Tag: rupee dollar

Rupee hits record low of 90: Calculated move by RBI or a sign of losing control?

December 7, 2025 admin

Last Wednesday, the rupee slipped past the ₹90 per dollar mark. While this drop is labelled as ‘psychologically significant,’ the underlying economic factors haven’t changed much. Yet a specific set of recent events has added fresh momentum, decisively tipping the scales against the currency. The rupee’s rise or fall depends on two main factors: what’s…

Business

Rupee falls 4 paise to fresh low of 88.79 against U.S. dollar

September 30, 2025 admin

At the interbank foreign exchange, the rupee opened at 88.73 against the dollar and traded in the range of 88.69-88.80 before settling at 88.79 (provisional), lower by 4 paise against its previous close. File. | Photo Credit: Reuters The rupee fell 4 paise to an all-time low of 88.79 (provisional) against the U.S. dollar on…

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Rupee falls 12 paise to close at 88.14 against U.S. dollar

September 4, 2025 admin

The dollar index, which gauges the greenback’s strength against a basket of six currencies, was up 0.08% to 98.21. Representational file image. | Photo Credit: Reuters The rupee fell 12 paise to close at 88.14 (provisional) against the U.S. dollar on Thursday (September 4, 2025) amid sustained foreign fund outflows and a stronger greenback. However,…

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‘Rupee’s Fall Due To Dollar’s Rise, Intervention Can Harm Exports’: Ex-RBI Governor

January 24, 2025 admin

Davos: Attributing the fall in Indian rupee solely to the US dollar getting stronger, former Reserve Bank governor Raghuram Rajan has said any intervention by the RBI on this can end up harming Indian exports even as he urged policymakers to focus on creating more jobs and boosting household consumption. Asked what the second term…

Nation

Rupee Ends 1 Paisa Down At 86.62 Against US Dollar

January 17, 2025 admin

New Delhi: The rupee traded in a tight range and settled 1 paisa lower at 86.62 (provisional) against the US dollar on Friday, as massive outflow of foreign funds and falling domestic equity markets dented investors’ sentiment. A firm American currency and higher crude oil prices also weighed on the domestic unit, forex traders said….

Nation

Rupee rises 8 paise to 83.49 against U.S. dollar in early trade

June 27, 2024 admin

At the interbank foreign exchange market, the local unit opened at 83.56 and gained further ground to trade at 83.49 against the greenback in initial deals, registering an increase of 8 paise from its previous closing level. File | Photo Credit: V.V. Krishnan The rupee appreciated 8 paise to 83.49 against the U.S. dollar in…

Business

Sensex, Nifty tank over 1% on concerns over Middle East conflict, weak global trends; Rupee falls 6 paise

April 15, 2024 admin

Stock markets took a beating on April 15 with benchmark Sensex and Nifty tumbling over 1% as escalating conflict in the Middle East and weak trends from global markets unnerved investors. Falling for the second session in a row, the 30-share BSE Sensex tanked 845.12 points or 1.14% to settle at a more than two-week…

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Rupee rises 6 paise against U.S. dollar in early trade

September 20, 2023 admin

The rupee strengthened by 6 paise to 83.26 against the U.S. dollar in early trade on September 20 on easing global crude oil prices and rising appetite for riskier assets. However, a sell-off in the domestic equity markets and a strong American currency against major rivals overseas restricted the rupee’s rise, traders said. At the…

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