy stance post the appointment of Sanjay Malhotra as the new RBI Governor. At the interbank foreign exchange, the rupee opened at 84.87, its all-time low against the greenback, registering …

Rupee drops 8 paise to close at 84.74 against U.S. dollar
2 weeks ago

Rupee drops 8 paise to close at 84.74 against U.S. dollar

The Hindu  

The rupee depreciated 8 paise to close at 84.74 against the U.S. dollar on Monday, dragged down by fresh foreign fund outflows and a muted trend in domestic equities. Forex traders said the rupee remains in a weakening mode due to dollar demand from importers and foreign banks. The Reserve Bank of India on Friday kept its key interest rate …

Rupee ends marginally lower, near-term bearish bias tipped to persist
2 weeks ago

Rupee ends marginally lower, near-term bearish bias tipped to persist

Live Mint  

By Jaspreet Kalra MUMBAI, Dec 9 - The Indian rupee closed slightly weaker on Monday, weighed down by a decline in its Asian peers with analysts expecting the local currency to continue facing headwinds amid persistent strength in the U.S. dollar. While U.S. labour market data released on Friday drove U.S. bond yields lower on heightened expectations of a Federal …

Rupee falls 7 paise to 84.73 against US dollar in early trade
2 weeks ago

Rupee falls 7 paise to 84.73 against US dollar in early trade

The Hindu  

The rupee fell 7 paise to trade at 84.73 against the U.S. dollar in early trade on Monday dragged down by foreign fund outflows and a muted trend in domestic equities. At the interbank foreign exchange, the rupee opened at 84.70 against the greenback, then touched 84.73 in the initial trade, registering a fall of 7 paise over its previous …

Rupee's slide: What it means for economy, markets, and you
2 weeks, 5 days ago

Rupee's slide: What it means for economy, markets, and you

India Today  

The rupee’s recent tumble to a record low of 84.73 against the US dollar has raised concerns about its impact on the economy and people’s daily lives. Although the rupee has recovered slightly today due to gains in the Chinese yuan, the recent drop reflects a confluence of global and domestic factors, creating ripple effects that extend beyond currency markets. …

Rupee falls 2 paise to 84.49 against U.S. dollar in early trade
3 weeks, 3 days ago

Rupee falls 2 paise to 84.49 against U.S. dollar in early trade

The Hindu  

The rupee fell 2 paise to trade at 84.49 against the U.S. dollar in early trade on Friday dragged down by significant foreign fund outflows and month-end dollar demand from importers. Forex traders said the rupee remains in a weakening mode due to dollar demand from importers and foreign banks. On Thursday, the rupee depreciated 7 paise to close at …

Rupee to bypass recovery in Asian peers on worries over outflows
3 weeks, 3 days ago

Rupee to bypass recovery in Asian peers on worries over outflows

Live Mint  

By Nimesh Vora MUMBAI, Nov 29 - The Indian rupee is likely to hover near its all-time low on Friday as concerns about portfolio outflows override the recovery in Asian peers. The 1-month non-deliverable forward indicated the rupee will open at 84.4850-84.4950 to the U.S. dollar, nearly unchanged from its close on Thursday and near the lifetime low of 84.5075 …

Rupee rises 7 paise to 84.22 against US dollar in early trade
3 weeks, 6 days ago

Rupee rises 7 paise to 84.22 against US dollar in early trade

Deccan Chronicle  

Rupee appreciated 7 paise to 84.22 against the US dollar in morning trade on Tuesday, on a sharp rebound in domestic equities amid improved investor risk appetite.Forex traders said the MSCI equity index rebalancing significantly boosted sentiment for Indian equity markets as foreign institutional investors broke a 40-session streak of net selling by purchasing Rs 9,947 crores on Monday, lending …

Dollar rebound and persistent outflows to keep rupee under pressure
1 month ago

Dollar rebound and persistent outflows to keep rupee under pressure

Live Mint  

By Jaspreet Kalra MUMBAI, Nov 22 - The Indian rupee is expected to stay on the back foot on Friday, pressured by a rebound in the dollar amid uncertainty about the pace of rate cuts in the United States, while persistent portfolio outflows also remain a worry for the local currency. Recent comments from some U.S. Federal Reserve officials have …

Strong US dollar, domestic sell-off push rupee to all time low of 84.50
1 month ago

Strong US dollar, domestic sell-off push rupee to all time low of 84.50

Hindustan Times  

Indian rupee depreciated eight paise on Thursday to settle at an all-time low of 84.50 against the US dollar. A strong dollar continues to create a depreciating bias for currencies globally and is likely to sustain FPI outflows from Indian markets in the near-term. However, interventions by the Reserve Bank of India, supported by India's healthy foreign exchange reserves, should …

Rupee falls 4 paise to close at all-time low of 84.43 against U.S. dollar
1 month, 1 week ago

Rupee falls 4 paise to close at all-time low of 84.43 against U.S. dollar

The Hindu  

The rupee traded in a tight range and fell 4 paise to close at an all-time low of 84.43 against the U.S. dollar on Thursday, weighed down by unabated foreign fund outflows and strong dollar demand from investors. "There was no respite on the US inflation front as the data released yesterday showed that the U.S. core consumer price index …

Rupee slips 1 paisa to close at fresh all-time low of 84.39 against U.S. dollar
1 month, 1 week ago

Rupee slips 1 paisa to close at fresh all-time low of 84.39 against U.S. dollar

The Hindu  

The rupee fell 1 paisa to a new lifetime low of 84.39 against the U.S. dollar on Tuesday as persistent foreign fund outflows and a strengthening greenback against major crosses overseas dented investor sentiments. On Monday, the rupee dropped 1 paisa to hit a new lifetime low of 84.38 against the U.S. dollar. Additionally, US Fed Chairperson Jerome Powell's upcoming …

Rupee falls to all-time low against US dollar
1 month, 1 week ago

Rupee falls to all-time low against US dollar

Deccan Chronicle  

Mumbai: The rupee slipped 2 paise to an all-time low of 84.40 against the US dollar in early trade on Tuesday, as persistent foreign fund outflows and strength of the American currency in the overseas market dented investors' sentiments. Forex traders said the rupee is expected to trade between 83.80 and 84.50 in the medium term with the Reserve Bank …

INR vs USD: Indian National Rupee hits record low of 84.38 against the US Dollar; Will it depreciate further?
1 month, 1 week ago

INR vs USD: Indian National Rupee hits record low of 84.38 against the US Dollar; Will it depreciate further?

Live Mint  

The Indian rupee hit a record low on Monday against the US dollar, reflecting broader weakness among Asian currencies under pressure following Donald Trump’s victory in the U.S. elections. The dollar index, which gauges the greenback’s strength against a basket of six currencies, was trading higher by 0.05% at 105.05, near the four-month peak achieved last week following Trump’s win. …

Rupee plunges to all-time low of 84.38 against US dollar
Trending News
1 month, 1 week ago

Rupee plunges to all-time low of 84.38 against US dollar

India Today  

The rupee hit a record low against the US dollar on Monday, as concerns surrounding the recent victory of Donald Trump in the US elections put Asian currencies under pressure. FOREIGN INVESTORS PULL MONEY FROM INDIAN STOCKS Foreign investors have been offloading Indian stocks at a notable pace, adding further pressure on the rupee. Market experts say the rupee could …

Donald Trump's Win In The US Elections Weighs Down Rupee, Currency Hits All-Time Low
1 month, 2 weeks ago

Donald Trump's Win In The US Elections Weighs Down Rupee, Currency Hits All-Time Low

ABP News  

The Indian Rupee suffered a major blow this week in the aftermath of Donald Trump winning the US Presidential Elections. On Friday, the domestic currency slipped to a record low and clocked the worst weekly fall seen since May. Trump securing his win and becoming the President of the United States helped provide a boost to the dollar and US …

Rupee falls 5 paise to all-time low of 84.37 against US dollar in early trade
1 month, 2 weeks ago

Rupee falls 5 paise to all-time low of 84.37 against US dollar in early trade

The Hindu  

The rupee fell 5 paise to an all-time low of 84.37 against the US dollar in early trade on Friday, weighed down by persistent foreign fund outflows and a muted trend in domestic equities. At the interbank foreign exchange, the rupee opened at 84.32 against the greenback, then it fell further to an all-time low of 84.37, registering a rise …

Rupee falls 6 paise to fresh all-time low of 84.37 against US dollar
1 month, 2 weeks ago

Rupee falls 6 paise to fresh all-time low of 84.37 against US dollar

The Hindu  

The rupee declined 6 paise to close at a fresh lifetime low of 84.37 against the U.S. dollar on Thursday, as weak domestic equities and sustained foreign fund outflows dented market sentiment. On Wednesday, the rupee depreciated 22 paise to close at an all-time low of 84.31 against the U.S. dollar. However, the softening of the U.S. Dollar index from …

Rupee hits all-time low; check out four key factors leading to INR depreciation
1 month, 2 weeks ago

Rupee hits all-time low; check out four key factors leading to INR depreciation

Live Mint  

The rupee declined by 2 paise to reach a historic low of 84.13 against the US dollar during early trading on Tuesday, in anticipation of the US presidential election. The rupee ended at a historic low on Monday and began the day at a new low of 84.13 as US elections created turbulence in stock markets alongside ongoing foreign fund …

Indian rupee touches all-time low due to equity outflows from domestic market; US elections in focus
1 month, 2 weeks ago

Indian rupee touches all-time low due to equity outflows from domestic market; US elections in focus

Live Mint  

The Indian rupee reached an all-time low on Monday, November 4, as the continuous outflow from local stocks eased the impact of a weaker dollar. The news agency Reuters reported that it also helped lift the dollar's regional peers ahead of the U.S. presidential elections. According to the report, the Indian rupee closed at 84.1150 against the U.S. dollar after …

Rupee turns flat at 83.96 against U.S. dollar in early trade
2 months, 2 weeks ago

Rupee turns flat at 83.96 against U.S. dollar in early trade

The Hindu  

The rupee paused its slide and traded flat at 83.96 against the U.S. dollar in early deals on Friday amid retreating crude oil prices and a weak American currency against major Asian rivals. “Subdued sentiment in the domestic equity markets amid massive outflows of foreign funds in the past three days played a spoilsport and prevented a recovery in the …

Rupee settles 11 paise lower at 83.80 against U.S. dollar amid steep fall in equity markets
2 months, 3 weeks ago

Rupee settles 11 paise lower at 83.80 against U.S. dollar amid steep fall in equity markets

The Hindu  

Rupee depreciated 11 paise to settle at 83.80 against the U.S. dollar on Monday taking cues from equity markets that saw a steep fall of over 1% amid volatile crude oil prices and outflow of foreign funds. However, a weak greenback against major currencies supported the local unit, Forex traders said, while investors showed muted participation awaiting cues from domestic …

Rupee falls four paise to settle at 83.70 against U.S. dollar
2 months, 3 weeks ago

Rupee falls four paise to settle at 83.70 against U.S. dollar

The Hindu  

The Rupee declined four paise to settle at 83.70 against the U.S. dollar on Friday amid subdued domestic equity markets and increased month-end demand for the American currency. “However, sliding crude prices in the international market and renewed foreign fund inflows supported the local unit and restricted the fall,” forex dealers said. Analysts said the market participants were awaiting cues …

Rupee rises 2 paise to 83.64 against US dollar
2 months, 3 weeks ago

Rupee rises 2 paise to 83.64 against US dollar

The Hindu  

Rupee rises 2 paise to 83.64 against the US dollar in early trade on Friday amid softening crude oil prices and inflow of foreign funds. The Indian currency was, however, weighed down by a subdued domestic equity market and a stronger greenback against major rivals overseas amid increased month-end dollar demand from importers, forex traders said. At the interbank foreign …

Rupee rises 3 paise to 83.60 against U.S. dollar
2 months, 4 weeks ago

Rupee rises 3 paise to 83.60 against U.S. dollar

The Hindu  

The rupee appreciated 3 paise to close at 83.60 against the U.S. dollar on Wednesday, tracking a positive trend in domestic equities and a weak greenback against major currencies overseas. “However, net foreign fund outflows capped sharp gains in the local unit,” Forex traders said. However, the domestic currency gave up most of its gains to settle at 83.60, 3 …

Rupee rises 10 paise to 83.53 against U.S. dollar in early trade
2 months, 4 weeks ago

Rupee rises 10 paise to 83.53 against U.S. dollar in early trade

The Hindu  

The rupee appreciated 10 paise to 83.53 against the U.S. dollar in early trade on Wednesday, on the overall dollar weakness in the overseas market. Forex traders said the U.S. dollar has weakened against majors post the weak consumer confidence print. "The Indian rupee which depreciated on Tuesday opened stronger on the overall dollar weakness against Asian currencies and European …

Rupee rises 9 paise to 83.56 against US dollar in early trade
3 months ago

Rupee rises 9 paise to 83.56 against US dollar in early trade

The Hindu  

The rupee sustained its gaining streak for the third straight session and rose 9 paise to 83.56 against the US dollar in early trade on Friday buoyed by a firm domestic equity market and weakening American currency. At the interbank foreign exchange market, the Indian currency opened at 83.63 and strengthened further to 83.56 against the greenback, trading 9 paise …

Rupee rises 5 paise to 83.87 against U.S. dollar in early trade
3 months, 1 week ago

Rupee rises 5 paise to 83.87 against U.S. dollar in early trade

The Hindu  

The rupee appreciated by 5 paise to 83.87 against the U.S. dollar in early trade on Monday supported by weakening of the American currency in the overseas market and significant foreign fund inflows. At the interbank foreign exchange market, the local unit opened at 83.89, then inched further to touch 83.87, registering a rise of 5 paise from its previous …

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