Page 18 - Rupee Vs Dollar

Rupee opens 21 paise higher against US dollar, slips later to 72.26

The domestic unit on Tuesday tumbled 99 paise to settle at 72.39. That marked its worst single-day fall since August 5 and the lowest closing level since November 13, 2018.

Rupee opens 23 paise higher against US dollar amid rise in crude oil prices

The domestic unit on Wednesday recovered from initial losses to settle higher by 5 paise at 71.66, extending gains for a fifth straight session.

Rupee opens at one-month high against US dollar amid positive global cues

The domestic unit on Thursday climbed 52 paise to end at 71.14 as signs of easing trade tensions between the US and China buoyed global markets.

Rupee opens 16 paise higher against US dollar

The domestic unit on Monday recovered from day's low levels to close flat at 70.94 on Monday helped by foreign fund inflows into equities and lower global crude oil prices.

Rupee opens 14 paise higher against US dollar amid rebound in oil prices

The domestic unit declined 31 paise to close at 70.87 on Monday amid rising demand for the greenback vis-a-vis other currencies overseas.

Rupee slips 8 paise vs US dollar in early trade amid drop in oil prices

The domestic unit on Friday closed almost flat at 70.88 against after the Reserve Bank of India (RBI) in a widely expected move cut key interest rates by 0.25 percentage point.

Rupee to average 64.3 against US dollar in FY18: UBS report

For the full year, the rupee could average 64.3 in 2017 -18 and 65.4 in 2018-19: UBS

Rupee recovers after touching five-mnth low, closes 5 paise higher at 65.26

Brent crude, an international benchmark, was trading near a four-year peak of $71.50 a barrel in early Asian trade

Rupee slumps 16 paise to near 1-week low amid fears of Fed rate hike

On the energy front, crude prices dropped, hit by rising supplies in the US and expectations that producer group OPEC could relax voluntary output cuts

Rupee depreciates 0.55% to near its lowest ever on China-US trade war

The Indian rupee closed at 68.63 a dollar, about 0.29 per cent away from its record low closing of 68.83 a dollar reached on 28 August 2013

Tough road ahead for bruised rupee amid trade war, political risks: Poll

The rupee hit 74 on the dollar on Wednesday after TV channels reported RBI Governor Urjit Patel may resign due to the spat with the govt

Reserve Bank may have bought breathing space for rupee as crude cools

The country's foreign-exchange reserves plunged $5.14 bn in the week ended October 12, the biggest drop in seven years

More trouble for rupee? Forecaster ING lowers year-end projection to 76.50

The rupee is highly correlated with oil prices, which are definitely moving higher, and that's going to make the current-account situation more difficult

Tough road ahead for govt as weak rupee pushes fuel prices to record high

Rising fuel costs may fan consumer prices and force the inflation-targeting RBI to add to its two interest rates hikes this year -- a decision that can be both unpopular as well as affect growth

Rupee opens well in early trade, bounces back 15 paise against US dollar

Rupee on Monday slumped to a record low of 72.67 a dollar in intra-day trade before closing at 72.45, showing a steep 72 paise fall on growing fears of contagion from an emerging-market rout

Falling rupee credit negative for India Inc, impact to be limited: Moody's

Impact of the rupee's weakening will be diverse and will also depend on issues such as a particular company's reliance on exports, its cost base, and its exposure to pricing on international markets

RBI should not sweat too much over the rupee's great fall: Here's why

The RBI and India's government, at present, are calm, which is a strong posture that must withstand the daily news, media pressure, lobbying and political taunting

Rupee to stabilise at 69/USD in FY19 on foreign inflows, fall in oil prices

FPI inflows have also resumed and should put an end to the $24.6 billion intervention by RBI

Analysts bullish on mid-cap IT stocks as valuations turn attractive

They also remain optimistic on the road ahead for the IT sector given the sharp fall in rupee's value against the US dollar.

Rupee opens 26 paise higher against US dollar amid firm global cues

The domestic unit on Wednesday gained 27 paise to settle at 72.12 in line with a recovery in domestic equities.