Tag: rupee value

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

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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…

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

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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…

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Business

Rupee falls 15 paise to 95.56 against U.S. dollar in early trade

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Rupee falls 15 paise to 95.56 against U.S. dollar in early trade

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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Rupee rises 20 paise to 95.41 against U.S. dollar in early trade

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Rupee rises 20 paise to 95.41 against U.S. dollar in early trade

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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Business

Rupee falls 9 paise to 94.94 against U.S. dollar in early trade

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Rupee falls 9 paise to 94.94 against U.S. dollar in early trade

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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Forex reserves can be used when sentiments pull INR down: Experts

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Forex reserves can be used when sentiments pull INR down: Experts

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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Business

Rupee falls 47 paise to close at 95.73 against U.S. dollar

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Rupee falls 47 paise to close at 95.73 against U.S. dollar

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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Rupee recovers 49 paise from all-time low to settle at 96.37 against U.S. dollar

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Rupee recovers 49 paise from all-time low to settle at 96.37 against U.S. dollar

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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Business

RBI considers rate hike as rupee slumps: reports

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RBI considers rate hike as rupee slumps: reports

The Reserve Bank of India is considering ​all ⁠its available options to stabilise the rupee. Image for representation | Photo Credit: Reuters The Reserve ​Bank of ‌India (RBI) is considering ​all ⁠its available options to stabilise the rupee, including an ‌interest ‌rate ⁠hike, Bloomberg ⁠News reported on Thursday (May 21, 2026), citing people ​familiar ‌with…

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