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Tag: rupee vs dollar

Rupee plunges 13 paise to settle at new record low of 85.87 against U.S. dollar

Posted on January 8, 2025 By admin
Rupee plunges 13 paise to settle at new record low of 85.87 against U.S. dollar

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…

Read More “Rupee plunges 13 paise to settle at new record low of 85.87 against U.S. dollar” »

Business

Rupee settles 5 paise lower at 85.73 against U.S. dollar

Posted on January 7, 2025 By admin
Rupee settles 5 paise lower at 85.73 against U.S. dollar

 At the interbank foreign exchange, the rupee opened at 85.77, touched the day’s peak of 85.65 and hit an intraday low of 85.80 against the greenback | Photo Credit: Reuters The rupee fell 5 paise to settle at 85.73 (provisional) against the U.S. dollar on Tuesday (January 7, 2025), as higher crude oil prices and…

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Business

Why is the rupee weakening against the dollar?: Explained

Posted on January 4, 2025 By admin
Why is the rupee weakening against the dollar?: Explained

The current bout of rupee depreciation is seen as driven primarily by the exit of foreign investors from India, which has put pressure on the rupee. | Photo Credit: Reuters The story so far: In the last week of December, 2024, the rupee breached the 85 mark against the U.S. dollar, touching an all-time low…

Read More “Why is the rupee weakening against the dollar?: Explained” »

Business

Rupee falls 11 paise to 85.75 in early trade

Posted on January 2, 2025 By admin
Rupee falls 11 paise to 85.75 in early trade

Representational image. | Photo Credit: The Hindu The rupee dropped 11 paise to 85.75 against the US dollar in early trade on Thursday (January 2, 2025), weighed down by the significant uptrend in the dollar index and US 10-year bond yields. Forex traders said the dollar gained against most currencies during the year 2024 and…

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Business

Rupee Falls At All-Time Closing Low Of Rs 83.65 Against US Dollar

Posted on December 31, 2024 By admin
Rupee Falls At All-Time Closing Low Of Rs 83.65 Against US Dollar

Mumbai: The rupee depreciated 13 paise to close at fresh record low of 85.65 (provisional) against the US dollar on Tuesday, ending the year with a sharp 3 per cent loss on significant foreign fund outflows and a strong greenback in global markets. Forex traders said the rupee has been under continued pressure amid the…

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Nation

Rupee falls 3 paise to close at all-time low of 84.94 against U.S. dollar

Posted on December 18, 2024 By admin
Rupee falls 3 paise to close at all-time low of 84.94 against U.S. dollar

 At the interbank foreign exchange, the rupee opened at 84.92 against the greenback, and touched 84.95 during intra-day trade. File. | Photo Credit: Reuters The rupee dropped 3 paise to close at an all-time low of 84.94 (provisional) against the U.S. dollar on Wednesday (December 18, 2024), as traders await cues from the US Fed…

Read More “Rupee falls 3 paise to close at all-time low of 84.94 against U.S. dollar” »

Business

Rupee falls 1 paisa against US dollar in early trade

Posted on December 18, 2024 By admin
Rupee falls 1 paisa against US dollar in early trade

The Indian Rupee logo. Representational image. | Photo Credit: REUTERS The rupee dropped 1 paisa to 84.92 against the US dollar in early trade on Wednesday (December 18, 2024) and hovered around its all-time low level, as traders await more cues from the US FED on the interest rate front. Forex traders said dollar demand…

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Business

Rupee falls 9 paise to all-time low of 84.89 against U.S. dollar

Posted on December 16, 2024 By admin
Rupee falls 9 paise to all-time low of 84.89 against U.S. dollar

 On Friday, the rupee rebounded from its all-time low level and settled with a gain of 8 paise at 84.80 against the U.S. dollar. File. | Photo Credit: Reuters The rupee depreciated by 9 paise to close at an all-time low level of 84.89 (provisional) against the U.S. dollar on Monday (December 16, 2024), dragged…

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Business

Rupee falls 2 paise to all-time low of 84.87 against U.S. dollar in early trade

Posted on December 11, 2024 By admin
Rupee falls 2 paise to all-time low of 84.87 against U.S. dollar in early trade

Image used for representation purpose only. File | Photo Credit: V.V. Krishnan The rupee fell 2 paise to all-time low of 84.87 against the U.S. dollar in early trade on Wednesday (December 11, 2024), amid rising expectations of a shift in the Reserve Bank’s monetary policy stance post the appointment of Sanjay Malhotra as the…

Read More “Rupee falls 2 paise to all-time low of 84.87 against U.S. dollar in early trade” »

Business

Rupee trades in narrow range against U.S. dollar in early trade

Posted on December 5, 2024 By admin
Rupee trades in narrow range against U.S. dollar in early trade

Image used for representational purpose. | Photo Credit: Reuters Rupee opened on a flat note and rose just 4 paise from its all-time low level to 84.71 against the U.S. dollar in morning trade on Thursday (December 5, 2024), as the support from positive domestic equities was negated by the broad strength of the American…

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