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At the interbank foreign exchange market, the rupee opened at 95.86 against the U.S. dollar, then gained some ground to touch 95.72 against the American currency, registering a gain of 24 paise from its previous close. | Photo Credit: Reuters The rupee gained 24 paise to 95.72 against U.S. dollar in early trade on Monday…
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At the interbank foreign exchange market, the rupee opened at 95.75 and gained slightly to trade at 95.73 against the greenback in early deals, up 16 paise from its previous close. | Photo Credit: Reuters The rupee rebounded from over two-month low levels, gaining 16 paise to 95.73 against the U.S. dollar in early trade…
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Image used for representational purpose only. The story so far: The Reserve Bank of India (RBI) introduced a special swap facility in June to encourage non-resident Indians to put money into FCNR(B) deposits, as the rupee faced pressure from high oil prices and India sought to strengthen its foreign-exchange reserves. The response was much stronger…
Read More “FCNR(B) deposits: Who bears the currency risk? | Explained” »
At the interbank foreign exchange market, the rupee opened at 94.95, then touched 94.90 against the U.S. dollar, registering a gain of 26 paise from its previous close. | Photo Credit: Getty Images/iStockphoto The rupee appreciated 26 paise to 94.90 against U.S. dollar in early trade on Thursday (July 2, 2026), supported by easing crude…
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This image is used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee pared most of its initial gains and settled for the day higher by just 6 paise at 94.34 (provisional) against the U.S. dollar on Friday (June 19, 2026), as a firming dollar index and rising crude oil prices weighed on…
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Union Finance Minister Nirmala Sitharaman during the ‘Vikasitha Bharatha Sankalpa Samavesh’ program, in Bengaluru. | Photo Credit: PTI Union Finance Minister Nirmala Sitharaman on Sunday (June 14, 2026) said fluctuations in the rupee against the U.S. dollar are influenced by a range of global and domestic factors. Speaking to reporters at Devanahalli near Bengaluru during…
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Union Finance Minister Nirmala Sitharaman on Sunday (June 14, 2026) said fluctuations in the rupee against the US dollar are driven by multiple global and domestic factors, including geopolitical uncertainties, foreign capital movements and India’s import dependence on crude oil, fertilisers and gold. She underlined that the Reserve Bank of India (RBI) intervenes only to…
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Union Finance Minister Nirmala Sitharaman on Sunday (June 14, 2026) said fluctuations in the rupee against the US dollar are driven by multiple global and domestic factors, including geopolitical uncertainties, foreign capital movements and India’s import dependence on crude oil, fertilisers and gold. She underlined that the Reserve Bank of India (RBI) intervenes only to…
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Image used for representational purposes. File | Photo Credit: Reuters The rupee depreciated 10 paise to close at 95.29 (provisional) against the U.S. dollar on Tuesday (June 2, 2026), as global crude oil prices jumped and the American currency remained firm amid massive safe-haven inflows. Forex traders said significant foreign fund outflows also weighed on…
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At the interbank foreign exchange market, the rupee opened at 96.19, then fell further to 96.39 against the U.S. dollar, registering a fall of 58 paise from its previous close. Representational image. | Photo Credit: Getty Images/iStockphoto The rupee weakened further and closed at a record low of 96.35 (provisional) against the U.S. dollar on…
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