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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 falls 54 paise, touches 71 level against US dollar

Rupee falls 54 paise, touches 71 level against US dollar

Thu, Dec 06, 2018

The rupee depreciated by 54 paise and hit the 71 per dollar mark in early trade Thursday amid strengthening American currency and weak opening in the domestic equity market.

RBI Monetary Policy: Good news! Rupee strengthens; this is how status quo will help Indian currency

RBI Monetary Policy: Good news! Rupee strengthens; this is how status quo will help Indian currency

Wed, Dec 05, 2018

As expected the Reserve Bank of India today decided to keep policy repo rate unchanged at 6.50%.

More trouble ahead for bruised Indian rupee: Poll

More trouble ahead for bruised Indian rupee: Poll

Wed, Dec 05, 2018

While a sharp drop in oil prices should help the slowing economy and the rupee, concerns will also persist over sluggish domestic demand which weighed more heavily on July-September growth than expected.

New investing trend grabs imaginations in India! Investors bet big money on it

New investing trend grabs imaginations in India! Investors bet big money on it

Tue, Dec 04, 2018

Non-financial data is turning key for investors, shows a recent trend and investors are actually putting it to use by betting their money on it. Besides this, finance teams need to manage this information with same rigour and assurance as financial information, said an EY survey.

Sensex up 251 pts, soars despite disappointing GDP numbers; Bloodbath in Sun Pharma shares, emerges top loser

Sensex up 251 pts, soars despite disappointing GDP numbers; Bloodbath in Sun Pharma shares, emerges top loser

Mon, Dec 03, 2018

The performance of markets comes after India's Gross Domestic Product (GDP) numbers for second fiscal of FY19 (Q2FY19), which was disappointing, as India's economy grew at 7.1 per cent in July-September, which is the lowest in three quarters.

Rupee falls 50 paise to 70.08 against US dollar in early trade

Rupee falls 50 paise to 70.08 against US dollar in early trade

Mon, Dec 03, 2018

The rupee depreciated by 50 paise to 70.08 against the US dollar in early trade Monday at the interbank foreign exchange amid strengthening of the US dollar against some currencies overseas.

RBI likely to keep interest rate unchanged on December 5

RBI likely to keep interest rate unchanged on December 5

Sun, Dec 02, 2018

Since the previous policy announcement, rupee has appreciated against the US dollar and moved above the psychologically crucial mark of 70.

Sensex, Nifty soar ahead of GDP numbers; Did Yes Bank just stir investor sentiments up? Shares up 6%

Sensex, Nifty soar ahead of GDP numbers; Did Yes Bank just stir investor sentiments up? Shares up 6%

Fri, Nov 30, 2018

In market opening session, the Sensex opened at 36,272.52 up by 102.11 points or 0.28% at around 09:15 hrs. Also, positive global markets, decline in crude oil prices and stable rupee added to the domestic market sentiments.

Sensex clocks 36,000-mark, Nifty shines at over 10,800-level; Yes Bank sees all-time low, Indian Rupee strengthens

Sensex clocks 36,000-mark, Nifty shines at over 10,800-level; Yes Bank sees all-time low, Indian Rupee strengthens

Thu, Nov 29, 2018

Stock markets were shining for the second consecutive day today, as Sensex jumped nearly 300 points, charging past the 36,000-mark. At around 0945 hours, the benchmark Sensex was trading at Rs 36,0117.15, up by 300.20 points or 0.84%.

Sensex up 200 pts, Nifty 50 eyes 10800-mark; Yes Bank loses more of its shine post Moody's blast

Sensex up 200 pts, Nifty 50 eyes 10800-mark; Yes Bank loses more of its shine post Moody's blast

Wed, Nov 28, 2018

It needs to be noted that, apart from global peers, crude oil prices, rupee and Q2FY19 corporate performance, the Indian markets will also react on the back of India's GDP numbers which will be presented this Friday for Q2FY19.

PaiSA - Portal for affordable credit and interest subvention access launched

PaiSA - Portal for affordable credit and interest subvention access launched

Tue, Nov 27, 2018

The Ministry of Housing and Urban Affairs on Monday launched 'PaiSA'' - a centralised electronic platform for processing interest subvention on bank loans to beneficiaries under Deendayal Antyodaya Yojana - National Urban Livelihoods Mission (DAY-NULM).

Rupee breaks 7-day winning run, down 18 paise at 70.87 a dollar

Rupee breaks 7-day winning run, down 18 paise at 70.87 a dollar

Mon, Nov 26, 2018

Snapping its seven-day rising streak, the rupee Monday fell by 18 paise to close at 70.87 against the US dollar amid softening crude oil prices. The domestic currency had gained a healthy 220 paise in the last seven trading sessions.

Global cues, rupee, oil to dictate market trend: Experts

Global cues, rupee, oil to dictate market trend: Experts

Sun, Nov 25, 2018

"The major event for the Indian equity market would be the GDP data that is eyed at the end of this month along with expiry. The numbers would certainly give a medium-term directional view for broader indices and decide the breadth for coming months.

Rupee rises 35 paise to 71.11 against US dollar

Rupee rises 35 paise to 71.11 against US dollar

Thu, Nov 22, 2018

Rising for the seventh straight day, the rupee strengthened by 35 paise to 71.11 against the US dollar in early trade Thursday on the back of falling crude oil prices.

Rupee, bonds rise after RBI board meeting

Rupee, bonds rise after RBI board meeting

Tue, Nov 20, 2018

The Indian rupee rose to as much as 71.36 to the dollar, its highest since Sept. 4 from its previous close of 71.65 while the benchmark 10-year bond yield fell to 7.76 percent from Monday`s close of 7.79 percent.

Rupee sheds 9 paise against US dollar

Rupee sheds 9 paise against US dollar

Mon, Nov 19, 2018

However, weakness in the US dollar against some currencies in global market and a higher opening of the domestic equity markets limited the rupee fall ahead of Reserve Bank of India's board meet, dealers said.

Rupee gains to be limited despite lower crude prices

Rupee gains to be limited despite lower crude prices

Mon, Nov 19, 2018

The recent gains of the rupee against the US dollar suggest that the worst for the local currency might be over but any significant appreciation from the current 72 levels will have to overcome the approaching political uncertainty.

Government is not eyeing RBI's surplus reserves: Gurumurthy

Government is not eyeing RBI's surplus reserves: Gurumurthy

Fri, Nov 16, 2018

"You can`t say dollar has appreciated this much and give me that money. The government is not asking for that. As per my understanding, the government is only asking for formulation of a policy as to how much reserves the central bank must have," he said while delivering a lecture at the Vivekananda International Foundation (VIF) here.

Rupee open: Indian currency rises 10 paise against US dollar to 71.87

Rupee open: Indian currency rises 10 paise against US dollar to 71.87

Fri, Nov 16, 2018

The rupee firmed 10 paise to 71.87 against the US dollar Friday on increased selling of the US currency by exporters and banks.

Indian rupee recovers 22 points to close at 72.67 against US dollar on easing crude prices, positive macroeconomic data

Indian rupee recovers 22 points to close at 72.67 against US dollar on easing crude prices, positive macroeconomic data

Tue, Nov 13, 2018

At the Interbank forex market, the domestic unit opened with strength at 72.81 and advanced to a high of 72.51 in day trade. Rupee finally settled at 72.67, showing a gain of 22 paise or 0.30 per cent over the last close.

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