Indian Rupee

Rupee up 5 paise to 77.52 vs dollar amid firm trend in domestic equities

The dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.06 per cent higher at 101.92

Rupee starts session on flat note against US dollar in early trade

The rupee started the session on a flat note against the US dollar on Tuesday amid a lacklustre trend in the domestic equity markets and persistent foreign capital outflows.

Rupee advances 7 paise to 77.49 against US dollar in early trade

The rupee appreciated 7 paise to 77.49 against the US dollar in opening trade on Friday as crude oil prices retreated from the elevated levels.

Rupee recovers from record lows to end 15 paise higher at 77.55 to dollar

Rupee recovered from record lows and settled 15 paise higher at 77.55 (provisional) against the US dollar on Monday, supported by a weak greenback overseas. At the interbank forex market, the domestic unit opened at 77.69 against the US dollar. It moved in a range of 77.51 to 77.69 during the session. The rupee finally snapped its three-session losing streak and closed at 77.55, registering a rise of 15 paise over its previous close. On Friday, the rupee had settled at a record low of 77.70 against the American currency. According Gaurang Somaiya, Forex & Bullion Analyst, Motilal Oswal Financial Services, rupee continued to consolidate and volatility remained confined to a narrow range despite choppiness in domestic equities. "Today volatility for the dollar could remain low as no major economic data is expected to be released from the US. We expect the USD-INR (Spot) to trade sideways and quote in the range of 77.20 and 77.80," Somaiya added. However, unabated foreign fund ...

Top Headlines: Metro AG eyes India exit; CIL's slow growth, and more

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Rupee slips to fresh low against dollar for fourth straight trading session

The rupee opened weaker at 77.70/$ as compared to Wednesday's close of 77.58/$ and traded in a narrow range amid intervention from the central bank

RBI allows settlement of trade transactions with Sri Lanka in Indian rupee

Sri Lanka is facing its worst economic crisis since gaining independence from Britain in 1948

Rupee extends losses, declines 12 paise to 77.74 against US dollar

The rupee extended its losses and slipped 12 paise to 77.74 against the US dollar in early trade on Thursday, weighed down by a muted trend in domestic equities and unabated foreign fund outflows.

Rupee slips to fresh all-time low in 3rd straight session, closes 77.58/$

Dealers said major gains for the dollar were capped as the Reserve Bank of India is believed to have protected the 77.50 levels

Rupee skids 17 paise to record low of 77.61 against the US Dollar

The rupee declined by 17 paise to close at its fresh lifetime low of 77.61 against the US dollar amid foreign fund outflows and concerns over aggressive rate hikes by the US Federal Reserve

Rupee falls 16 paise to record low of 77.60 against the US Dollar

The rupee on Wednesday declined by 16 paise to close at its fresh lifetime low of 77.60 against the US dollar amid unabated foreign fund outflows and a stronger greenback in overseas markets. At the interbank foreign exchange market, the rupee opened lower at 77.57 and later hit the day's low of 77.61 as the dollar rebounded in global markets following hawkish comments from US Federal Reserve chief Jerome Powell. Crude oil prices also surged over 1 per cent, which weighed on the rupee. The local unit finally ended at its all-time low of 77.60, showing a loss of 16 paise over its previous close of 77.44. "The dollar index took support near 103.50 and the capital market witnessed profit booking from higher levels, sending rupee into weakness," said Jateen Trivedi, VP Research Analyst at LKP Securities. The US Fed chief asserted that the central bank would increase interest rates as high as needed to contain a spike in inflation which threatens the foundation of the economy. The dol

Rupee slips 6 paise to 77.50 against US dollar in opening trade

The rupee depreciated 6 paise to 77.50 against the US dollar in the opening trade on Wednesday as persistent foreign fund outflows weighed on investor sentiment.

Top headlines: Weakening rupee, LIC may exit Ambuja Cements, ACC and more

Business Standard brings you top headlines on Wednesday

A weak rupee spells more trouble for consumer durables companies

The first of a four-part series looks at its impact on consumer durables

RBI's multiple battles

It should not defend currency to contain inflation

RBI turns net seller of US currency in March to defend rupee; sells $20 bn

Reserve Bank of India turned net seller of the US currency in March after it sold $ 20.101 billion on a net basis in the spot market, according to RBI's monthly bulletin for May 2022.

Rupee recovers from record low, ends 7 paise higher at 77.47 to a dollar

The rupee on Tuesday recovered from its all-time intra day low of 77.79 to close higher by 7 paise on a stellar rally in domestic stock markets.

Indian rupee off record lows on RBI intervention; bond yields rise

The partially convertible rupee was trading at 77.63/64 per dollar by 0805 GMT compared with its close of 77.45 on Friday. The rupee touched a record low of 77.7975 during the session.

Govt must cut import duty rates to combat inflation

Our government need not merely wait for the global commodity prices to drop but take active measures to supplement the actions of the monetary authorities

Weak rupee to make imports costly for metal firms, exports may get a push

According to CRISIL Research, India imported close to 57-59 million tonnes of coking coal - a key input for steelmaking - worth Rs 1 trillion in fiscal 2022