Tag: INR vs dollar

RBI purchased $7.4 billion in spot market in February, says bulletin

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RBI purchased .4 billion in spot market in February, says bulletin

This is the second consecutive month of net purchase of foreign currency by the central bank after registering net sales for seven consecutive months before that. File | Photo Credit: Reuters The Reserve Bank of India (RBI) net purchased $7.409 billion from the spot currency market in February, according to the central bank’s monthly bulletin…

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Rupee rises 17 paise to 91.41 against U.S. dollar in early trade

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Rupee rises 17 paise to 91.41 against U.S. dollar in early trade

The rupee rebounded from its all-time low levels and ended with a gain of 7 paise at 91.58 against the U.S. dollar on January 22, 2026. | Photo Credit: Getty Images/iStockphoto The rupee gained 17 paise to trade at 91.41 against the U.S. dollar in early deals on Friday (January 23, 2026), as investor sentiments…

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Rupee falls 6 paise to close at 90.29 against U.S. dollar

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Rupee falls 6 paise to close at 90.29 against U.S. dollar

Forex traders said that any intervention by the central bank may support the rupee at lower levels. File | Photo Credit: Getty Images/iStockphoto The rupee pared initial gains and settled for the day 6 paise lower at 90.29 (provisional) against the U.S. dollar on Wednesday (January 14, 2026), as the likely central bank intervention was…

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Rupee falls 7 paise to close at 89.94 against U.S. dollar

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Rupee falls 7 paise to close at 89.94 against U.S. dollar

 The government projected the country’s GDP to grow by 7.4% in the current fiscal year, maintaining its status as the world’s fastest-growing major economy despite punitive U.S. tariffs and geopolitical tensions. File | Photo Credit: Getty Images/iStockphoto The rupee fell 7 paise to settle at 89.94 (provisional) against the U.S. dollar on Thursday (January 8,…

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Rupee sees high volatility against U.S. dollar in early trade

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Rupee sees high volatility against U.S. dollar in early trade

Image used for representational purpose only. | Photo Credit: Reuters The rupee witnessed high volatility in early trade on Wednesday (December 17, 2025), as support from easing crude oil prices was offset by uncertainty over the India-U.S. trade deal and persistent foreign fund outflows. Forex traders said the key driver of rupee weakness in December…

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Rupee recovers seven paise from all-time low level to close at 88.28 against U.S. dollar

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Rupee recovers seven paise from all-time low level to close at 88.28 against U.S. dollar

Forex traders said the domestic unit traded in a tight range and hovered around its all-time low level. File | Photo Credit: The Hindu The Rupee recovered from all-time lows and settled for the day higher by seven paise at 88.28 (provisional) against the U.S. dollar on Friday (September 12, 2025), on weakness in the…

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Rupee rises 18 paise to 86.26 against U.S. dollar in early trade

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Rupee rises 18 paise to 86.26 against U.S. dollar in early trade

On January 23, 2025, Rupee declined nine paise to settle at 86.44 against the U.S. dollar. File | Photo Credit: The Hindu Rupee appreciated 18 paise to 86.26 against the U.S. dollar in morning trade on Friday (January 24, 2025), supported by positive domestic equities and soft American currency index. Forex traders said weak crude…

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Rupee falls four paise to close at record low of 85.79 against U.S. dollar

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Rupee falls four paise to close at record low of 85.79 against U.S. dollar

On December 27, 2024, the local currency touched its lifetime intra-day low of 85.80 against the greenback. File | Photo Credit: The Hindu The Rupee depreciated four paise to close at a record low of 85.79 (provisional) against the U.S. dollar on Friday (January 3, 2025), as strong dollar demand from importers and a muted…

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Rupee ends flat at 84.07 against U.S. dollar

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Rupee ends flat at 84.07 against U.S. dollar

At the interbank foreign exchange market, Rupee opened at 84.06 against the greenback and stayed almost flat throughout the session. File | Photo Credit: The Hindu The Rupee on Monday (October 21, 2024) settled flat at 84.07 (provisional) against the U.S. dollar amid strong American currency against major rivals overseas and relentless foreign fund outflows….

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Rupee falls two paise to 83.98 against U.S. dollar

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Rupee falls two paise to 83.98 against U.S. dollar

“A marginal decline in the value of the greenback against overseas currencies and rise in the domestic equity market supported the local unit and prevented further slide in the domestic unit,” forex traders said. | Photo Credit: The Hindu “Rupee depreciated two paise to close at 83.98 (provisional) against the U.S. dollar on Thursday (October…

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