Rupee hits record low before recovering; RBI intervention limits volatility amid challenges
Dec 20, 2024, at 08:23 pm
Mumbai: The Indian rupee fell to a record low on Friday before reversing its losses to close slightly higher, buoyed by probable dollar inflows, Reuters reported.
Indian rupee slips to all-time low on outflow worries
Aug 05, 2024, at 08:22 pm
Mumbai/IBNS: Indian rupee opened at a record low against the US dollar on Monday, on worries that the risk off prompted by US recession worries could lead to foreign outflows, reports said.
Indian Rupee falls 4 paise against USD
Aug 21, 2023, at 10:16 pm
Mumbai: The rupee on Monday declined four paise to close at 83.16 against the USD on rising demand for the US dollar by bankers and importers amid a rebounding equity market, dealers at the Foreign Exchange said.
Indian Rupee improves 3 paise against USD
Aug 10, 2023, at 12:00 am
Mumbai: The Indian Rupee on Wednesday rose marginally by three paise to close at 82.85 on the selling of US Dollar by bankers and exporters amid a rebounding equity market, dealers at the Foreign Exchange said.
Brazil, South Africa next in India's bilateral currency settlement plan
Aug 09, 2023, at 03:26 am
After agreements with United Arab Emirates (UAE) and Indonesia, India is considering the possibility of establishing bilateral agreements with important partners in Latin America and Africa to bolster trade using local currencies, thereby contributing to the broader goal of internationalizing the Indian rupee, Moneycontrol reported.
Indian Rupee falls 10 paise against USD
Aug 08, 2023, at 11:48 pm
Mumbai: The Indian Rupee on Tuesday drifted lower by 10 paise to close at 82.85 against the USD on brisk demand for US Dollar by bankers and importers amid sliding equity market, dealers at the Foreign Exchange said.
Indian Rupee down 32 paise against USD
Aug 02, 2023, at 10:35 pm
Mumbai: The Indian Rupee on Wednesday plummeted 32 paise to close negative at 82.59 against the USD on rising demand for US Dollar by bankers and importers along with sliding equity market, dealers at the Foreign Exchange said.
Indian Rupee ends steady at 82.26 against USD
Aug 01, 2023, at 10:16 pm
Mumbai: The Rupee on Tuesday ended flat at 82.26 against the USD on selling of US Dollar by bankers and exporters along with negative equity market, dealers at the Foreign Exchange said.
Indian Rupee falls 4 paise against USD
Jul 25, 2023, at 10:35 pm
Mumbai: The Indian Rupee on Tuesday slipped four paise to close at 81.87on rising demand for US Dollar by bankers and importers amid negative equity market, dealers at the Foreign Exchange said.
RBI allows International Banking Units in Gujrat's GIFT City to settle NDDCs in INR
Jun 07, 2023, at 05:54 am
Mumbai: The Reserve Bank on Tuesday allowed international banking units (IBUs) located in GIFT City, Gujarat, to settle non-deliverable foreign exchange derivative contracts (NDDCs) using the Indian rupee.
Indian Rupee falls 8 paise to 82.74 against USD
May 31, 2023, at 11:10 pm
Mumbai: The Rupee on Wednesday slipped eight paise to close at 82.74 on rising demand for US Dollar by bankers and importers, dealers at the Foreign Exchange said.
India and Bangladesh agree on trade transactions in own currencies
Apr 20, 2023, at 08:33 pm
Dhaka/IBNS: To ease cross-country transactions and pressure on dollar holdings, India and Bangladesh have agreed to settle a part of bilateral trade transactions in their own currencies- rupee and taka respectively, according to a Bangladesh media report.
Indian Rupee moves up by 7 paise against USD
Jan 27, 2023, at 10:51 pm
Mumbai: The Rupee on Friday gained seven paise to close at 81.52 on selling of US Dollar by bankers and importers, dealers at the Foreign Exchange said.
Indian Rupee moves down 33 paise against USD
Jan 24, 2023, at 10:35 pm
Mumbai: The Rupee on Tuesday tumbled down 33 paise to close at 81.72 on rising demand for US Dollar by bankers and exporters, dealers at the Foreign Exchange said.
Indian Rupee falls 15 paise against USD
Jan 18, 2023, at 12:22 am
Mumbai: The Rupee on Tuesday slipped 15 paise to close at 81.76 against the US Dollar. The slide is likely due to rising demand for US Dollar by bankers and exporters, dealers at the Foreign Exchange said.
Indian Rupee falls 5 paise against USD
Oct 25, 2022, at 11:13 pm
Mumbai: The Rupee on Tuesday fell five paise to close at 82.72 on rising demand for US Dollar by bankers and importers, dealers at the Foreign Exchange said.
Indian Rupee improves 9 paise against USD
Oct 21, 2022, at 10:39 pm
Mumbai: The Rupee on Friday gained nine paise to close positive at 82.67 on selling of US Dollar by bankers and exporters, dealers at the Foreign Exchange said.
Indian Rupee rises marginally by 2 paise against USD
Oct 14, 2022, at 04:14 pm
Mumbai: The Rupee on Friday improved by two paise at 82.32, on selling of US Dollar by bankers and exporters, dealers at Foreign Exchange said.
Indian Rupee ends flat 82.31 against USD
Oct 12, 2022, at 10:46 pm
Mumbai: The Indian Rupee on Wednesday ended on a flat note at 82.31on selling of USD by bankers and exporters, dealers at the Foreign Exchange said.
Indian Rupee end positive at 82.31 against USD
Oct 11, 2022, at 10:02 pm
Mumbai: The Rupee on Tuesday closed positive at 82.31, rising nominally by one paisa on selling of USD by bankers and exporters, dealers at the Foreign Exchange said.
Indian Rupee falls 7 paise against USD
Oct 11, 2022, at 12:31 am
Mumbai: The Rupee on Monday slipped seven paise at 82.39 in opening trade on rising demand for US Dollar by bankers and importers, dealers at Foreign Exchange said.
Indian Rupee record low at 82.32 against USD
Oct 07, 2022, at 09:52 pm
Mumbai: The Rupee on Friday plunged 44 paise, breaching 82 level to finish at 82.32 a record low owing to rising oil prices, even rate hike of and of US Federal Reserve too impact on the same, dealer of Foreign Exchange said.
India Rupee opens all time low at 82.28 against USD
Oct 07, 2022, at 03:35 pm
Mumbai: The Indian Rupee continued to slide, as it tumbled down 40 paise, breaching 82 level to 82.28 a record low owing to rising oil prices, even rate hike of and of US Federal Reserve too impact on the same, dealer of Foreign Exchange said.
Indian Rupee falls 13 paise against USD
Sep 23, 2022, at 10:43 pm
Mumbai: The Rupee on Friday eased thirteen paise to close at 80.99
Indian Rupee down 3 paise against USD
Sep 19, 2022, at 10:48 pm
Mumbai: The Rupee on Monday eased three paise to close at 79.77 against the USD on rising demand for US Dollar from bankers and importers, dealers at the Foreign Exchange said.
Indian Rupee down 29 paise against USD
Sep 14, 2022, at 10:54 pm
Mumbai: The Rupee on Wednesday dropped 29 paise to close negative at 79.44 against the USD on rising demand for US Dollar from bankers and importers, dealers at the Foreign Exchange said.
Not dollar dependent, Indian importers buy discounted Russian coal with Asian currencies
Aug 11, 2022, at 08:44 pm
New Delhi: Amid skyrocketting fuel prices and turbulent global economy triggered by US sanctions on Russia, India is leaning towards discounted Russian coal, which also allows the liberty to pay in currencies other than the US dollars.
Indian Rupee down 45 paise against USD
Aug 03, 2022, at 10:51 pm
Mumbai: The Rupee on Wednesday slid 45 paise to close at 79.16 against the USD on rising demand for the US Dollar from bankers and exporters, dealers at the Foreign Exchange said.
Indian Rupee down 12 paise against USD
Jul 27, 2022, at 10:22 pm
Mumbai: The Rupee on Wednesday slid 12 paise to close at 79.89 against the USD on rising demand for US Dollar from bankers and exporters, dealers at the Foreign Exchange said.
Indian Rupee falls 5 paise against USD
Jul 26, 2022, at 10:29 pm
Mumbai: The Indian Rupee on Tuesday declined five paise to close at 79.78 against the USD on rising demand for US Dollar from bankers and exporters, dealers at the Foreign Exchange said.