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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,…
Image used for representation purpose only., | Photo Credit: Reuters The rupee traded in a narrow range and edged higher by 10 paise to 87.65 against the U.S. dollar in early trade on Tuesday (August 12, 2025), amid a positive trend in domestic equities. Forex traders said the rupee is trading in a tight range…
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New Delhi: The Indian rupee depreciated a modest 2.9 per cent in the first nine months of the current fiscal, performing better than other currencies like the Canadian Dollar, South Korean Won and the Brazilian Real, according to the Economic Survey tabled in Parliament on Friday. The value of the Indian Rupee (INR) is market-determined,…
Image used for representational purpose | Photo Credit: Reuters The Reserve Bank of India (RBI) on Thursday (January 16, 2025) announced liberalised norms to encourage use of Indian Rupee and local/national currencies to settle cross border transactions. The decision comes at a time when the domestic currency is sliding and touched an all-time low of…
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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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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 32 paise to hit a new lifetime low of 86.36 against the U.S. dollar, dragged down by a robust American currency amid volatile global cues. A…
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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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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Image for representative purposes only | Photo Credit: Reuters The rupee dropped 9 paise to 85.61 against the U.S. dollar in early trade on Tuesday (December 31, 2024), weighed down by significant strengthening of the American currency in the overseas market and a muted trend in domestic equities. Forex traders said the rupee has been…
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At the interbank foreign exchange, the rupee opened weak at 85.31 and slipped further to hit its lifetime low of 85.35 against the greenback, registering a loss of 8 paise from its previous closing level. Representational image | Photo Credit: Reuters The rupee slid for the fourth straight session, depreciating 8 paise to hit a…
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