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The rupee depreciated 11 paise to 90.43 (provisional) against the US dollar on Wednesday, after a sharp rally in the previous trading session following India-US trade deal announcement, on suspected dollar buying by corporates and importers. Forex traders said despite the positive sentiment after the India-US trade deal, caution still remains as there is no…
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Image used for representational purposes only. | Photo Credit: Reuters The rupee stayed on the recovery path and gained 11 paise to 89.05 against the U.S. dollar in early trade on Tuesday (November 25, 2025), supported by lower crude oil prices in the international market. The Indian currency, however, remained under pressure due to a…
Read More “Rupee rises 11 paise to 89.05 against U.S. dollar in early trade” »
Image used for representation purpose only. | Photo Credit: Reuters The local currency, however, remained under pressure tracking a firm greenback and negative cues from domestic equity markets, forex traders said. At the interbank foreign exchange market, the rupee opened at 88.67 and gained some ground to trade at 88.63 against the U.S. dollar in…
Read More “Rupee gains 5 paise to 88.63 against U.S. dollar in early trade” »
U.S. President Donald Trump. File | Photo Credit: AP U.S. President Donald Trump has called the BRICS grouping an “attack” on the U.S. dollar, claiming that he threatened nations seeking to join the bloc with tariffs following which “everybody dropped out”. BRICS comprises Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the…
Washington DC: Donald Trump has sniffed trouble brewing afar against the United States – one that may topple the US’s position as a dominant global power and end Washington’s ability to impose economic sanctions against those it deems fit for the case. The storm in question is the steadily-expanding BRICS+ grouping. Within hours of taking…
Read More “Donald Trump Feels The Heat From A Rising BRICS+, Threatens 100% Tariff” »
Photo used for illustration purpose only | Photo Credit: Reuters The rupee recovered slightly from its record low and settled with a gain of 4 paise at 85.87 (provisional) against the U.S. dollar on Thursday (January 9, 2025) amid firm American currency and elevated level of crude oil prices. According to forex analysts, relentless selling…
Read More “Rupee recovers from record low to settle 4 paise higher at 85.87 against U.S. dollar” »
No decision has been taken to start a currency to compete with the US dollar, said S Jaishankar Doha/New Delhi: No decision has been taken to start a new currency to compete with the US dollar, External Affairs Minister S Jaishankar has said in Qatar, where he has gone to attend the Doha Forum. Mr…
Read More ““No Proposal For BRICS Currency:” S Jaishankar After Trump’s Tariff Warning” »
Photo used for representation purpose only. | Photo Credit: Reuters The rupee fell 1 paisa to a new lifetime low of 84.39 (provisional) against the U.S. dollar on Tuesday (November 12, 2024) as persistent foreign fund outflows and a strengthening greenback against major crosses overseas dented investor sentiments. Forex traders said the rupee is likely…
Read More “Rupee slips 1 paisa to close at fresh all-time low of 84.39 against U.S. dollar” »
Photo used for representation purpose only. | Photo Credit: Reuters The rupee settled flat at 84.07 (provisional) against the US dollar for the second straight session on Tuesday (October 22, 2024), tracking negative domestic equity markets and unabated outflow of foreign funds. The local unit was also weighed down by elevated crude oil prices as…
Read More “Rupee settles flat at 84.07 against U.S. dollar for second straight session” »
At the interbank foreign exchange, the rupee opened at 84.06 against the greenback and traded in a tight range. In initial trade it touched 84.05, registering a rise of 5 paisa over its previous close. File | Photo Credit: Reuters The rupee rebounded from its all-time low levels and appreciated 5 paise to 84.05 against…
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