Indian Rupee
Rupee inches 6 paise higher to 73.46 against US dollar
Forex traders said the broad weakness of the American currency in the overseas market and sustained foreign fund inflows supported the local unit, while firm crude oil prices restricted the gains.
Rupee slips 4 paise to close at 73.68 against US dollar
At the interbank foreign exchange market, the local currency opened at 73.77. It touched an intra-day high of 73.61 and a low of 73.78 during the day.
Rupee rebounds 23 paise to close at 73.64 against US dollar
At the interbank forex market, the local unit opened flat at 73.85 against the greenback. During the session, the domestic unit witnessed an intra-day high of 73.61 and finally settled at 73.64.
Rupee slumps 26 paise to close at 73.87 against US dollar
At the interbank foreign exchange market, the local currency opened at 73.70 and witnessed an intra-day high of 73.66 and a low of 73.93 against the US dollar in day trade.
Rupee recovers 13 paise to close at 73.61 against US dollar
At the interbank forex market, the local unit opened flat at 73.74 against the greenback. During the session, the domestic unit witnessed an intra-day high of 73.58 and finally settled at 73.61.
Top forecaster sees Indian rupee’s wild ride coming to an end
Rising imports amid a recovery in India’s economic growth and higher commodity prices threaten to return the nation’s current-account to deficit, and may boost demand for the greenback. Yet, higher foreign inflows and the prospect of the Reserve Bank of India moving to control inflation may help control the rupee’s volatility.
Cross Currency | Decoupling of forex and equity markets, rare but not impossible!
The broader gains in equities have not been able to lift the Indian rupee higher. Nifty has been a clear outperformer, rising by almost 13 per cent from June 1, 2021 to date. Antithetical to this, the rupee has depreciated 0.80 per cent.
Rupee falls 18 paise to 73.68 against US dollar
At the interbank foreign exchange, the rupee opened at 73.63 against the dollar, then fell to 73.68, registering a decline of 18 paise from the last close.
Cross Currency | Why the rupee is on a roller coaster ride
For the coming week, a muted start can be expected in USDINR and it is likely to move in the range of 73.30 – 74.20 levels with an upward bias. Last but not least expect the USD-INR pair to embrace more volatility in the days ahead.
India's bond index inclusion may draw $250 bn inflows
The index inclusion will likely attract US$170/250 billion in bond inflows in the next decade in our base and bull case scenario, Morgan Stanley said.
Rupee rises 6 paise to 73.02 against US dollar
At the interbank foreign exchange, the rupee opened at 73.04 against the dollar, then surged higher to 73.02, up 6 paise over its previous close.
Rupee gains on buzz over Fed bond plan
“Jerome, Jackson, Jobs and Jabs continue to drive the markets," said Kunal Sodhani, Associate VP – global trading centre at Shinhan Bank India.
Rupee inches 2 paise higher to close at 74.22 against US dollar
At the interbank forex market, the local unit opened at 74.22 against the greenback and moved in a range of 74.11 to 74.27 in the day trade.
Bearish bets soften on Asian forex as US dollar eases
Investors unwound their bearish bets on the Indian rupee to be slightly bullish for the first time since mid-June, with the currency appreciating 0.2% in August after vaccination programs were ramped up and the central bank continued its monetary policy support.
Rupee inches 4 paise higher to 74.39 against US dollar
At the interbank foreign exchange, the rupee opened at 74.43 against the dollar, then inched 4 paise higher to 74.39. On Tuesday, the rupee had settled at 74.43 against the US dollar.
Rupee inches 2 paise higher at 74.27 against US dollar
At the interbank foreign exchange, the domestic unit opened at 74.30 against the dollar, then inched higher to 74.27, registering a gain of 2 paise over its previous close.
Indian rupee hits 8-month low as virus cases skyrocket
The rupee weakened as much as 0.5 per cent to 75.138, its lowest since August last year, before recovering to 74.870, as record cases and a possible lockdown in the western state of Maharashtra, home to Mumbai, hurt sentiment.
Indian rupee at three-week low on dollar rally; RBI buying suspected
The partially convertible rupee was trading at 73.19/20 per dollar, its weakest since March 9, compared with its previous close of 72.51 per dollar.
Rupee snaps 3-day winning streak, drops by 10 paise to 74.59/USD
At the interbank foreign exchange market, the domestic currency opened at 74.57 against the American currency, and slipped further to close at 74.59, registering a decline of 10 paise over its previous close.
Rupee recovers by 7 paise to settle at 74.64 against US dollar
At the interbank foreign exchange market, the rupee opened strong at 74.68 per dollar. It hovered in a range of 74.57 to 74.68 during the session before ending at 74.64 against the greenback, a gain of 7 paise over its last close.
Rupee slips by 5 paise to 74.37 against US dollar
At the interbank foreign exchange, the rupee opened at 74.37 against the dollar, registering a fall of 5 paise over its previous close.
Rupee slips by 5 paise to 74.28 against US dollar
At the interbank foreign exchange, the rupee opened at 74.23 against the dollar, then fell further to 74.28, registering a fall of 5 paise over its previous close.
Rupee slips by 7 paise to 74.26 against US dollar
At the interbank foreign exchange, the rupee opened lower at 74.26 against the dollar, registering a fall of 7 paise over its previous close.
Rupee falls by 6 paise to 74.26 against US dollar
At the interbank foreign exchange, the rupee opened lower at 74.24 against the dollar, then fell further to 74.26, registering a fall of 6 paise over its previous close.
Rupee edges higher by 4 paise to 74.14 against US dollar
At the interbank foreign exchange, the domestic unit opened at 74.15 against the dollar, then inched higher to 74.14, registering a gain of 4 paise over its previous close. The local unit also witnessed a low of 74.19 in initial deals.
Rupee rises by 9 paise to 74.18 against US dollar
At the interbank foreign exchange, the domestic unit opened at 74.20 against the dollar, then inched higher to 74.18, registering a gain of 9 paise over its previous close.
Indian rupee hits 9-month low on growth worries; bonds await buyback results
The partially convertible rupee was at 75.14/15 per dollar, as of 0710 GMT, after touching 75.32, its lowest since July 15 last year. The rupee had ended at 75.06 on Monday.
Rupee surges by 12 paise to 74.25 against US dollar
At the interbank foreign exchange, the domestic unit opened at 74.26 against the dollar, then inched higher to 74.25, registering a gain of 12 paise over its previous close.
Rupee falls by 10 paise to 74.20 against US dollar
At the interbank foreign exchange, the rupee opened lower at 74.18 against the dollar, then fell further to 74.20, registering a fall of 10 paise over its previous close.
Indian rupee remained among better performing Asian currencies in 2020: Thakur
Minister for State for Finance Anurag Thakur said India enforced one of the most stringent lockdowns during April-June, 2020, compared to other key Asian countries and the contraction in gross domestic product (GDP) is consistent with the effect of the stringent lockdown.
Rupee falls by 34 paise to 74.20 against US dollar
At the interbank foreign exchange, the rupee opened lower at 74.20 against the dollar, registering a fall of 34 paise over its previous close.
Rupee falls by 15 paise to 74.23 against US dollar
At the interbank foreign exchange, the rupee opened lower at 74.10 against the dollar and lost further ground to touch 74.23, registering a fall of 15 paise over its previous close. On Thursday, the rupee had settled at 74.08 against the US dollar.
Rupee falls by 33 paise to 73.65 against US dollar
At the interbank foreign exchange, the domestic unit opened at 73.65 against the dollar, registering a decline of 33 paise over its previous close.
Rupee rises by 5 paise to 73.26 against US dollar
At the interbank foreign exchange, the domestic unit opened at 73.29 against the dollar, then inched higher to quote 73.26, a rise of 5 paise over its previous close of 73.31 on Tuesday.
Rupee climbs 13 paise to 73.16 against US dollar
At the interbank foreign exchange, the domestic unit opened at 73.20 against the dollar, then inched higher to 73.16, registering a gain of 13 paise over its previous close.
Rupee slips by 14 paise to 73.21 against US dollar
At the interbank foreign exchange, the domestic unit opened at 73.21 against the dollar, registering a decline of 14 paise over its previous close.
India's forex kitty crosses $600 billion for the first time
The increase in foreign kitty in the reporting week was mainly on the back of a rise in the value of foreign currency assets (FCA) held by the central bank even as the value of gold reserves held by RBI fell.
Rupee rises by 3 paise to 72.94 against US dollar
At the interbank foreign exchange, the domestic unit opened at 72.96 against the dollar, then inched higher to 72.94, registering a gain of 3 paise over its previous close. The rupee also touched 72.98 against the American currency in initial deals.
Rupee falls by 9 paise to 72.89 against US dollar
At the interbank forex market, the local unit opened slightly up at 72.78 against the greenback and witnessed an intra-day high of 72.76 and a low of 72.90.
Rupee rises by 3 paise against US dollar
At the interbank foreign exchange, the rupee opened at 72.78 against the dollar and inched up to touch 72.77 in early deals, registering a rise of 3 paise over its previous close.
Rupee falls by 9 paise to 73.18 against US dollar
At the interbank foreign exchange, the domestic unit opened lower at 73.17 against the dollar, and lost further ground and touched 73.18, registering a fall of 9 paise over its previous close.
Will gains in Indian rupee last?
In the middle of a pandemic, the rupee has moved past the 73 mark to hit a six-month high against the dollar. And that's not it, analysts are expecting it to rise further. But what's behind this swift movement in the domestic currency? And why isn't RBI interfering to rein in the rupee this time around?Will gains in Indian rupee last?
Rupee falls for 2nd day, declines by 28 paise to 72.90 against US dollar
The rupee opened on a marginally positive note at 72.57 per dollar as against its previous close of 72.62 at the interbank foreign exchange market. It hovered in the range of 72.54 to 72.94 per dollar during the day before ending at 72.90.
Rupee rises by 8 paise to 72.54 against US dollar
At the interbank foreign exchange, the domestic unit opened at 72.57 against the dollar, then inched higher to 72.54, registering a gain of 8 paise over its previous close.
A surging US dollar to hit Indian rupee
The rupee is likely to edge lower against the US dollar as traders are likely to buy the latter after a clear mandate in the US presidential election eliminated political and fiscal uncertainty in that country.
Rupee rises by 18 paise to 72.42 against US dollar
At the interbank foreign exchange, the domestic unit opened at 72.46 against the dollar, then inched higher to 72.42, registering a gain of 18 paise over its previous close.
Rupee surges 17 paise to close at 72.60 against US dollar
At the interbank forex market, the local unit opened at 72.75 against the greenback and witnessed an intra-day high of 72.53 and a low of 72.76.
Rupee inches higher by 4 paise to 72.73 against US dollar
At the interbank foreign exchange, the domestic unit opened at 72.75 against the dollar, then inched higher to 72.73, registering a gain of 4 paise over its previous close.
What's behind the rebound in rupee?
"It is more about dollar weakening rather than rupee strengthening."
Forex market to remain closed for Buddha Purnima
On Tuesday, the rupee strengthened by 19 paise to end at 72.77 (provisional) against the US dollar, tracking weakness in the American currency in the overseas market.
Indian rupee opens 5 paise lower against US dollar
The dollar index rose 0.1 per cent to 90.561, extending its gain for the week to 0.7 per cent, but is still on track for a more than 6 per cent decline this year.
Rupee rises by 15 paise to 72.97 against US dollar
At the interbank foreign exchange, the domestic unit opened at 72.98 against the dollar, then inched higher to 72.97, registering a gain of 15 paise over its previous close.
Rupee rises by 3 paise to 73.15 against US dollar
At the interbank foreign exchange, the domestic unit opened at 73.16 against the dollar, then inched higher to 73.15, registering a gain of 3 paise over its previous close.
Rupee rises by 8 paise to 72.97 against US dollar
At the interbank foreign exchange, the domestic unit opened on a flat note at 73.02 against the dollar, then inched higher and touched 72.97, registering a rise of 8 paise over its previous close.
Rupee rises by 7 paise to 73.15 against US dollar
At the interbank foreign exchange, the domestic unit opened at 73.18 against the dollar, then inched 7 paise higher against its previous close to 73.15 against the American currency.
Rupee rises by 5 paise to 73.24 against US dollar
At the interbank foreign exchange, the domestic unit opened on a flat note at 73.24 against the dollar, registering a rise of 5 paise over its previous close.
Indian rupee trades 3 paise higher against the US dollar
The rupee opened at 73.80 against the US dollar, 1 paise lower from the previous close of 73.79. At 10:10 am, it was up 3 paise at 73.76 against the US dollar.
Rupee rises by 6 paise to 73.36 against US dollar
At the interbank foreign exchange, the domestic unit opened at 73.41 against the dollar, then inched 6 paise higher to 73.36 against the American currency.
Rupee falls 17 paise to 73.51 against US dollar
At the interbank foreign exchange, the domestic unit opened lower at 73.51 against the dollar, registering a fall of 17 paise over its previous close.
Rupee falls by 18 paise to 73.53 against US dollar
At the interbank foreign exchange, the domestic unit opened lower at 73.47 against the dollar, and lost further ground and touched 73.53, registering a fall of 18 paise over its previous close.
Rupee rallies 18 paise to 73.33 against US dollar
At the interbank forex market, the local unit opened at 73.34 against the US dollar, then inched higher to 73.33, reflecting a rise of 18 paise over its last close. The local unit also touched a low of 73.41 in initial deals.
Rupee gains for 2nd straight day; settles 27 paise higher at 73.51 against dollar
At the interbank forex market, the rupee opened at 73.62 and hit an intra-day high of 73.50 and a low of 73.76. The local unit finally settled at 73.51, registering a gain of 27 paise over its previous close.
Rupee rises 18 paise to 73.60 against US dollar
At the interbank forex market, the local unit opened at 73.62 against the US dollar, then inched higher to 73.60, reflecting a rise of 18 paise over its last close. The local unit also touched a low of 73.68 in initial deals.
Rupee rises 7 paise to 73.84 against US dollar
At the interbank forex market, the local unit opened at 73.87 against the US dollar, then inched higher to 73.84, reflecting a rise of 7 paise over its last close. The local unit also touched a low of 73.98 in initial deals.
Rupee trades flat against US dollar
At the interbank forex market, the domestic unit opened at 74.03 against the US dollar and inched lower to 74.12 against the greenback, registering a fall of 5 paise over its previous close.
Rupee recovers 28 paise to close at 74.73 against US dollar
It finally ended at 74.73 against the American currency, registering a rise of 28 paise over its previous closing. On Friday, the rupee had settled at 75.01 against the American currency.
Is India ready for digital rupee?
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Rupee closes 6 paise lower at 74.94 against US dollar as COVID cases spike
At the interbank forex market, the local unit opened at 75.25 against the greenback and traded in the range of 74.82 to 75.26 during the day.
Rupee slips below 75/US dollar level
At the interbank foreign exchange, the rupee opened at 75.25 then lost further ground and fell to 75.26 against the US dollar, showing a decline of 38 paise over its previous closing.
Indian rupee opens 10 paise lower against the US dollar
On Monday, the Rupee fell to the lowest level in a month following broad based strength in the dollar against its major crosses. Dollar gained on the back of safe haven buying as the number of Covid cases started to increase in the US and the EU.
Rupee slips to end at 74.88 against US dollar on Covid worries
At the interbank forex market, the domestic unit opened at 74.65 against the US dollar, but lost ground to close at 74.88 against the US dollar.
Rupee rises 23 paise to 74.64 against US dollar
At the interbank forex market, the local unit opened at 74.65 against the US dollar, then gained some strength to quote at 74.64, a rise of 23 paise over its last close.
Rupee closes 52 paise lower at 74.87 against US dollar
The rupee finally ended at 74.87 against the American currency, registering a fall of 52 paise over its previous close. On Friday, the rupee had settled at 74.35 a dollar.
Rupee slumps by 52 paise to 74.87 against US dollar
At the interbank forex market, the domestic unit opened at 74.80 against the US dollar, then fell further to 74.87, registering a fall of 52 paise over its previous close.
Rupee zooms 58 paise to settle at 74.35 against US dollar
At the interbank forex market, the local unit opened at 74.76 against the greenback and witnessed an intra-day high of 74.28 and a low of 74.76.
Rupee surges 23 paise to 74.70 against US dollar
At the interbank forex market, the local unit opened at 74.76 against the US dollar and then inched higher to 74.70 against the greenback, registering a rise of 23 paise over its previous close.
Rupee gains 12 paise to close at 74.93 against US dollar
At the interbank forex market, the rupee opened weak at 75.19, but recovered lost ground and finished 12 paise higher over its last close of 75.05.
Rupee goes from Asia’s best to worst in two weeks on Covid
The rupee weakened past 75 per dollar for the first time in eight months this week. Federal Bank Ltd. expects it to fall further to 76 by year-end.
Rupee slips for 6th straight session, ends 32 paise down at 75.05/$
At the interbank forex market, the local unit opened at 74.97 against the greenback and traded in the range of 74.78 to 75.14 during the day.
Rupee slips below 75/$ level ahead of key macro data
At the interbank foreign exchange, the rupee opened at 74.97 then lost further ground and fell to 75.14 against the US dollar, showing a decline of 41 paise over its previous closing.
Rupee slips for 5th straight session, down 15 paise at 74.73 against USD
At the interbank forex market, the local unit opened at 74.75 against the greenback and traded in the range of 74.53 to 74.96 during the day.
Rupee slips 17 paise to 74.75 against US dollar
At the interbank forex market, the domestic unit opened at 74.75 against the US dollar, registering a fall of 17 paise over its previous close.
Rupee slips for 4th straight session, down 11 paise at 74.58 against USD
At the interbank forex market, the local unit opened at 74.38 against the greenback and traded in the range of 74.19 to 74.93 during the day.
Rupee jumps 10 paise to 74.37 against US dollar
At the interbank forex market, the local unit opened at 74.38 against the US dollar, then inched higher to 74.37 against the greenback, registering a rise of 10 paise over its previous close of 74.47.
Rupee plummets 105 paise to close at 74.47 against US dollar
The rupee ended at 74.47 against the American currency, registering a fall of 105 paise over its previous closing of 73.42.
Rupee slumps to 4-month low of 74.16 against dollar
At the interbank forex market, the domestic unit opened at 73.52 against the US dollar, then fell further to 74.16, registering a fall of 75 paise over its previous close.
Rupee falls by 12 paise to close at 73.42 against US dollar
At the interbank forex market, the local unit opened at 73.22 against the greenback and traded in the range of 73.20 to 73.42 during the day.
Rupee gains 10 paise to 73.20 against US dollar
At the interbank forex market, the local unit opened at 73.22 against the US dollar, then inched higher to 73.20 against the greenback, registering a rise of 10 paise over its previous close.
Rupee falls by 18 paise to close at 73.30 against US dollar
At the interbank forex market, the local unit opened at 73.38 against the greenback and traded in the range of 73.28 to 73.45 during the day.
Rupee slumps 31 paise to 73.43 against USD amid concerns over rising Covid-19 cases
At the interbank forex market, the domestic unit opened at 73.38 against the US dollar, then fell further to 73.43, registering a decline of 31 paise over its previous close.
Rupee settles 26 paise higher at 73.12 against US dollar; logs over 3% gain in FY21
At the interbank forex market, the local unit opened at 73.56 against the greenback and witnessed an intra-day high of 73.05 and a low of 73.58.
Rupee falls 20 paise to 73.58 against US dollar
At the interbank forex market, the domestic unit opened at 73.56 against the US dollar, then fell further to 73.58, registering a fall of 20 paise over its previous close.
Rupee snaps 3-day losing streak, settles 11 paise higher at 72.51 against US dollar
At the interbank forex market, the local unit opened at 72.51 against the greenback and witnessed an intra-day high of 72.37 and a low of 72.53.
Rupee slips 31 paise to 75.89 against US dollar
The local unit opened at 75.85, then lost further ground and fell to 75.89 against the US dollar, down 31 paise over its previous close.
Rupee drops 7 paise to end at 72.62 against USD
At the interbank forex market, the rupee opened lower at 72.68 a dollar, but recouped some of its losses during the session to close at 72.62, still down by 7 paise.
Rupee widens loss by 7 paise to 72.62 against USD
At the interbank forex market, the rupee opened significantly lower at 72.68 a dollar, but recouped some of its losses as the morning trade progressed.
Rupee slips 12 paise to close at 72.55 against US dollar
At the interbank forex market, the domestic unit opened weak at 72.51 against the US dollar. During the session, it swung between a high of 72.51 and a low of 72.69.
Rupee falls 10 paise against US dollar
At the interbank forex market, the local unit opened weak at 72.51 against the US dollar and lost some more ground to quote at 72.53, a fall of 10 paise over its last close.
Rupee ends 6 paise lower at 72.43 against US dollar
At the interbank forex market, the rupee opened flat at 72.37 a dollar. During the session, it witnessed an intra-day high of 72.27 and a low of 72.45.
Rupee rises 3 paise against US dollar
At the interbank forex market, the local unit opened flat at 72.37 against the US dollar, then gained some strength to quote at 72.34, a rise of 3 paise over its last close.