Indian Rupee Hits Fresh Low Of 87.37 Against The US Dollar; Here's What Could Be The Driver
1 month, 3 weeks ago

Indian Rupee Hits Fresh Low Of 87.37 Against The US Dollar; Here's What Could Be The Driver

ABP News  

The Indian rupee hit an all-time low on Wednesday, during afternoon trade amid a slump in Asian equities. The rupee dropped to 87.35 against the US dollar, surpassing its previous record low of 87.28 set on Monday, and was down nearly 0.3 per cent for the day. Asian equities pared their gains after Chinese stocks opened lower, as investor caution grew amid escalating trade tensions between the world’s two largest economies China and the US. Dollar demand from importers put additional pressure on the rupee, although intermittent dollar sales by state-run banks helped limit further losses, according to traders, as per the Economic Times report. While a weaker dollar supported most Asian currencies on Wednesday, the rupee underperformed as traders anticipated the Reserve Bank of India’s first rate cut in nearly five years.

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History of this topic

Rupee falls 8 paise to settle at 85.77 against U.S. dollar
3 hours, 22 minutes ago

Rupee falls 8 paise to settle at 85.77 against U.S. dollar

The Hindu  

The rupee weakened by 8 paise to close at 85.77 against the U.S. dollar on Thursday, as month-end dollar demand from importers, coupled with the greenback's recovery against major currencies, weighed on the rupee. The U.S. dollar strengthened after U.S. president Donald Trump late on Wednesday announced long-promised 25% tariffs on automotive imports, set to take effect on April 2. …

Rupee falls 13 paise to settle at 85.74 against U.S. dollar
2 days, 3 hours ago

Rupee falls 13 paise to settle at 85.74 against U.S. dollar

The Hindu  

The rupee snapped its seven-session rally and settled with a loss of 13 paise at 85.74 against the U.S. dollar on Tuesday, as increased demand for dollars from importers, coupled with the greenback's recovery against major currencies, weighed on the rupee. Forex traders said the Indian rupee halted its seven-day winning streak, reflecting a shift in market sentiment towards risk …

Rupee hits two-month high of 85.93 against US dollar on fresh inflows, logs biggest weekly gain in over two years
Trending News
6 days, 2 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 …

Indian rupee set to post best weekly performance in two years on US dollar inflows
6 days, 6 hours ago

Indian rupee set to post best weekly performance in two years on US dollar inflows

Live Mint  

The Indian rupee inched up on Friday, maintaining its weekly upward trend, with dollar inflows helping mitigate the impact of the decline in Asian peers. The local currency is on course for its best weekly performance in two years on the back of inflows via foreign banks and amid traders unwinding speculative long-dollar positions. It was likely that the inflow …

Rupee to withstand recovery in dollar index, hold on to weekly advance
Trending News
6 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 heads for best week in 2 years as dollar inflows rise
6 days, 14 hours ago

Rupee heads for best week in 2 years as dollar inflows rise

India Today  

The rupee looks set for its best week in the past two years as it gained 0.3% on Friday, supported by strong dollar inflows. Rupee hit a record low of over 87 against the US dollar for the first time ever in early February this year as a reaction to US President Donald Trump’s tariffs. FOREIGN INFLOWS DRIVE RUPEE Currency …

Bears bail as inflows boost Indian rupee to near two-month high
1 week ago

Bears bail as inflows boost Indian rupee to near two-month high

Live Mint  

By Jaspreet Kalra and Nimesh Vora MUMBAI, March 20 - The Indian rupee hit a near two-month high on Thursday, boosted by dollar sales by foreign banks and the culling of bearish wagers as seasonal inflows propped up the currency. Traders have attributed the rupee's recent rally primarily to dollar sales by foreign banks, likely on behalf of their clients. …

Rupee rises 12 paise to 86.25 against U.S. dollar in early trade
Top News
1 week 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
1 week, 1 day 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
1 week, 1 day 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 jumps 24 paise to close at 86.81 against U.S. dollar
1 week, 3 days 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, 3 days 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 touches three-week high aided by foreign banks’ dollar offers
1 week, 3 days 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
2 weeks 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
2 weeks, 2 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, 3 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 slumps on strong demand to buy dollars at daily fix, weak yuan
2 weeks, 3 days ago

Rupee slumps on strong demand to buy dollars at daily fix, weak yuan

Live Mint  

By Jaspreet Kalra MUMBAI, March 10 - The Indian rupee weakened on Monday on the back of strong demand to buy dollars at the daily reference rate and as the Chinese yuan slipped amid worries about the country's economy and a global trade war. The reference rate, or the daily fix, was quoted at a 1/1.20 paisa premium, signalling strong …

Weaker dollar unlikely to help rupee amid tariff worries, importer hedging
Trending News
2 weeks, 3 days ago

Weaker dollar unlikely to help rupee amid tariff worries, importer hedging

Live Mint  

By Jaspreet Kalra MUMBAI, March 10 - The Indian rupee is likely to open lower on Monday despite weakness in the U.S. dollar as concerns over global trade tensions continue to dampen risk appetite, while importers' hedging requirements may also weigh on the currency. U.S. President Donald Trump's tariff policies are also likely to stay in focus amid concerns about …

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

Broad dollar weakness helps rupee post best day in over three weeks
3 weeks, 1 day ago

Broad dollar weakness helps rupee post best day in over three weeks

Live Mint  

By Jaspreet Kalra MUMBAI, March 5 - The Indian rupee rose on Wednesday as a broadly weaker U.S. dollar spurred gains in most Asian currencies, with investors fretting over a slowdown in the U.S. and how trade tariffs may impact the world's largest economy. Concerns about the U.S. growth outlook alongside uncertainty about the growth-inflation impact of trade tariffs have …

Rupee rises 9 paise to 87.10 against US dollar in early trade
3 weeks, 1 day 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
3 weeks, 2 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
3 weeks, 2 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 rises 9 paise to 87.28 against U.S. dollar in early trade
3 weeks, 3 days 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 for fifth straight month in February on outflows, hedging demand
3 weeks, 6 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, 6 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
1 month 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
1 month 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 crash casts shadow over US-bound Indian students’ dreams; total cost may go up by ₹3.7 lakh a year
1 month ago

Rupee crash casts shadow over US-bound Indian students’ dreams; total cost may go up by ₹3.7 lakh a year

Live Mint  

As the Indian rupee continues to fall against the US dollar, students from India who plan to travel abroad for higher studies stare at a tough road ahead. Although the banking regulator’s intervention strengthened the rupee by nearly one per cent against the US dollar, the rupee still trades nearly five per cent lower than its level one year ago. …

Rupee Falls 51 Paise to 87.23, Worst Drop in 3 Weeks
1 month 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
1 month 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
1 month 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
1 month 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, 1 week 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, 1 week 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 to gauge fresh round of tariff threats, cautious Fed outlook
1 month, 1 week ago

Rupee to gauge fresh round of tariff threats, cautious Fed outlook

Live Mint  

By Jaspreet Kalra MUMBAI, Feb 20 - The Indian rupee is likely to open little changed on Thursday as traders assess fresh U.S. tariff threats and a cautious rate outlook from the Federal Reserve after its latest policy meeting minutes highlighted upside risks to inflation. Indian pharmaceutical stocks declined on Wednesday following Trump's tariff threat as the U.S. accounts for …

Rupee falls 8 paise to close at 86.96 against U.S. dollar
1 month, 1 week 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, 1 week 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’s dip cushioned by likely RBI intervention, forward premiums decline
1 month, 1 week ago

Rupee’s dip cushioned by likely RBI intervention, forward premiums decline

Live Mint  

By Jaspreet Kalra MUMBAI, Feb 18 - The Indian rupee weakened slightly on Tuesday as the impact of weak regional currencies and heightened dollar demand - spurred by positions in the non-deliverable forwards market - was blunted by likely dollar-selling by the central bank. However, state-run banks were spotted offering dollars in early trading near the 86.94-86.95 levels, most likely …

Rupee falls 8 paise to 86.96 against U.S. dollar in early trade
1 month, 1 week ago

Rupee falls 8 paise to 86.96 against U.S. dollar in early trade

The Hindu  

The rupee depreciated 8 paise to 86.96 against the U.S. dollar in early trade on Tuesday, weighed down by sustained foreign fund outflows and a negative trend in domestic equities. 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. A decisive …

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 …

Why is the Indian stock market falling today? Explained with five crucial reason
1 month, 1 week ago

Why is the Indian stock market falling today? Explained with five crucial reason

Live Mint  

Stock market news: The Indian stock market witnessed some buying on Monday after losing for eight straight sessions. According to stock market experts, Dalal Street is under selling pressure due to five crucial reasons: weak corporate earnings, economic uncertainty, FII selling, high valuations ahead of the new financial year, and US banks flying gold from London to New York. They …

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 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 …

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