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Tag: rupee depreciation

Rupee falls 21 paise to 94.95 against U.S. dollar in early trade

Posted on September 9, 2026 By admin
Rupee falls 21 paise to 94.95 against U.S. dollar in early trade

At the interbank foreign exchange market, the rupee opened at 94.80 against the U.S. dollar, then touched 94.95, registering a fall of 21 paise from its previous close | Photo Credit: Reuters The rupee depreciated 21 paise to 94.95 against U.S. dollar on Wednesday (September 9, 2026) weighed down by surging crude oil prices, which…

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Business

Let the rupee depreciate past ₹100 to a dollar, 16th Finance Commission chairman advises RBI

Posted on May 21, 2026 By admin
Let the rupee depreciate past ₹100 to a dollar, 16th Finance Commission chairman advises RBI

This comes at a time when the rupee nearly touched ₹97 to a dollar in the intraday trade on Thursday (May 21, 2026), with traders saying the RBI intervened to prevent it from crossing that limit. (Representational image) | Photo Credit: Motortion The Reserve Bank of India (RBI) should not let the “psychology of ₹100 per…

Read More “Let the rupee depreciate past ₹100 to a dollar, 16th Finance Commission chairman advises RBI” »

Business

Rupee crashes 50 paise to settle near all-time low at 90.84 against U.S. dollar

Posted on January 16, 2026 By admin
Rupee crashes 50 paise to settle near all-time low at 90.84 against U.S. dollar

Image used for representational purpose only. File | Photo Credit: Getty Images/iStockphoto The rupee tumbled for the third straight session and lost 50 paise to settle near its lowest level at 90.84 (provisional) against the U.S. dollar on Friday (January 16, 2026), amid rising crude oil prices and sustained outflow of foreign funds. Volatile global…

Read More “Rupee crashes 50 paise to settle near all-time low at 90.84 against U.S. dollar” »

Business

Rupee falls 5 paise to 90.23 against U.S. dollar

Posted on January 12, 2026 By admin
Rupee falls 5 paise to 90.23 against U.S. dollar

Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 5 paise to ₹90.23 against the U.S. dollar in early trade on Monday (January 12, 2026), driven by rising crude oil prices and an unabated outflow of foreign funds. According to forex traders, a volatile geopolitical situation and concerns over further…

Read More “Rupee falls 5 paise to 90.23 against U.S. dollar” »

Business

FPIs pull out ₹7,608 crore from equities in just 2 days of January

Posted on January 4, 2026 By admin
FPIs pull out ₹7,608 crore from equities in just 2 days of January

Image used for representative purpose only. | Photo Credit: Reuters Foreign portfolio investors have started 2026 on a cautious note, extending their selling streak from last year by withdrawing ₹7,608 crore ($846 million) from Indian equities in the first two trading sessions of January. The withdrawal of funds followed the largest outflow of ₹1.66 lakh…

Read More “FPIs pull out ₹7,608 crore from equities in just 2 days of January” »

Business

INR to stay at its current low of ₹89 to ₹90 till December 25: Experts

Posted on December 2, 2025 By admin
INR to stay at its current low of ₹89 to ₹90 till December 25: Experts

Image used for representational purposes. | Photo Credit: Reuters The rupee opened the month with a fresh low of ₹89.7 a dollar and is expected to maintain this level till December 2025, according to experts. This is the fourth consecutive session in which the rupee has depreciated against the dollar. A delayed U.S.-India trade deal,…

Read More “INR to stay at its current low of ₹89 to ₹90 till December 25: Experts” »

Business

Rupee rises 11 paise to 89.05 against U.S. dollar in early trade

Posted on November 25, 2025 By admin
Rupee rises 11 paise to 89.05 against U.S. dollar in early trade

Image used for representational purposes only. | Photo Credit: Reuters The rupee stayed on the recovery path and gained 11 paise to 89.05 against the U.S. dollar in early trade on Tuesday (November 25, 2025), supported by lower crude oil prices in the international market. The Indian currency, however, remained under pressure due to a…

Read More “Rupee rises 11 paise to 89.05 against U.S. dollar in early trade” »

Business

We do not target any level of Rupee; depreciation due to demand for U.S. dollar: RBI governor Sanjay Malhotra

Posted on November 20, 2025 By admin
We do not target any level of Rupee; depreciation due to demand for U.S. dollar: RBI governor Sanjay Malhotra

Sanjay Malhotra. File | Photo Credit: The Hindu Reserve Bank governor Sanjay Malhotra on Thursday (November 20, 2025) said the central bank does not target any level of Rupee, and the recent depreciation of the domestic currency against the U.S. dollar is owing to demand for the greenback. The governor also said the Reserve Bank…

Read More “We do not target any level of Rupee; depreciation due to demand for U.S. dollar: RBI governor Sanjay Malhotra” »

Business

Rupee trades in narrow range against US dollar in early trade

Posted on October 16, 2024 By admin
Rupee trades in narrow range against US dollar in early trade

The rupee witnessed range-bound trade and depreciated 3 paise to 84.07 against the U.S. dollar in initial deals. FIle | Photo Credit: Reuters The rupee witnessed range-bound trade and depreciated 3 paise to 84.07 against the U.S. dollar in initial deals on Wednesday (October 16, 2024), weighed down by significant foreign fund outflows and the…

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