Tag: rupees

Rupee hits record low of 90: Calculated move by RBI or a sign of losing control?

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Rupee hits record low of 90: Calculated move by RBI or a sign of losing control?

Last Wednesday, the rupee slipped past the ₹90 per dollar mark. While this drop is labelled as ‘psychologically significant,’ the underlying economic factors haven’t changed much. Yet a specific set of recent events has added fresh momentum, decisively tipping the scales against the currency. The rupee’s rise or fall depends on two main factors: what’s…

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Rupee falls 12 paise to 87.95 against U.S. dollar in early trade

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Rupee falls 12 paise to 87.95 against U.S. dollar in early trade

Representative image | Photo Credit: Reuters The rupee depreciated 12 paise to 87.95 against the U.S. dollar in early trade on Monday (October 27, 2025), weighed down by rising crude oil prices supported by optimism over a potential U.S.-China deal. Forex traders said the rally in crude oil prices was driven by the potential U.S.-China…

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Rupee recovers 15 paise from all-time low to 88.65 against U.S. dollar post RBI monetary policy

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Rupee recovers 15 paise from all-time low to 88.65 against U.S. dollar post RBI monetary policy

Representative image | Photo Credit: Reuters The rupee recovered 15 paise from its all-time low to 88.65 against the U.S. dollar on Wednesday (October 1, 2025), after the Reserve Bank Governor delivered a dovish pause, broadly in line with market expectations. RBI MPC meeting LIVE Reserve Bank of India (RBI) expectedly left its key interest…

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Rupee rises 3 paise to 88.72 against dollar in early trade

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Rupee rises 3 paise to 88.72 against dollar in early trade

Representative image | Photo Credit: Reuters The rupee rose 3 paise to 88.72 against the U.S. dollar in early trade on Tuesday (September 30, 2025) on the back of a fall in crude oil prices and positive sentiments in the domestic equity markets. However, a marginally stronger greenback, coupled with FII outflows, prevented sharper gains…

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Rupee falls 28 paise to close at 88.13 against U.S. dollar

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Rupee falls 28 paise to close at 88.13 against U.S. dollar

Representative image | Photo Credit: Reuters The rupee depreciated 28 paise to close at 88.13 (provisional) against the U.S. dollar on Thursday (September 18, 2025), on hawkish Fed and a bounce back in the U.S. dollar. Forex traders said traders assessed the U.S. FED outlook following a rate cut. The U.S. FED reduced rates by…

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Rupee rises 14 paise to 87.95 against U.S. dollar in early trade

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Rupee rises 14 paise to 87.95 against U.S. dollar in early trade

Representative image | Photo Credit: Reuters The rupee appreciated 14 paise to 87.95 against the U.S. dollar in early trade on Tuesday (September 9, 2025), tracking a positive trend in domestic equities even as concerns over U.S. tariffs on India weighed on the domestic unit. Forex traders said the rupee is likely to remain under…

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Rupee rises 20 paise to close at 87.43 against U.S. dollar

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Rupee rises 20 paise to close at 87.43 against U.S. dollar

Representative image | Photo Credit: Reuters The rupee appreciated 20 paise to close at 87.43 (provisional) against the U.S. dollar on Wednesday (August 13, 2025), as a weak greenback and a positive momentum in domestic equity markets enthused investors. Forex traders said weak crude oil prices and cooling domestic inflation supported the rupee, but uncertainties…

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Rupee falls 16 paise to close at 87.82 against U.S. dollar

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Rupee falls 16 paise to close at 87.82 against U.S. dollar

Representative image | Photo Credit: Reuters The rupee depreciated 16 paise to close at 87.82 (provisional) against the U.S. dollar on Tuesday (August 5, 2025), as risk-off sentiment deepened after U.S. President Donald Trump renewed his threat to raise tariffs on Indian goods over New Delhi’s continued purchases of Russian oil. Forex traders said the…

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Rupee declines 16 paise to settle at 86.56 against U.S. dollar

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Rupee declines 16 paise to settle at 86.56 against U.S. dollar

Image for representative purposes only | Photo Credit: Reuters The rupee depreciated 16 paise to close at 86.56 (provisional) against the U.S. dollar on Thursday (January 16, 2025), dragged down by a strong American currency overseas, elevated crude oil prices and foreign fund outflows. “However, positive domestic equity markets provided some cushion at the lower…

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Rupee extends gains, settles 13 paise higher at 86.40 against U.S. dollar

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Rupee extends gains, settles 13 paise higher at 86.40 against U.S. dollar

Image for representational purposes only | Photo Credit: Reuters The rupee extended its recovery for the second straight session and settled with a gain of 13 paise at 86.40 (provisional) against the U.S. dollar on Wednesday (January 15, 2025), tracking favourable cues from domestic equity markets and softening crude oil prices. The American currency index…

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