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Tag: rupee exchange rate

Rupee jumps 96 paise to close at 95.75 against U.S. dollar

Posted on October 12, 2026 By admin
Rupee jumps 96 paise to close at 95.75 against U.S. dollar

Image used for representational purposes only. | Photo Credit: Reuters The rupee appreciated 96 paise, logging its steepest single-day gain in more than six months, to close at 95.75 (provisional) against the U.S. dollar on Monday (October 12, 2026) after the Reserve Bank of India over the weekend stepped in with several measures aimed at…

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Business

Rupee rises 16 paise to close at 96.72 against U.S. dollar

Posted on October 9, 2026 By admin
Rupee rises 16 paise to close at 96.72 against U.S. dollar

This image is used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee appreciated 16 paise to close at 96.72 (provisional) against the U.S. dollar on Friday (October 9, 2026), in tandem with its broader Asian peers, supported by a slight softening in the U.S. dollar and crude oil prices. Forex traders said…

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Business

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

Posted on September 21, 2026 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…

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Business

Rupee rises 4 paise to 94.39 against U.S. dollar in early trade

Posted on September 7, 2026 By admin
Rupee rises 4 paise to 94.39 against U.S. dollar in early trade

Image used for representational purposes. File | Photo Credit: Reuters The rupee traded in a narrow range and appreciated 4 paise to 94.39 against the U.S. dollar in early trade on Monday (September 7, 2026) , as the support from strong FCNR-related dollar inflows was negated by elevated crude oil prices amid persistent global headwinds….

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Business

Rupee gains 9 paise to 95.65 against U.S. dollar in early trade

Posted on August 21, 2026 By admin
Rupee gains 9 paise to 95.65 against U.S. dollar in early trade

Image used for representational purposes. File | Photo Credit: Reuters The rupee gained 9 paise to 95.65 against the U.S. dollar in early trade on Friday (August 21, 2026), supported by the weakening of the American currency in the overseas markets. Forex traders said for India, a softer dollar is being offset by another challenge…

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Business

Why does RBI seem to believe that rupee is ‘undervalued’? | Explained

Posted on July 29, 2026 By admin
Why does RBI seem to believe that rupee is ‘undervalued’? | Explained

Reserve Bank of India (RBI) Governor Sanjay Malhotra. File | Photo Credit: Reuters The story so far: The Reserve Bank of India (RBI) Governor Sanjay Malhotra, in a recent interview with Business Line, reiterated that the Indian rupee is “undervalued”. This has drawn attention because central bankers rarely comment on whether a currency is priced…

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Business

Rupee rises 16 paise to settle at 94.39 against U.S. dollar

Posted on June 25, 2026 By admin
Rupee rises 16 paise to settle at 94.39 against U.S. dollar

This image is used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee appreciated 16 paise to settle at 94.39 (provisional) against the U.S. dollar on Thursday (June 25, 2026) as global crude oil prices continued to slide. Positive sentiments in the domestic equity markets and a marginally weaker greenback further supported the…

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Business

Rupee hits lowest-ever intraday level of 95.80 against U.S. dollar

Posted on May 13, 2026 By admin
Rupee hits lowest-ever intraday level of 95.80 against U.S. dollar

Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto The rupee touched its lowest-ever intraday level of 95.80 against the U.S. dollar, weakening for the fourth consecutive session on Wednesday (May 13, 2026) due to elevated crude oil prices and fear of a prolonged global trade disruption amid the West Asia crisis. According to…

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Business

Is the falling rupee a cause for alarm?

Posted on December 11, 2025 By admin
Is the falling rupee a cause for alarm?

Over the last few days, the rupee exchange rate has fallen below ₹90 a dollar and has largely stayed at that level. Now, with Parliament running, a lot of the discourse on this has been political. However, from a policy level, it is critical to understand the economics behind the fall. Why is the rupee…

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Business

Rupee falls 6 paise to close at 88.68 against U.S. dollar

Posted on November 13, 2025 By admin
Rupee falls 6 paise to close at 88.68 against U.S. dollar

At the interbank foreign exchange, the rupee opened at 88.66 against the U.S. dollar and touched an intra-day high of 88.63 and a low of 88.73 during the day. Representational file image. | Photo Credit: Reuters The rupee consolidated in a narrow range and settled for the day lower by 6 paise at 88.68 (provisional)…

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