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 on account of uncertainty pervading the global macroeconomy. Indian rupee, like other Asian currencies, depreciated against the U.S. dollar on account of uncertainty pervading the global macro economy,” Ms. Sitharaman said in her reply to a discussion on the Union Budget 2025-26 in Rajya Sabha.

Rupee Dollar Gain 2 Paise Paise 12 Paise 12 2025  currencies  lower  paise  domestic  rupee  8681  unit  dollar  gain  global  rises  close  12  2025

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
3 days, 1 hour 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
3 days, 11 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 1 paisa to close at 86.36 against U.S. dollar
4 days, 2 hours ago

Rupee rises 1 paisa to close at 86.36 against U.S. dollar

The Hindu  

The rupee stayed firm and appreciated 1 paisa to close at 86.36 against the U.S. dollar on Thursday supported by positive domestic equities. However, risks remain due to unabated foreign institutional investor sell-off, and uncertainty surrounding Trump’s tariff stance could pose challenges to the rupee’s upward momentum. Forex traders further said Federal Reserve Chair Jerome Powell has made it clear …

Rupee rises 12 paise to 86.25 against U.S. dollar in early trade
Top News
4 days, 8 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
5 days, 3 hours 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
5 days, 8 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
6 days, 2 hours 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 rises 10 paise to 86.71 against U.S. dollar in early trade
6 days, 8 hours ago

Rupee rises 10 paise to 86.71 against U.S. dollar in early trade

The Hindu  

The rupee appreciated 10 paise to 86.71 against the U.S. dollar in early trade on Tuesday, tracking its Asian peers and supported by positive domestic equities. Fears that US President Donald Trump's aggressive tariff policies could trigger a broader economic slowdown have undermined the greenback, said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP. "Due …

Rupee jumps 24 paise to close at 86.81 against U.S. dollar
1 week 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
1 week 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 rises 25 paise to 86.80 against U.S. dollar in early trade
1 week ago

Rupee rises 25 paise to 86.80 against U.S. dollar in early trade

The Hindu  

The rupee appreciated 25 paise to 86.80 against the U.S. dollar in early trade on Monday, as domestic equities opened on a higher note and Asian currencies continued to remain on the stronger side. At the interbank foreign exchange, the rupee opened at 86.90 against the greenback, then gained some ground and touched 86.80 against the greenback, up 25 paise …

Rupee touches three-week high aided by foreign banks’ dollar offers
1 week ago

Rupee touches three-week high aided by foreign banks’ dollar offers

Live Mint  

By Jaspreet Kalra MUMBAI, March 17 - The Indian rupee strengthened on Monday, boosted by dollar sales from foreign banks and as the greenback lingered near a 5-month low against major peers on worries about a slowdown in the world's largest economy. Foreign banks were spotted offering dollars in early trading, which helped the rupee, a trader at a state-run …

Rupee surges 22 paise to settle at 87 against U.S. dollar
1 week, 4 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, 6 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
2 weeks 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, 4 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, 4 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, 5 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, 5 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, 6 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, 6 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 settles 3 paise higher at 87.34 against U.S. dollar
3 weeks ago

Rupee settles 3 paise higher at 87.34 against U.S. dollar

The Hindu  

The rupee settled with a gain of 3 paise at 87.34 against the U.S. dollar on Monday amid weakness of the American currency in the overseas market and lower crude oil prices. “Going further, Mr. Choudhary said, “traders may take cues from ISM manufacturing PMI data from the U.S., while the USD-INR spot price is expected to stay in a …

Rupee rises 9 paise to 87.28 against U.S. dollar in early trade
3 weeks ago

Rupee rises 9 paise to 87.28 against U.S. dollar in early trade

The Hindu  

The rupee appreciated 9 paise to 87.28 against the U.S. dollar in early trade on Monday as the American currency index retreated from elevated level and domestic equity markets indicated some recovery after firm macroeconomic data. The Reserve Bank on Friday conducted U.S. dollar-rupee swap worth $10 billion for injecting long-term liquidity in the system, with the auction eliciting robust …

Rupee falls 19 paise to 87.37 against U.S. dollar in early trade
3 weeks, 3 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, 4 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 Falls 51 Paise to 87.23, Worst Drop in 3 Weeks
3 weeks, 5 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, 6 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, 6 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 plunges 51 paise to end at 87.23, worst in 3 weeks
3 weeks, 6 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 …

Rupee rises 1 paisa to 86.67 against U.S. dollar in early trade
1 month ago

Rupee rises 1 paisa to 86.67 against U.S. dollar in early trade

The Hindu  

The rupee rose 1 paisa to 86.67 against the U.S. dollar in early trade on Monday amid a weakening greenback against international currencies. However, a sharp fall in the domestic equity markets in morning trade, a decline in the country's forex reserves and sustained FII outflows prevented further gains, forex traders said. At the interbank foreign exchange, the domestic unit …

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, 1 week 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 trades in narrow range against U.S. dollar in early trade
1 month, 1 week ago

Rupee trades in narrow range against U.S. dollar in early trade

The Hindu  

The rupee witnessed a range-bound trade and depreciated 5 paise to 86.76 against the U.S. dollar in initial deals on Monday, weighed down by significant foreign fund outflows and a negative trend in domestic equities. 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 …

Rupee trades in narrow range against US dollar in early trade
1 month, 1 week ago

Rupee trades in narrow range against US dollar in early trade

Live Mint  

Mumbai, The rupee witnessed a range-bound trade and depreciated 5 paise to 86.76 against the US dollar in initial deals on Monday, weighed down by significant foreign fund outflows and a negative trend in domestic equities. 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 …

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 …

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 rises 14 paise to 86.81 against U.S. dollar in early trade
1 month, 1 week ago

Rupee rises 14 paise to 86.81 against U.S. dollar in early trade

The Hindu  

The rupee climbed 14 paise to 86.81 against the U.S. dollar in early trade on Thursday on the back of easing American currency and receding crude oil prices overseas. The local unit, which was under pressure due to unending foreign fund withdrawal, found support due to some recovery in domestic equity markets triggered by the better-than-expected inflation data that was …

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 …

INR vs USD: Rupee rises for second day, hits two-week high on RBI intervention
1 month, 1 week ago

INR vs USD: Rupee rises for second day, hits two-week high on RBI intervention

Live Mint  

The Indian rupee rose on Wednesday, hitting a nearly two-week high and extending its two-day rally spurred by central bank intervention, which analysts reckon may have forced the liquidation of bearish positions on the currency. "The central bank's decisive hand is likely to stabilise the rupee in the near term, with the direction thereafter to be dictated by global dollar …

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 …

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