Tag: rupee dollar exchange rate

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

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

This image is used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee traded in a narrow range and fell 3 paise to 95.97 against the U.S. dollar in early trade on Wednesday (September 30, 2026), pressured by persistent dollar demand from state-run oil marketing companies and firm crude oil prices. Dollar sales…

Read More “Rupee trades in narrow range against U.S. dollar in early trade” »

Business

Rupee rises 5 paise to 95.57 against U.S. dollar in early trade

Posted on By admin
Rupee rises 5 paise to 95.57 against U.S. dollar in early trade

This image is used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee gained 5 paise to 95.57 against the U.S. dollar in early trade on Wednesday (September 23, 2026), supported by falling crude oil prices and a broader recovery in Asian currencies. Forex traders said going ahead, the currency market direction will…

Read More “Rupee rises 5 paise to 95.57 against U.S. dollar in early trade” »

Business

Rupee rises 24 paise to 95.72 against U.S. dollar in early trade

Posted on By admin
Rupee rises 24 paise to 95.72 against U.S. dollar in early trade

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…

Read More “Rupee rises 24 paise to 95.72 against U.S. dollar in early trade” »

Business

Rupee rises 16 paise to 95.73 against U.S. dollar in early trade

Posted on By admin
Rupee rises 16 paise to 95.73 against U.S. dollar in early trade

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…

Read More “Rupee rises 16 paise to 95.73 against U.S. dollar in early trade” »

Business

FCNR(B) deposits: Who bears the currency risk? | Explained

Posted on By admin
FCNR(B) deposits: Who bears the currency risk? | Explained

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” »

Business

Rupee rises 26 paise to 94.90 against US dollar in early trade

Posted on By admin
Rupee rises 26 paise to 94.90 against US dollar in early trade

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…

Read More “Rupee rises 26 paise to 94.90 against US dollar in early trade” »

Business

Rupee rises 6 paise to close at 94.34 against U.S. dollar

Posted on By admin
Rupee rises 6 paise to close at 94.34 against U.S. dollar

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…

Read More “Rupee rises 6 paise to close at 94.34 against U.S. dollar” »

Business

Nirmala Sitharaman attributes rupee fluctuations to global, domestic factors

Posted on By admin
Nirmala Sitharaman attributes rupee fluctuations to global, domestic factors

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…

Read More “Nirmala Sitharaman attributes rupee fluctuations to global, domestic factors” »

Business

Rupee-dollar fluctuations driven by global, domestic factors: Sitharaman

Posted on By admin
Rupee-dollar fluctuations driven by global, domestic factors: Sitharaman

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…

Read More “Rupee-dollar fluctuations driven by global, domestic factors: Sitharaman” »

Nation

Rupee-dollar fluctuations driven by global, domestic factors: Sitharaman

Posted on By admin
Rupee-dollar fluctuations driven by global, domestic factors: Sitharaman

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…

Read More “Rupee-dollar fluctuations driven by global, domestic factors: Sitharaman” »

Business