Tag: indian rupee

Rupee falls 8 paise to hit new record low of 85.35 against US dollar in early trade

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Rupee falls 8 paise to hit new record low of 85.35 against US dollar in early trade

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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Rupee falls 23 paise to hit fresh record low of 85.50 against U.S. dollar

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Rupee falls 23 paise to hit fresh record low of 85.50 against U.S. dollar

The Rupee’s earlier sharpest one-day fall of 68 paise was recorded on February 2, 2023. File | Photo Credit: Reuters The Rupee fell steepest in almost two years to hit its lifetime intraday low of 85.80 before a suspected Central bank intervention helped recover some of its losses and settled 23 paise lower at a…

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Rupee falls 5 paise to hit all-time low of 85.16 against US dollar in early trade

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Rupee falls 5 paise to hit all-time low of 85.16 against US dollar in early trade

At the interbank foreign exchange, the rupee opened at 85.10 and slid further to hit a fresh all-time low of 85.16 against the greenback, registering a loss of 5 paise from its previous closing level. Representational image | Photo Credit: Reuters The rupee fell 5 paise to hit a new all-time low of 85.16 against…

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Indian rupee hits record low as appointment of new RBI chief spurs dovish bets

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Indian rupee hits record low as appointment of new RBI chief spurs dovish bets

The RBI likely stepped in to support the rupee, with traders pointing to dollar sales by state-run banks. Representational image | Photo Credit: Reuters The Indian rupee weakened to a record low on Tuesday (December 10, 2024), pressured by heightened expectations of domestic rate cuts next year after the government named career civil servant Sanjay…

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Rupee plummets to all-time low of 84.76 against U.S. dollar

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Rupee plummets to all-time low of 84.76 against U.S. dollar

Image for representational purposes only | Photo Credit: Reuters The rupee slumped to its all-time low of 84.76 (provisional) against the U.S. dollar after dropping 8 paise on Wednesday (December 4, 2024) amid a strengthening greenback and increase in crude prices. Forex traders said a positive trend in domestic equity markets and foreign fund inflows…

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Rupee recovers from all-time low to settle 6 paise higher at 84.40 against U.S. dollar

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Rupee recovers from all-time low to settle 6 paise higher at 84.40 against U.S. dollar

Image for representative purposes only | Photo Credit: Reuters The rupee recovered from its all-time low level and settled with a gain of 6 paise at 84.40 (provisional) against the U.S. dollar on Monday (November 18, 2024), backed by a retreating American currency. Forex traders said, the recovery in the local unit was capped by…

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Rupee slips 1 paisa to close at fresh all-time low of 84.39 against U.S. dollar

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Rupee slips 1 paisa to close at fresh all-time low of 84.39 against U.S. dollar

Photo used for representation purpose only. | Photo Credit: Reuters The rupee fell 1 paisa to a new lifetime low of 84.39 (provisional) against the U.S. dollar on Tuesday (November 12, 2024) as persistent foreign fund outflows and a strengthening greenback against major crosses overseas dented investor sentiments. Forex traders said the rupee is likely…

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Rupee trades in narrow range against U.S. dollar in early trade

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Rupee trades in narrow range against U.S. dollar in early trade

At the interbank foreign exchange, the rupee opened at 84.06 against the greenback and traded in a tight range. In initial trade it touched 84.05, registering a rise of 5 paisa over its previous close. File | Photo Credit: Reuters The rupee rebounded from its all-time low levels and appreciated 5 paise to 84.05 against…

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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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Sensex, Nifty hit fresh record closing high levels on rate cut hopes

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Sensex, Nifty hit fresh record closing high levels on rate cut hopes

File picture of Bombay Stock Exchange (BSE) building, in Mumbai | Photo Credit: PTI Benchmark Sensex rose by nearly 91 points to close at a fresh lifetime high while Nifty settled above the 25,400 level for the first time supported by firm global trends ahead of the much-awaited U.S. Fed’s decision on interest rates. Extending…

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