Page 7 - Indian Rupee

Rupee gains 10 paise to 74.59 against US dollar in early trade

However, the surge in the rupee was restricted amid elevated crude oil prices and muted domestic equities.

India's proposed digital rupee needs more thought and less haste

One gain from the asset will be for Indians working abroad, sending money home will become simpler and cheaper.

Rupee surges 18 paise to close at 74.70 against US dollar

The rupee surged 18 paise to close at 74.70 (provisional) against the US dollar on Friday tracking the weakness of the American currency in the overseas market.

Rupee slips 5 paise to close at 74.88 against US dollar on muted equities

The rupee declined 5 paise to close at 74.88 (provisional) against the US dollar on Thursday, weighed down by the strength of the American currency and muted domestic equities.

Indian rupee slips 8 paise to 74.91 against US dollar in early trade

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose by 0.10 per cent to 96.03.

Rupee reverses gains, trading 22 paise lower at 74.87 post Budget speech

Investors were cautious after Finance Minister Nirmala Sitharaman on Tuesday said that the fiscal deficit in 2021-22 will be 6.9 per cent of GDP and 6.4 per cent in 2022-23, forex traders said

Rupee snaps losing streak, rises 5 paise to close at 75.04 against dollar

The rupee snapped its three-day losing streak to close 5 paise higher at 75.04 (provisional) against the US dollar on Friday amid expectation of better dollar inflows from upcoming IPOs. However, the rebound in the rupee was restricted amid weakness in domestic equities, analysts said. Forex traders said geopolitical tensions, elevated crude oil prices and hawkish US Fed stance also weighed on the local unit. At the interbank foreign exchange market, the rupee opened at 75.12 a dollar and witnessed an intra-day high of 74.88 and a low of 75.13. The domestic unit finally settled at 75.04 (provisional) against the American currency, up 5 paise over its last close of 75.09. Meanwhile, the US dollar index, which measures the greenback's strength against the basket of six currencies, rose 0.11 per cent to 97.35. "The Indian rupee managed to stabilise after sharp sell-off in the last three days and retraced from one-month low on expectation of better dollar inflows from upcoming IPOs a

Rupee slumps 30 paise to 75.08 against US dollar after hawkish Fed stance

Registering its third straight session of loss, the Indian rupee on Thursday depreciated by 30 paise to close at 75.08 (provisional) against the US dollar

Rupee falls by 16 paise to close at 74.76 against US dollar

The rupee on Tuesday depreciated by 16 paise to close at 74.76 (provisional) against the US dollar due to month-end dollar demand from oil importers and a stronger dollar in overseas markets.

Rupee slips 7 paise to 74.67 against US dollar in early trade

Forex traders said geopolitical tensions, sustained foreign fund outflows and elevated crude oil prices also dragged down the local unit

Rupee falls 9 paise to 74.52 against US dollar in early trade

Forex traders said the Indian rupee is trading in a narrow range ahead of the US Federal Reserve meeting later this week.

Rupee rises 8 paise to close at 74.43 against US dollar on easing oil price

The rupee advanced by 8 paise to close at 74.43 (provisional) against the US dollar on Friday on the back of easing crude oil prices and dollar selling by banks and exporters.

Rupee slips 7 paise to close at 74.51 against dollar on weak market trend

The rupee on Thursday slipped 7 paise to close at 74.51 (provisional) against the US dollar, tracking a lacklustre trend in the domestic equity market.

Rupee snaps 3-day losing streak, settles 14 paise higher at 74.44

The rupee snapped its 3-day losing streak to settle 14 paise higher at 74.44 (provisional) against the US dollar on Wednesday

Rupee continues to fall for 3rd day, slumps 33 paise to close at 74.58

Continuing its fall for the third consecutive session, the rupee on Tuesday slumped 33 paise to close at 74.58 (provisional) against the US dollar

Rupee slumps 25 paise to close at 74.15 against dollar over muted equities

The rupee on Friday slumped 25 paise to close at 74.15 (provisional) against the US dollar, as muted domestic equities and elevated crude oil prices weighed on investor sentiments.

Rupee gains on jobs data, bond prices down on rate hike agenda

The rupee strengthened to its two-month high, as dollars pertaining to bonds raised by Reliance Industries (RIL) continued to pour into the country alongside some inflows into Indian equities

Rupee settles 3 paise up at 74.26/USD in first trading session of 2022

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, advanced 0.11 per cent to 95.77

RBI eased grip on bond and rupee in 2021, managing multiple objectives

Bonds would rally in both instances, and therefore, it could turn out to be a good year for Indian bonds

Rupee ends 2021 on positive note; settles 13 paise higher against US dollar

Meanwhile, the dollar index, which measures the greenback's strength against the basket of six currencies, fell 0.04 per cent to 95.92