Tag: dollar

Rupee hits record low of 90: Calculated move by RBI or a sign of losing control?

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Rupee hits record low of 90: Calculated move by RBI or a sign of losing control?

Last Wednesday, the rupee slipped past the ₹90 per dollar mark. While this drop is labelled as ‘psychologically significant,’ the underlying economic factors haven’t changed much. Yet a specific set of recent events has added fresh momentum, decisively tipping the scales against the currency. The rupee’s rise or fall depends on two main factors: what’s…

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Rupee settles 2 paise lower at 88.61 against U.S. dollar

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Rupee settles 2 paise lower at 88.61 against U.S. dollar

The rupee gained support from weak crude oil prices and optimism over trade tariffs to restrict its slide against the U.S. currency, according to traders. File. | Photo Credit: Reuters In a range-bound trade, the rupee settled 2 paise lower at 88.61 (provisional) against the U.S. dollar on Tuesday (November 18, 2025) in line with…

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Rupee falls 7 paise to all-time closing low of 88.79 against U.S. dollar

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Rupee falls 7 paise to all-time closing low of 88.79 against U.S. dollar

 At the interbank foreign exchange, the rupee opened at 88.69 against the U.S. dollar, and finally settled for the day with a loss of 7 paise at 88.79 (provisional), its lowest-ever closing level so far. File. | Photo Credit: Reuters Rupee consolidated in a narrow range and settled for the day lower by 7 paise…

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FPIs withdraw ₹12,257 cr in first week of September on strong dollar, U.S. tariff concerns

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FPIs withdraw ₹12,257 cr in first week of September on strong dollar, U.S. tariff concerns

Representative image | Photo Credit: Getty Images/iStockphoto Foreign investors pulled out ₹12,257 crore ($1.4 billion) from Indian equities in the first week of September, weighed down by a stronger dollar, U.S. tariff concerns, and persistent geopolitical tensions. This came following a net outflow of ₹34,990 crore in August and ₹17,700 crore in July. With this,…

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Rupee rises 23 paise to close at 87.36 against U.S. dollar

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Rupee rises 23 paise to close at 87.36 against U.S. dollar

 At the interbank foreign exchange market, the rupee opened at 87.46 against the U.S. dollar, and touched an intraday low of 87.48 and a high of 87.33 and settled at 87.36 (provisional). File. | Photo Credit: Reuters The rupee appreciated 23 paise to close at 87.36 (provisional) against the U.S. dollar on Monday (August 18,…

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Rupee falls 11 paise to 87.29 against U.S. dollar in early trade

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Rupee falls 11 paise to 87.29 against U.S. dollar in early trade

 On Friday, the rupee closed at 87.18 against the U.S. dollar. File. | Photo Credit: Reuters The rupee depreciated 11 paise to 87.29 against the U.S. dollar in early trade on Monday (August 4, 2025), weighed down by sustained foreign fund outflows and concerns over trade tariffs. Forex traders said the weakness in the dollar…

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Rupee falls 8 paise to close at 86.96 against U.S. dollar

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Rupee falls 8 paise to close at 86.96 against U.S. dollar

At the interbank foreign exchange, the rupee opened at 86.94 and touched the high of 86.91 against the greenback during intraday. File. | Photo Credit: Reuters Rupee depreciated 8 paise to close at 86.96 (provisional) against U.S. dollar weighed down by sustained foreign fund outflows and an uptick in the U.S. Dollar index. Forex traders…

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Rupee falls 2 paise to 86.55 against U.S. dollar in early trade

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Rupee falls 2 paise to 86.55 against U.S. dollar in early trade

On Tuesday, the rupee rebounded from its lowest-ever level and settled with a gain of 17 paise at 86.53 against the dollar. File. | Photo Credit: Reuters The rupee pared its initial marginal gain and slipped 2 paise to 86.55 against the U.S. dollar in early trade on Wednesday (January 15, 2025) as the positive…

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

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

 At the interbank foreign exchange, the rupee opened at 84.92 against the greenback, and touched 84.95 during intra-day trade. File. | Photo Credit: Reuters The rupee dropped 3 paise to close at an all-time low of 84.94 (provisional) against the U.S. dollar on Wednesday (December 18, 2024), as traders await cues from the US Fed…

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

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

 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. File. | Photo Credit: Reuters The rupee depreciated by 9 paise to close at an all-time low level of 84.89 (provisional) against the U.S. dollar on Monday (December 16, 2024), dragged…

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