Tag: forex markets

Rupee crashes 27 paise to hit record low of 86.31 against U.S. dollar in early trade

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Rupee crashes 27 paise to hit record low of 86.31 against U.S. dollar in early trade

Photo used for representation purpose only. | Photo Credit: Reuters The rupee’s slide show went on for the second straight session on Monday (January 13, 2025) as it crashed 27 paise to hit a new lifetime low of 86.31 against the U.S. dollar, dragged down by a robust American currency amid volatile global cues. A…

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Rupee recovers from record low to settle 4 paise higher at 85.87 against U.S. dollar

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Rupee recovers from record low to settle 4 paise higher at 85.87 against U.S. dollar

Photo used for illustration purpose only | Photo Credit: Reuters The rupee recovered slightly from its record low and settled with a gain of 4 paise at 85.87 (provisional) against the U.S. dollar on Thursday (January 9, 2025) amid firm American currency and elevated level of crude oil prices. According to forex analysts, relentless selling…

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Rupee falls 1 paisa to record low of 85.92 against U.S. dollar in early trade

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Rupee falls 1 paisa to record low of 85.92 against U.S. dollar in early trade

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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Rupee falls 4 paise to close at new record low of 85.83 against U.S. dollar

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Rupee falls 4 paise to close at new record low of 85.83 against U.S. dollar

Photo used for illustration purpose only. | Photo Credit: Reuters The rupee declined 4 paise to settle at a fresh record low of 85.83 (provisional) against the U.S. dollar on Monday (January 6, 2025), amid a steep fall in domestic equity markets and unabated outflow of foreign capital. Forex traders said the surging U.S. bond…

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Rupee turns flat at 85.79 against U.S. dollar in early trade

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Rupee turns flat at 85.79 against U.S. dollar in early trade

Photo used for representation purpose only. | Photo Credit: Reuters The rupee turned flat at 85.79 against the US dollar in early trade on Monday (January 6, 2025) as positive domestic equity markets failed to boost sentiment amid sustained outflow of foreign capital and elevated level of American currency index. According to forex traders, the…

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Rupee falls 11 paise to revisit all-time low of 84.09 against U.S. dollar

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Rupee falls 11 paise to revisit all-time low of 84.09 against U.S. dollar

The rupee fell 11 paise, revisiting its all-time low of 84.09 (provisional) against the US dollar, tracking a weak domestic equity market and continued FII outflows. | Photo Credit: Reuters The rupee on Friday (October 11, 2024) fell 11 paise, revisiting its all-time low of 84.09 (provisional) against the US dollar, tracking a weak domestic…

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Rupee snaps 6-day gaining streak; slips 1 paisa to 83.53 against U.S. dollar

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Rupee snaps 6-day gaining streak; slips 1 paisa to 83.53 against U.S. dollar

The rupee pared its early gains to close lower by 1 paisa at 83.53 (provisional) against the US currency on Monday (September 23, 2024), snapping its six-day gaining streak due to a strengthening dollar in overseas markets and an uptick in crude oil prices. | Photo Credit: Reuters The rupee pared its early gains to…

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Rupee falls 12 paise to 83.56 against U.S. dollar in early trade

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Rupee falls 12 paise to 83.56 against U.S. dollar in early trade

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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