Currency Market

Rupee jumps the most in over three-years on RBI support; trades at 90.33/$

The Indian currency strengthened past 90-per-dollar mark in Wednesday's session as the central bank curbed excess volatility

Rupee slips past 91/$ to fresh low for 4th session; more downside?

Rupee at record low: The unit opened 4 paise lower on Tuesday at 90.77 against the greenback, but fell 35 paise during the session to a new low of 91.08, according to Bloomberg

Rupee slides 9 p to record low of 90.87 against US dollar in early trade

The rupee plunged 9 paise to a record low of 90.87 against the US dollar in early trade on Tuesday, weighed down by sustained FII outflows and no breakthrough in the India-US trade deal. However, a weaker greenback and a decline in global crude oil prices capped further losses in the domestic unit, according to forex traders. At the interbank foreign exchange, the rupee opened at its all-time low of 90.87 against the US dollar, down 9 paise from its previous close, and traded in a narrow range of 90.77- 90.87 in early trade. The rupee on Monday settled at a new all-time low of 90.78 against the US dollar, registering a loss of 29 paise over its previous close, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows. "The US-India trade deal still seems to be off by a distance with the Commerce Secretary saying the first phase will be signed before the end of the year and news that we are closest to the deal being signed. The uncertainty has clou

Best of BS Opinion: China must find political will to rebalance economy

Today's opinion pieces offer a sharp mix of macro and culture: China's demand shortfall, Prada's Kolhapuri move, the rupee's policy trilemma, why RBI needs better data, and a candid chess memoir.

Rupee hits new low of 90.56/$ on trade deal impasse; near-term pain seen

So far this month, the Rupee has fallen 1.15 per cent, while in the calendar year 2025, the unit is down 5.7 per cent, the worst among its Asian peers

Rupee hits 90-mark against US dollar: Why, outlook and market strategy here

Dollar outflows from FPIs, trade deficit probably widening with export growth slowing down, and the trade deal with US is still not on the table are the three main reasons why the rupee is falling

Regulators considering review of strict currency derivatives rules

After the advisory, trading in the contracts -- used to hedge against foreign exchange risks and speculate on currency movements -- nosedived in India and rose overseas

IT, pharma to gain most from rupee fall; don't jump to buy yet: Analysts

On Monday, the rupee advanced amid reports that the RBI resumed efforts to support currency via overseas and onshore markets

Rupee hits record low; slides to breach 89.5/$ amid trade uncertainty

Rupee sees sharp fall: The domestic currency fell as much as 83 paise to 89.54 on Friday, according to Bloomberg

Rupee eases after 3-day rally amid trade deal hopes; opens at 88.63

Indian Rupee today: The domestic currency opened four paise lower at 88.63 against the greenback on Thursday

Rupee climbs for third day to strongest level in over a week at 88.59/$

Indian Rupee today: The domestic currency closed two paise higher at 88.59 against the greenback on Wednesday, according to Bloomberg

Rupee advances to near 3-week high on trade deal hopes; opens at 88.57/$

Indian Rupee today: The domestic currency opened 4 paise higher at 88.57 against the greenback and rose to 88.53 in opening deals

Rupee recoups early losses to end stronger at 88.61 amid trade deal hopes

Indian Rupee today: The domestic currency closed 3 paise higher at 88.61 against the greenback on Tuesday, according to Bloomberg

Rupee weakens despite trade deal optimism; opens lower at 88.66/$

Indian Rupee today: The domestic currency opened 2 paise lower at 88.66 against the greenback on Tuesday

Rupee snaps 3-day losses amid lower oil prices; ends stronger at 88.64/$

Indian Rupee today: The domestic currency closed 10 paise higher at 88.64 against the greenback on Monday

Rupee pulls back from record low levels on softer oil; opens at 88.71/$

Indian Rupee today: The domestic currency opened 3 paise higher at 88.71 against the greenback on Monday

Rupee drops for 3rd day to end at 88.74; likely RBI interventions cap fall

Indian Rupee today: The domestic currency closed 8 paise lower at 88.74 against the greenback on Friday

Rupee drops for third session amid higher oil prices; opens at 88.72/$

Indian Rupee today: The domestic currency opened 6 paise lower at 88.72 against the greenback on Friday

Rupee weakens despite decline in dollar and oil prices; ends at 88.66/$

Indian Rupee today: The domestic currency closed 3 paise lower at 88.66 against the greenback on Thursday

Rupee sees slight dip after record inflation print; opens lower at 88.65/$

Indian Rupee today: The domestic currency opened 2 paise lower at 88.65 against the greenback on Thursday