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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 strengthens by 16 paise against dollar in early trade

Rupee strengthens by 16 paise against dollar in early trade

Tue, Dec 06, 2016

The rupee strengthened by 16 paise to 68.05 against the dollar in early trade on Tuesday at the Interbank Foreign Exchange on increased selling of the US currency by exporters and banks amid higher opening in the domestic equity market.

Rupee gains 9 paise against dollar in early trade

Rupee gains 9 paise against dollar in early trade

Wed, Nov 30, 2016

The rupee firmed up 9 paise to 68.56 against the dollar in early trade on Wednesday, rising for the second straight day on increased selling of the US currency by exporters and banks.

Rupee edges higher by 5 paise against dollar in early trade

Rupee edges higher by 5 paise against dollar in early trade

Tue, Nov 29, 2016

The rupee edged higher by 5 paise to 68.71 against the US dollar at the forex market in early trade on Tuesday on fresh selling of the American currency by exporters and banks.

Rupee weakens by 11 paise against dollar in early trade

Rupee weakens by 11 paise against dollar in early trade

Mon, Nov 28, 2016

The rupee weakened by 11 paise to 68.57 against the dollar in early trade on Monday at the Interbank Foreign Exchange market on month-end demand for the American currency from importers.

Rupee gains 30 paise to 68.43 against dollar in late morning trade

Rupee gains 30 paise to 68.43 against dollar in late morning trade

Fri, Nov 25, 2016

The rupee strengthened further from early gains by 30 paise to 68.43 against the American currency in late morning deals in sustained bouts of dollar selling from banks and exporters amid higher domestic equites.

Indian Rupee's tumble not surprising, says Sue Trinh

Indian Rupee's tumble not surprising, says Sue Trinh

Thu, Nov 24, 2016

While another Sue Trinh, head of Asia FX strategy at RBC Capital Markets was quoted by Bloomberg as saying that INR tumble is unsurprising and is not a sign of panic as losses are due largely to stronger dollar.

Rupee dives to near three-year lows as Trump, demonetisation weigh heavy

Rupee dives to near three-year lows as Trump, demonetisation weigh heavy

Wed, Nov 23, 2016

Suresh Sadagopan, Founder of Ladder7 Financial Advisors said, “There is a flight of dollars away from Indian markets & hence dollars are strengthening. This is partly due to the fact that US interest rate is expected to move up and money from across the world may move into US investments.”

Rupee hits new 2-month high of 66.34 against dollar

Rupee hits new 2-month high of 66.34 against dollar

Thu, Nov 10, 2016

The rupee strengthened by 9 paise to quote at fresh two-month high of 66.34 against the US dollar in early trade on Thursday on an increased selling of the American currency by exporters and banks amid a higher opening in the domestic equity market.

Rupee recovers 3 paise against dollar in early trade

Rupee recovers 3 paise against dollar in early trade

Fri, Nov 04, 2016

The rupee recovered by three paise to 66.72 against the US dollar in early trade on Friday on mild selling of the US currency by exporters.

Rupee makes a weak start, slips 9 paise against dollar

Rupee makes a weak start, slips 9 paise against dollar

Wed, Nov 02, 2016

The rupee on Wednesday got off to a bumpy start as it depreciated 9 paise to 66.80 against the US dollar after demand for the American currency from importers went up. Forex dealers said fresh demand for the US unit and a weak opening of the domestic equity market weighed on the rupee.

Rupee falls further by 13 paise against dollar in early trade

Rupee falls further by 13 paise against dollar in early trade

Fri, Oct 21, 2016

The rupee fell further by 13 paise to 66.94 against the dollar in early trade on Firday at the Interbank Foreign Exchange market on increased demand for the American currency from importers.

Rupee makes a weak start, slips 3 paise against dollar

Rupee makes a weak start, slips 3 paise against dollar

Thu, Oct 20, 2016

Forex dealers said fresh demand for the US unit and its gains against the euro and other currencies overseas ahead of a closely-watched European Central Bank meeting pulled the rupee down, but a relatively strong opening of the domestic equity market minimised the loss.

Global cues, foreign fund inflows to strengthen rupee

Global cues, foreign fund inflows to strengthen rupee

Sat, Oct 08, 2016

"Lower US non-farm payrolls and consequent weakness in dollar trajectory will support the rupee`s movement," Bansi Madhavani, analyst at India Ratings and Research, told IANS.

IOC hikes petrol price by 28 paise per litre, cuts diesel price by 6 paise a litre

IOC hikes petrol price by 28 paise per litre, cuts diesel price by 6 paise a litre

Fri, Sep 30, 2016

Indian Oil Corporation (IOC) on Friday hiked petrol price by 28 paise per litre while it decreased diesel price by 6 paise per litre. This is the third time the company has increased the rates of petrol in the September month.

Rupee rebounds after brief setback; ends up 24 paise to 66.61

Rupee rebounds after brief setback; ends up 24 paise to 66.61

Fri, Sep 30, 2016

The rupee on Friday staged a resounding comeback after a brief overnight setback and ended higher by a whopping 24 paise at 66.61 on fresh dollar unwinding from banks and exporters.

Surgical strikes likely to have economic implications on India: Care Ratings

Surgical strikes likely to have economic implications on India: Care Ratings

Fri, Sep 30, 2016

The Indian Army's surgical strikes against suspected Pakistan-based militants along the Line of Control (LoC) on late Wednesday night is likely to have economic implications on India, said Care Ratings in a latest research report.

Rupee tumbles to a week's low on surgical strikes

Rupee tumbles to a week's low on surgical strikes

Thu, Sep 29, 2016

The Indian rupee on Thursday tumbled to its lowest level in the last one week after the army announced that it had carried out "surgical strikes" on terror camps across the Line of Control (LoC) with Pakistan.

Indian equity markets open flat, Sensex up 18 points

Indian equity markets open flat, Sensex up 18 points

Thu, Sep 15, 2016

Indian equity markets opened flat on Thursday with BSE Sensex up 0.09% to 28,415 points and NSE Nifty 50 to 0.2% at 8,739.85 points.

Indian Rupee reaches four-month peak

Indian Rupee reaches four-month peak

Tue, Sep 06, 2016

Indian Rupee (INR) has touched four-month high, trading at Rs 66.53 to a dollar, up 0.44%.

Rupee recovers by 7 paise to 67.12 against dollar in early trade

Rupee recovers by 7 paise to 67.12 against dollar in early trade

Tue, Aug 23, 2016

Besides, the dollar's weakness against some currencies overseas supported the rupee but early losses in the domestic equity market restricted gains, dealers said.

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