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In the recent past, there has been lot of apprehensions on the weakening of our currency, and rightly so. For a perspective on the extent of weakening of INR, over the past few decades, it depreciates on an average 2.5% to 3% per year against the U.S. Dollar. We as a growing economy import a…
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The rupee on Monday (December 15, 2025) crashed to its lowest-ever level of 90.80 before settling at a fresh all-time low of 90.74 (provisional) against the U.S. dollar, registering a loss of 25 paise over its previous close, weighed down by uncertainty over an India-U.S. trade deal and persistent foreign fund outflows. Forex traders said…
Read More “Rupee slumps 25 paise to close at all-time low of 90.74 against U.S. dollar” »
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee pared initial gains and settled for the day lower by 7 paise at 88.03 (provisional) against the US dollar on Friday (October 17, 2025), weighed down by trade tensions and global uncertainties. Forex traders said renewed foreign fund inflows and lower crude…
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Image used for representation purpose only. | Photo Credit: Reuters The rupee appreciated 17 paise to 86.24 against the U.S. dollar in early trade on Thursday (July 24, 2025), tracking the weakness of the American currency in the overseas market. Forex traders said uncertainty over the India-U.S. trade deal has been a huge overhang for…
Read More “Rupee rises 17 paise to 86.24 against U.S. dollar in early trade” »
Image used for representation purpose only. | Photo Credit: The Hindu India’s forex reserves rose $1.05 billion to $630.607 billion for the week ended January 31, the RBI said on Friday (February 7, 2025) In the previous reporting week, the overall reserves had increased by $5.574 billion to $629.557 billion. This is the second consecutive…
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Photo used for representation purpose only. | Photo Credit: Reuters The rupee slipped 1 paisa to its record low of 85.92 against the U.S. dollar in early trade on Thursday (January 9, 2025), the third straight session of downfall, weighed down by a stronger American currency and higher crude oil prices. Forex traders said the…
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Photo used for representation purpose only. | Photo Credit: Reuters The rupee depreciated 12 paise to 83.56 against the US dollar in early trade on July 2, weighed down by the strengthening of the American currency in the overseas markets and elevated crude oil prices. Forex traders said oil importers and foreign portfolio investors (FPIs)…
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Photo used for representation purpose only. The rupee rose on April 5, bolstered by dollar sales from foreign and state-run banks and after the central bank kept rates unchanged for a seventh consecutive meeting. | Photo Credit: The Hindu The rupee rose on April 5, bolstered by dollar sales from foreign and state-run banks and…
Read More “Rupee ends higher on foreign, state-run banks’ dollar sales; rises on week” »
The rupee settled flat at 83.27 against the U.S. dollar | Photo Credit: SUDERSHAN V The rupee settled flat at 83.27 against the U.S. dollar amid a weak trend in domestic equities and surging crude oil prices in the international markets. Forex traders said the safe-haven dollar gained ground amidst heightened concerns in the Middle…
