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.
Steep rise in counterfeit Rs 500 and Rs 2,000 notes: Finance Ministry Data
Nov 28, 2024, at 02:27 am
New Delhi: Counterfeit currency detections, particularly of Rs 500 and Rs 2,000 notes, have seen a sharp rise in recent years, according to data shared by the Ministry of Finance during a recent Lok Sabha session.
Rupee slips to all-time low of 84.38 against US Dollar as Asia FX declines
Nov 11, 2024, at 08:10 pm
Mumbai/IBNS: The Indian rupee hit a record low on Monday (Nov. 11), pressured by concerns over Donald Trump's US presidentiaL election victory that weighed on Asian currencies and ongoing outflows from Indian stocks impacting the local currency.
Nov 06, 2024, at 06:26 pm
New Delhi/IBNS: The Indian rupee on Wednesday (Nov. 6) hit a record low as preliminary US presidential election results strengthened the dollar and weighed on Asian currencies.
Rupee gains 6 paise to reach 83.94 against US Dollar in early trade
Oct 08, 2024, at 08:31 pm
Mumbai/IBNS: The rupee strengthened by 6 paise to 83.94 against the US dollar in early trading on Tuesday, aided by a weaker dollar and a decline in crude oil prices.
India’s Forex reserves reach record high of $704.89 billion
Oct 05, 2024, at 03:24 am
New Delhi: India's foreign exchange reserves have surged to an all-time high of $704.89 billion, marking an increase of $12.5 billion as of September 27, according to data from the Reserve Bank of India (RBI) released on Friday.
What happens when you start your equity SIP and the market crashes?
Mar 20, 2024, at 06:47 pm
Starting a systematic investment plan (SIP) in equity funds is a smart way to build wealth over the long term. For an Indian audience, however, market volatility and the possibility of a crash can be a cause for concern, especially for new investors. If you have recently initiated an equity SIP and find yourself facing a market crash, it's vital to understand the implications and how to respond.
Rupee declines by 4 paise against USD
Jan 29, 2024, at 05:00 pm
Mumbai/UNI: The rupee on Monday slipped four paise to 83.15 in the opening session on rising demand for US Dollar by bankers and importers, dealers at the Foreign Exchange said.
Rupee down 3 paise against USD
Jan 03, 2024, at 03:54 pm
Mumbai/UNI: The rupee on Wednesday slipped three paise to 83.34 in the opening session on rising demand for the US dollar by bankers and importers, dealers at the Foreign Exchange said.
Rupee rises by 2 paise against USD
Dec 29, 2023, at 05:14 pm
Mumbai/UNI: The Rupee on Friday moved up two paise at 83.15 in the opening session on selling of US Dollar by bankers and exporters, dealers at the Foreign Exchange said.
Rupee rises 4 paise against USD
Dec 22, 2023, at 04:49 pm
Mumbai/UNI: The Rupee on Friday gained four paise at 83.24 in the opening session on selling of US Dollar by bankers and exporters, dealers at the Foreign Exchange said.
Dec 14, 2023, at 05:23 pm
Mumbai/UNI: The rupee on Thursday rallied eight paise at 83.32 in the opening session against US Dollar on the sale of US dollars by bankers and exporters, dealers at the Foreign Exchange said.
Rupee opens steady at 83.28 against USD
Nov 10, 2023, at 04:04 pm
Mumbai/UNI: The Rupee on Friday opened on a flat note at 83.28 on selling of US Dollar by bankers and exporters, dealers at the Foreign Exchange said.
Rupee falls 4 paise against USD
Nov 07, 2023, at 05:33 pm
Mumbai/UNI; The rupee on Tuesday slipped four paise to 83.25 in the opening session on rising demand for the US dollar by bankers and importers, 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.
Rupee opens steady at 82.02 against USD
Jul 27, 2023, at 04:57 pm
Mumbai/UNI: The Rupee opened on a steady note on Thursday at 82.02 against the US Dollar on selling of the US Dollar by bankers and exporters, dealers at Foreign Exchange said.
Rupee down 12 paise against USD
Jul 26, 2023, at 04:41 pm
Mumbai/UNI: Rupee on Wednesday slipped 12 paise at 81.99 against the US Dollar in the opening session on rising demand for US Dollar by bankers and importers, dealers at 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.
Rupee rises 3 paise against USD
Jul 18, 2023, at 05:16 pm
Mumbai/UNI: Rupee on Tuesday marginally gained by three paise at 82.01 against the US Dollar in the opening session on selling of the US Dollar by bankers and exporters, dealers at Foreign Exchange said.
Indo-Bangla taka-rupee dual currency card to be launched in September
Jul 12, 2023, at 12:14 am
Dhaka: Bangladesh Bank governor Abdur Rauf Talukder on Tuesday said the central bank will launch a dual currency card of Bangladeshi Taka and Indian Rupee from September.
Rupee down 17 paise against USD
Jul 06, 2023, at 05:19 pm
Mumbai/UNI: Rupee on Thursday dropped 17 paise at 82.45 against the US Dollar in the opening session on brisk demand for US Dollar by bankers and importers, dealers at Foreign Exchange said.
Rupee down 7 paise against USD
Jul 05, 2023, at 04:46 pm
Mumbai/UNI: Rupee on Wednesday lost further by seven paise at 82.10 against the US Dollar in the opening session on rising demand for US Dollar by bankers and importers, dealers at Foreign Exchange said.
Jul 03, 2023, at 04:30 pm
Mumbai/UNI: The Rupee on Monday rallied 25 paise at 81.84, against the US Dollar in the opening session on selling of US Dollar by bankers and exporters, dealers at Foreign Exchange said.
Rupee rises 5 paise against USD
Jun 21, 2023, at 04:58 pm
Mumbai/UNI: Rupee on Wednesday gained five paise at 82.07 in the opening trade against the US Dollar on selling of US Dollar by bankers and exporters, dealers at Foreign Exchange said.
India's forex reserves swell by $3.55 billion to $599.53 billion
May 20, 2023, at 02:39 am
Mumbai: India’s foreign currency reserves grew for the fourth consecutive week, reaching $599.53 billion as of May 12, according to the Reserve Bank of India’s statistical supplement released on Friday.
Russian companies investing rupee surplus in Indian govt bonds: Report
May 17, 2023, at 06:27 am
Mumbai: According to the Indian Banks' Association (IBA), Russian banks and companies with trade surpluses from Indian lenders are using the rupee funds to invest in domestic government debt, Reuters reported.
Rupee slips 7 paise against USD
Jan 27, 2023, at 04:24 pm
Mumbai/UNI: The Rupee on Friday slipped 7 paise at 81.65 in the opening trade against the US Dollar on rising demand for US Dollars by bankers and importers, dealers at 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.
Jan 13, 2023, at 04:25 pm
Mumbai/UNI: The Rupee on Friday gained 16 paise at 81.38 in the opening trade against the US Dollar on selling of US Dollars by bankers and exporters, dealers at Foreign Exchange said.
Jan 11, 2023, at 05:35 pm
Mumbai/UNI: The Rupee on Wednesday rose marginally by three paise at 81.75 in the opening trade against the US Dollar on selling of US Dollars by bankers and exporters, dealers at Foreign Exchange said.