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Tag: INR vs USD

Rupee falls 14 paise to close at 86.30 against U.S. dollar

Posted on July 21, 2025 By admin
Rupee falls 14 paise to close at 86.30 against U.S. dollar

Foreign institutional investors purchased equities worth ₹374.74 crore on a net basis on July 18, 2025, according to exchange data. File | Photo Credit: Reuters The rupee depreciated 14 paise to close at 86.30 (provisional) against the U.S. dollar on Monday (July 21, 2025) due to consistent dollar demand from oil importers. Forex traders said…

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Business

Rupee recovers 15 paise from all-time low level to close at 87.44 against U.S. dollar

Posted on February 7, 2025 By admin
Rupee recovers 15 paise from all-time low level to close at 87.44 against U.S. dollar

Photo used for illustration purpose only. | Photo Credit: Reuters The rupee recovered 15 paise from its all-time low closing level to 87.44 (provisional) against the U.S. dollar on Friday (February 7, 2025) after the Reserve Bank of India reduced repo rate by 25 basis points in line with street expectations. The Monetary Policy Committee…

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Business

Amid global tumult, Rupee breaches 87 against dollar

Posted on February 3, 2025 By admin
Amid global tumult, Rupee breaches 87 against dollar

Photo used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The Indian Rupee slumped almost 0.6% or 49 paise to breach the 87 mark against the U.S. Dollar on Monday, amid a meltdown for most emerging market currencies and stock markets across Asia and Europe on the first day of trading after President Donald…

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Business

Rupee falls 9 paise to close at 86.64 against U.S. dollar

Posted on January 30, 2025 By admin
Rupee falls 9 paise to close at 86.64 against U.S. dollar

The local unit settled at 86.64 (provisional), registering a fall of 9 paise over its previous close. File | Photo Credit: V.V. Krishnan The rupee depreciated 9 paise to close at 86.64 (provisional) against the U.S. dollar on Thursday (January 30, 2025), weighed down by a strong U.S. dollar amid a hawkish tone of the…

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Business

Weaker rupee to push India’s import bill, says Global Trade Research Initiative

Posted on January 17, 2025 By admin
Weaker rupee to push India’s import bill, says Global Trade Research Initiative

Photo used for illustration purpose only. | Photo Credit: Reuters The weaker rupee will push the country’s import bill due to higher payments for crude oil, coal, vegetable oil, gold, diamonds, electronics, machinery, plastics, and chemicals, economic think tank Global Trade Research Initiative (GTRI) said on Friday (January 17, 2025). Citing an example, it said…

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Business

Rupee plunges 13 paise to settle at new record low of 85.87 against U.S. dollar

Posted on January 8, 2025 By admin
Rupee plunges 13 paise to settle at new record low of 85.87 against U.S. dollar

Image used for representational purpose. | Photo Credit: Reuters The rupee extended its slide for the second straight session and declined 13 paise to hit a fresh record low of 85.87 (provisional) against the U.S. dollar on Wednesday (January 8, 2025) amid higher crude oil prices and stronger American currency. Lacklustre sentiment in domestic equity…

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Business

Rupee settles on flat note, up 1 paisa at 84.90 against U.S. dollar

Posted on December 17, 2024 By admin
Rupee settles on flat note, up 1 paisa at 84.90 against U.S. dollar

Image used for representational purpose only. | Photo Credit: Reuters The rupee consolidated in a narrow range and settled for the day higher by 1 paisa at 84.90 (provisional) against the U.S. dollar on Tuesday (December 17, 2024), weighed down by disappointing trade balance data and weak domestic markets. Forex traders said the rupee is…

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Business

Rupee falls 2 paise to all-time low of 84.87 against U.S. dollar in early trade

Posted on December 11, 2024 By admin
Rupee falls 2 paise to all-time low of 84.87 against U.S. dollar in early trade

Image used for representation purpose only. File | Photo Credit: V.V. Krishnan The rupee fell 2 paise to all-time low of 84.87 against the U.S. dollar in early trade on Wednesday (December 11, 2024), amid rising expectations of a shift in the Reserve Bank’s monetary policy stance post the appointment of Sanjay Malhotra as the…

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Business

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

Posted on December 5, 2024 By admin
Rupee trades in narrow range against U.S. dollar in early trade

Image used for representational purpose. | Photo Credit: Reuters Rupee opened on a flat note and rose just 4 paise from its all-time low level to 84.71 against the U.S. dollar in morning trade on Thursday (December 5, 2024), as the support from positive domestic equities was negated by the broad strength of the American…

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Business

Rupee settles flat at 83.99 against U.S. dollar

Posted on October 7, 2024 By admin
Rupee settles flat at 83.99 against U.S. dollar

Image used for representational purpose. | Photo Credit: Reuters The rupee pared its initial gains and settled on a flat note at 83.99 against the U.S. dollar on Monday (October 7, 2024) on selling pressure from foreign funds and weak tone in the domestic markets. Forex traders said elevated crude oil prices and escalating tensions…

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