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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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RBI Monetary Policy: No rate cut is what Indian Rupee wants from Shaktikanta Das

RBI Monetary Policy: No rate cut is what Indian Rupee wants from Shaktikanta Das

Thu, Feb 07, 2019

The majority, in a poll of economists, believes a status quo is in the offing for this RBI policy, however, some have pointed out a surprise in the form of rate cut from governor Shaktikanta Das and MPC members.

Budget 2019: What will stir Indian Rupee on the D-Day? Forex investors eye this major reform

Budget 2019: What will stir Indian Rupee on the D-Day? Forex investors eye this major reform

Wed, Jan 30, 2019

Currently, Indian Rupee has been trading between 71 - 72 level against US dollar benchmark index at interbank forex market.

Falling rupee attracts NRIs to invest in Indian real estate properties

Falling rupee attracts NRIs to invest in Indian real estate properties

Tue, Jan 29, 2019

The fact that the rupee value against dollar depreciated in 2018 was a sound reason for NRIs to view Indian real estate more favourably.

Rupee rises 19 paise to 70.98 vs USD in opening trade

Rupee rises 19 paise to 70.98 vs USD in opening trade

Mon, Jan 28, 2019

Forex dealers said, easing crude oil prices and selling of the American currency by exporters supported the rupee, while a lower opening in domestic equity market restricted the uptrend.

Rupee depreciates 26 paise against US dollar in early trade

Rupee depreciates 26 paise against US dollar in early trade

Mon, Jan 21, 2019

Forex dealers said the dollar's gains against some other currencies overseas too weighed on the rupee sentiment.

Rupee slips by 26 paise against US dollar on soaring crude oil prices

Rupee slips by 26 paise against US dollar on soaring crude oil prices

Mon, Jan 21, 2019

The rupee weakened by 26 paise to 71.45 against the US dollar in early trade Monday on increased demand for the American currency from importers.

Rupee falls below 71 levels, depriciates by over 10 paise

Rupee falls below 71 levels, depriciates by over 10 paise

Tue, Jan 15, 2019

The rupee depreciated by 10 paise and fell below the 71 per dollar mark in opening trade Tuesday amid strengthening greenback, sustained foreign fund outflows and surging crude oil prices.

Indian Rupee to hit all-time low vs US dollar again?

Indian Rupee to hit all-time low vs US dollar again?

Fri, Jan 11, 2019

Rupee recovered nearly 6% after touching a record low of 74.485 per dollar on October 11, but poll of more than 65 analysts between the period of January 2-8 showed that the rupee will weaken again.

Rupee rebounds 72 paise against US dollar

Rupee rebounds 72 paise against US dollar

Thu, Jan 10, 2019

Asked about the future trend that rupee may show in the Forex market Anindya Banerjee, Deputy Vice President, Kotak Securities had told Zee Business Online, "Technically, the Indian currency looks bearish as the government of India is unable to bridge the gap of Rs 20,000 crore that it failed to generate through GST revenue collection."

Rupee rebounds 14 paise against US dollar

Rupee rebounds 14 paise against US dollar

Thu, Jan 10, 2019

At the Interbank Foreign Exchange, the rupee opened weak at Rs 70.49, but soon appreciated to 70.32 against the greenback, up 14 paise over its previous closing price.

Rupee expected to weaken further, may touch 72 per Dollar levels

Rupee expected to weaken further, may touch 72 per Dollar levels

Wed, Jan 09, 2019

Asked about the future trend that rupee may show in the Forex market Anindya Banerjee, Deputy Vice President, Kotak Securities told Zee Business Online, "Technically, the Indian currency looks bearish as the government of India is unable to bridge the gap of Rs 20,000 crore that it failed to generate through GST revenue collection."

Rupee rebounds 7 paise against dollar in early trade

Rupee rebounds 7 paise against dollar in early trade

Wed, Jan 09, 2019

The unit was also boosted by a higher opening of the domestic equities market tracking positive cues from Asian stocks amid rising hopes of US and China striking a trade deal. US President Donald Trump, on Tuesday, said that talks with Beijing on a trade deal were going on "very well".

FPI outflow at Rs 83,000-cr in 2018 on crude price rise, rupee depreciation

FPI outflow at Rs 83,000-cr in 2018 on crude price rise, rupee depreciation

Sun, Jan 06, 2019

Foreign portfolio investors (FPIs) made a net withdrawal of about Rs 83,146 crore from the Indian markets in 2018. This comprises Rs 33,553 crore from equities and Rs 49,593 crore from the debt market, according to data available with depositories.

Rupee recovers 34 paise to 69.86 against US dollar in morning trade

Rupee recovers 34 paise to 69.86 against US dollar in morning trade

Fri, Jan 04, 2019

Forex traders said, the American currency lost some ground against major currencies overseas, while on the domestic front, the equity market staged a recovery and propped up the rupee.

Rupee's tumultuous year ends with 9 pc annual loss at 69.77 a dollar

Rupee's tumultuous year ends with 9 pc annual loss at 69.77 a dollar

Mon, Dec 31, 2018

The Indian rupee Monday signed off the last trading session of 2018 with 18 paise gains at 69.77 per dollar but clocked a 9.23 per cent fall during the year after witnessing its one of the tumultuous years in the recent past.

Elections, USD strength and oil price to determine rupee direction: Report

Elections, USD strength and oil price to determine rupee direction: Report

Sun, Dec 30, 2018

"In our assessment, consumer price inflation (CPI) is likely to average 4 per cent in 2019. Benign food inflation, positive base effects, recent correction in oil prices and INR stability is likely to keep inflationary pressures under check," it said.

RBI exploring mobile phone-based solution to help visually impaired identify banknotes

RBI exploring mobile phone-based solution to help visually impaired identify banknotes

Sun, Dec 30, 2018

In June, 2018 the Reserve Bank had announced that it will explore the feasibility of developing a suitable device or mechanism for aiding the visually impaired in the identification of Indian banknotes.

Rupee gains 30 paise against US dollar in opening trade amid fall in crude oil prices

Rupee gains 30 paise against US dollar in opening trade amid fall in crude oil prices

Fri, Dec 28, 2018

The rupee rose by 30 paise to 70.05 against the US currency in opening trade Friday.

Fake Rs 100 notes found in circulation within two months of release! Check if your's is original

Fake Rs 100 notes found in circulation within two months of release! Check if your's is original

Thu, Dec 27, 2018

As per the report, a property dealer identified as Sanjeev had sold his iPhone for Rs 90,000 to one youth named Javed Shamim. The buyer had paid 84,000 Rs 100 currency notes.

Rupee gains 8 paise against US dollar in early trade today

Rupee gains 8 paise against US dollar in early trade today

Mon, Dec 24, 2018

The rupee opened a shade lower at 70.19 a dollar against the previous close of 70.18 a dollar. It moved in a range of 70.21 to 70.12 a dollar in early trade before quoting at 70.10, showing a gain of 8 paise.

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