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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. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 15 paise to 95.56 against the U.S. dollar in early trade on Wednesday (June 10, 2026) as fresh escalations in the West Asia war led to a spike in crude oil prices and pressurised the rupee. Forex traders said the USD/INR pair…
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Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto The rupee rose 20 paise to 95.41 against the U.S. dollar in early trade on Tuesday (June 9, 2026) as Brent crude oil prices and the U.S. dollar index retreated from their elevated levels after a pause in U.S.-Iran hostilities. Forex traders said the rupee…
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Forex traders said Dollar Index was nearer to 99 levels while oil prices rose to $93 per barrel after Israel-Lebanon conflict escalated following sharp weekly drops as Washington and Tehran discussed potential ceasefire that could eventually ease out the disruptions around Strait of Hormuz. | Photo Credit: Reuters The rupee depreciated 9 paise to 94.94…
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Image used for representational purposes. File | Photo Credit: Reuters Foreign exchange reserves in India can be used to cool down the volatility in the rupee as it is episodic and not structural, said experts while speaking at a panel at the Debt Market Summit 2025. “We earn foreign exchange reserves from excess FPI that…
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Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto The rupee depreciated 47 paise to close at 95.73 (provisional) against the U.S. dollar on Tuesday (May 26, 2026), on renewed geopolitical tensions in West Asia and a rise in crude oil prices. Forex traders said a strong U.S. dollar and weak domestic markets…
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At the interbank foreign exchange market, the rupee opened at 96.25 against the dollar. | Photo Credit: Reuters The rupee rebounded 49 paise from its all-time closing low to settle at 96.37 against the U.S. dollar on Thursday (May 21, 2026) after crude oil prices retreated from elevated levels amid signs of easing geopolitical friction,…
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