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Tag: rupee depreciates

Rupee falls 28 paise to 94.77 against U.S. dollar

Posted on May 7, 2026 By admin
Rupee falls 28 paise to 94.77 against U.S. dollar

The rupee depreciated 28 paise against the U.S. dollar. File | Photo Credit: Reuters The rupee depreciated 28 paise to 94.77 against the U.S. dollar in early trade on Thursday (May 7, 2026) as market sentiment took a dramatic turn after reports emerged that the U.S. and Iran are discussing a 14-point Memorandum of Understanding…

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Business

Rupee slumps 32 paise to all-time low of 89.85 against U.S. dollar in early trade

Posted on December 2, 2025 By admin
Rupee slumps 32 paise to all-time low of 89.85 against U.S. dollar in early trade

A customer holds hundred rupee notes near a roadside currency exchange stall in New Delhi. File. | Photo Credit: Reuters The rupee depreciated 32 paise to an all-time low of 89.85 against the U.S. dollar in early trade on Tuesday (December 2, 2025), weighed down by the broad strength of the American currency in overseas…

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Business

Rupee Slips To Record Low After Government Raises Tax On Capital Gains

Posted on July 23, 2024 By admin
Rupee Slips To Record Low After Government Raises Tax On Capital Gains

The Indian rupee, teetering at an all-time low, slipped further against the US dollar on Tuesday, pressured by the drop in local equities after the government in the Budget proposed raising the tax rate on capital gains. Finance Minister Nirmala Sitharaman on Tuesday said the government plans to raise capital gains exemption limit on certain…

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Nation

Rupee falls 8 paise to 82.74 against US dollar

Posted on August 11, 2023 By admin
Rupee falls 8 paise to 82.74 against US dollar

Indian Rupee notes are seen in this picture illustration taken in Mumbai June 12, 2013. File. (For Representational purpose only) | Photo Credit: Reuters The rupee depreciated by 8 paise to 82.74 against the US dollar in early trade on Friday, tracking a firm dollar against major rivals overseas. Analysts said, weak sentiment in the…

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