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Forex traders said that with the Indian rupee facing severe pressure, the Reserve Bank of India (RBI) is also actively pursuing a “non-direct” strategy to support the currency. | Photo Credit: Reuters The rupee appreciated 61 paise to close at 94.57 (provisional) against the U.S. dollar on Wednesday (May 6, 2027), as Brent crude prices…
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Representational file image. | Photo Credit: Reuters The rupee slid to a record low on Tuesday (May 5, 2026) after U.S.-Iranian strikes in the Gulf rattled markets, dimming hopes for a resolution and deepening concerns over risks confronting the oil-importing economy. The currency weakened to 95.39 per dollar, down 0.3% on the day, eclipsing its…
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Image used for representation | Photo Credit: Getty Images/iStockphotos The rupee rose 3 paise to 89.95 against U.S. dollar in early trade on Tuesday (December 20, 2025), buoyed by a weaker greenback and strong IIP numbers. However, FII outflows, marginally higher crude oil prices, and a weaker opening in the domestic equity markets capped sharp…
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Image used for representational purpose only. File | Photo Credit: Reuters The rupee pared initial gains and settled for the day lower by 16 paise at 89.79 (provisional) against the U.S. dollar on Wednesday (December 24, 2025), fuelled by persistent capital withdrawals from foreign investors, alongside heightened greenback demand from bullion importers. Forex traders said…
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Image used for representational purpose only. | Photo Credit: Reuters The rupee witnessed high volatility in early trade on Wednesday (December 17, 2025), as support from easing crude oil prices was offset by uncertainty over the India-U.S. trade deal and persistent foreign fund outflows. Forex traders said the key driver of rupee weakness in December…
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Image used for representative purpose only. | Photo Credit: Reuters The rupee plunged 43 paise to close at 88.26 (provisional) against the U.S. dollar on Monday (October 27, 2025), as broad strength in crude oil prices and month-end dollar demand from importers weighed on investor sentiment. Forex traders said the rally in crude oil prices…
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Forex traders said the domestic unit is hovering around its all-time low level amid a recovery in the U.S. dollar index and persistent foreign fund outflows. Image used for representative purpose only. | Photo Credit: Reuters The rupee witnessed range-bound trading in morning deals on Friday and depreciated 7 paise to 88.42 against the U.S….
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At the interbank foreign exchange, the rupee opened at 87.45 against the greenback and touched the intraday high of 86.61 during the session. File. | Photo Credit: Reuters The rupee on Tuesday (February 11, 2025) rallied 63 paise, recording its steepest single-day recovery in nearly two years, to settle at 86.82 (provisional) against the U.S….
Image used for representational purpose. | Photo Credit: Reuters The rupee depreciated 45 paise to hit a record low of 87.95 against the U.S. dollar in early trade on Monday (February 10, 2025) weighed down by the strength of the American currency in the overseas market and a negative trend in domestic equities. Forex traders…
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Image used for representational purpose. | Photo Credit: Reuters The rupee extended its slide for the second straight session and declined 13 paise to hit a fresh record low of 85.87 (provisional) against the U.S. dollar on Wednesday (January 8, 2025) amid higher crude oil prices and stronger American currency. Lacklustre sentiment in domestic equity…
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