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Indian Rupee

Indian rupee drops to record low, tracking Asian peers

Indian rupee drops to record low, tracking Asian peers

Fri, Nov 10, 2023

Rupee hits record low of Rs.83.42/$. Why was there a sudden decline in the rupee?

What Is E-Rupee and How is it Different From UPI? | Explained

What Is E-Rupee and How is it Different From UPI? | Explained

Fri, Sep 15, 2023

India's central bank digital currency (CBDC), e₹, is still in the pilot phase, but it has the potential to revolutionise the way we pay for goods and services. In this video, we explain what e₹ is, how it works, and who can use it. We also discuss the key differences between e₹ and UPI, and how e₹ can be used to make payments.

Rupee vs dollar in times of coronavirus: INR slips 32 paise to 75.21 amid scare

Rupee vs dollar in times of coronavirus: INR slips 32 paise to 75.21 amid scare

Mon, Mar 30, 2020

The rupee opened weak at 75.17 at the interbank forex market and then fell further to 75.21, down 32 paise over its last close. The rupee had settled at 74.89 against the US dollar on Friday.

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Rupee in times of coronavirus mahamari: INR rises 56 paise against US dollar to 74.60 in early trade

Rupee in times of coronavirus mahamari: INR rises 56 paise against US dollar to 74.60 in early trade

Fri, Mar 27, 2020

The assurance of domestic stimulus by the government boosted investor sentiment. However, there are concerns over the impact of coronavirus outbreak on the domestic as well as global economy.

Rupee rises 18 paise to 76.02 against US dollar in early trade

Rupee rises 18 paise to 76.02 against US dollar in early trade

Tue, Mar 24, 2020

Traders said investor sentiments improved after the Reserve Bank as part of its effort to boost liquidity on Monday said it will conduct Rs 1 lakh crore of short-term variable repo auction.

Rupee weakens to record low; breaches 76 mark

Rupee weakens to record low; breaches 76 mark

Mon, Mar 23, 2020

According to Sajal Gupta, Head Forex and Rates, Edelweiss Securities: "Markets are expecting some strong policy measures as has been done globally to improve sentiments and provide support to markets."

Rupee vs dollar: INR tanks 95 paise, falls below 76 level against US dollar

Rupee vs dollar: INR tanks 95 paise, falls below 76 level against US dollar

Mon, Mar 23, 2020

The rupee which opened on a weak note at 75.90 at the interbank forex market, lost further ground and touched a low of 76.15 against the US dollar, registering a decline of over 95 paise over its last close.

Indian rupee plunges 70 paise to 74.96 against US dollar in early trade

Indian rupee plunges 70 paise to 74.96 against US dollar in early trade

Thu, Mar 19, 2020

Traders said there is a sense of anxiety among investors as they see the global as well as domestic economy plunging into a deep crisis due to coronavirus (Covid-19) pandemic that has killed nearly 9,000 and sickened lakhs of people around the globe.

Rupee rises 25 paise to 74 against US dollar in early trade

Rupee rises 25 paise to 74 against US dollar in early trade

Tue, Mar 17, 2020

At the interbank foreign exchange the rupee opened at 74.16, then gained further ground and touched a high of 74.00 against the US dollar, registering a rise of 25 paise over its previous close. On Monday, rupee had settled at 74.25 against the greenback.

Rupee slides 65 paise against USD to 73.99 on growth concerns

Rupee slides 65 paise against USD to 73.99 on growth concerns

Fri, Mar 06, 2020

Investor sentiment took a hit due to deep losses in global equities on coronavirus fears. RBI's decision to place Yes Bank under a moratorium and took over its board also weighed on market mood.

Rupee rises 5 paise to 71.60 against US dollar in early trade

Rupee rises 5 paise to 71.60 against US dollar in early trade

Thu, Feb 27, 2020

Forex traders said easing crude oil prices and weakening of the American currency vis-a-vis other currencies overseas supported the rupee, while weak opening in domestic equities and sustained foreign fund outflows weighed on the local unit.

Rupee rises 11 paise to 71.74 against US dollar in early trade

Rupee rises 11 paise to 71.74 against US dollar in early trade

Wed, Feb 26, 2020

The death toll in China's novel coronavirus epidemic on Wednesday climbed to 2,715 with 52 new fatalities while the confirmed cases rose to 78,064. Domestic bourses opened on a muted note on Wednesday with benchmark indices Sensex trading 275.11 points lower at 40,006.09 and Nifty down 85.30 points at 11,712.60.

Rupee vs Dollar: Indian currency rises 8 paise to 71.32 in early trade

Rupee vs Dollar: Indian currency rises 8 paise to 71.32 in early trade

Mon, Feb 10, 2020

Domestic bourses opened on a negative note on Monday with benchmark indices Sensex trading 226.26 points down at 40,915.59 and Nifty down 71.85 points at 12,026.50. Foreign institutional investors (FIIs) remained net buyers in the capital market, as they purchased shares worth Rs 161.93 crore on Friday, according to provisional exchange data.

35 bps RBI repo rate cut: Indian rupee to hit 69 or 72-mark? Here's where INR is headed

35 bps RBI repo rate cut: Indian rupee to hit 69 or 72-mark? Here's where INR is headed

Wed, Aug 07, 2019

RBI’s repo rate cut was a major step for the Indian rupee, which is already facing headwinds due to geopolitical tensions, currency war and trade war among other factors.

Big blow! This is what will move your rupee going forward

Big blow! This is what will move your rupee going forward

Tue, Aug 06, 2019

INR vs USD: Indian Rupee is expected to go down against the US dollar (USD) as the US-China trade war is expected to get worse.

INR vs USD: Rupee-dollar deviation to remain stable in July, US Fed rate cut remains a major trigger

INR vs USD: Rupee-dollar deviation to remain stable in July, US Fed rate cut remains a major trigger

Mon, Jul 08, 2019

INR vs USD: Indian rupee has climbed up to Rs 68.5 per US dollar in the Forex market as investors expect a delay in US Fed rate cut post strong US job data.

Budget 2019: Where does the rupee come from and where the rupee goes? Find out

Budget 2019: Where does the rupee come from and where the rupee goes? Find out

Fri, Jul 05, 2019

Budget 2019: According to the budget document, major chunk of the central government's total income comes from corporate tax, GST, income tax and borrowings.

Enjoy duty free shopping at Dubai airports with Indian Rupee now

Enjoy duty free shopping at Dubai airports with Indian Rupee now

Thu, Jul 04, 2019

Good news for Dubai travellers as they can shop and use Indian Rupee at Dubai Airports. According to a leading newspaper in the United Arab Emirates, the Indian Rupee will now be accepted for all transactions at all airports in Dubai.

A currency war on the way? Donald Trump, Mario Draghi, US dollar in focus - Indian rupee to benefit if US Fed cuts rates further

A currency war on the way? Donald Trump, Mario Draghi, US dollar in focus - Indian rupee to benefit if US Fed cuts rates further

Wed, Jun 19, 2019

The Indian rupee has been appreciating against the US dollar at interbank forex market over the past few days.

LPG, Kerosene prices to fall? Here’s what IOCL, BPCL, HPCL may do - Should you buy the stock?

LPG, Kerosene prices to fall? Here’s what IOCL, BPCL, HPCL may do - Should you buy the stock?

Wed, Jun 19, 2019

“Low oil prices and stable INR are expected to pave the way for the next phase of reforms for the Oil Marketing Companies (OMCs),” say experts.

Rupee slips 9 paise to 69.89 vs USD in early trade

Rupee slips 9 paise to 69.89 vs USD in early trade

Mon, Jun 17, 2019

The rupee depreciated by 9 paise to 69.89 against the US dollar in early trade Monday on weak opening in domestic equities and rising crude oil prices.

Rupee rises 21 paise against US dollar in early trade

Rupee rises 21 paise against US dollar in early trade

Fri, May 24, 2019

Rising crude prices and strengthening dollar restricted the gains of the domestic unit.

Rupee weakens on global cues, fall in EM currencies

Rupee weakens on global cues, fall in EM currencies

Thu, May 23, 2019

Negative global cues, such as a rise in protectionist measures along with fall in emerging markets (EMs) currencies, dented the Indian rupee on vote counting day.

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