Page 5 - Currency Market

Rupee may test 88.5 levels amid tariff tensions, FPI selloff: Analysts

Indian Rupee outlook: Analysts suggest that the local unit might largely stay range-bound between 86.50 to 88.50 levels

Rupee advances even as tariff rift continues; opens higher at 87.55/$

Indian Rupee today: The domestic currency opened 15 paise higher at 87.55 against the dollar on Friday, according to Bloomberg

₹2,000 notes worth ₹6,017 crore still in circulation, shows RBI data

The high-value Rs 2,000 notes worth Rs 6,017 crore are still in circulation even after more than two years of the Reserve Bank withdrawing the currency, according to official data released on Friday. Rs 2,000 banknotes continue to be legal tender. On May 19, 2023, the Reserve Bank of India (RBI) announced the withdrawal of Rs 2,000 denomination banknotes from circulation. In a statement, the RBI said the total value of Rs 2,000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023 has declined to Rs 6,017 crore at the close of business on July 31, 2025. "Thus, 98.31 per cent of the Rs 2,000 banknotes in circulation as on May 19, 2023, has since been returned," it said. The facility for exchange of the Rs 2,000 banknotes is available at the 19 issue offices of the Reserve Bank since May 19, 2023. From October 9, 2023, RBI Issue Offices are also accepting Rs 2,000 banknotes from individuals/entities for deposit into their bank accounts. Fu

Rupee trades near one-month low despite tariff cheers; opens at 86.41/$

Indian Rupee today: The domestic currency opened 4 paise lower at 86.41 against the dollar on Wednesday, according to Bloomberg

Rupee reverses early gains on likely FPI outflows; ends lower at 86.37/$

Indian Rupee today: The domestic currency closed 7 paise lower at 86.37 against the dollar on Tuesday, according to Bloomberg

Why JPMorgan may offer crypto loans despite CEO Dimon's bitcoin doubts

JPMorgan is considering giving loans backed by bitcoin and ether, even as its CEO Jamie Dimon remains skeptical of crypto; the move shows growing bank interest in digital assets

Rupee snaps four-day fall amid dip in oil prices; opens at 86.25/$

Indian Rupee today: The domestic currency opened 5 paise higher at 86.25 against the dollar on Tuesday

Decoded: What are stablecoins, and why is the US regulating them?

Stablecoins are digital assets that are designed to maintain a stable value relative to a specific reference asset, like a fiat currency such as the US dollar

Rupee extends losses even as oil prices, dollar decline; ends at 86.30/$

Indian Rupee today: The domestic currency closed 14 paise lower at 86.30 against the dollar on Monday

Rupee opens lower at 86.22/$, tracking Asian peers and firm dollar

Indian Rupee today: The domestic currency opened 7 paise lower at 86.22 against the dollar on Monday, according to Bloomberg

Rupee drops amid firm dollar; ends 12 paise lower at 85.94/$

Indian Rupee today: The domestic currency closed 12 paise lower at 85.94 against the dollar on Wednesday, according to Bloomberg

Rupee weakens near 86/$, tracking Asian peers after soft US inflation data

Indian Rupee today: The domestic currency opened 16 paise lower at 85.98 against the dollar on Wednesday

Rupee posts gains as inflation cools; ends 16 paise higher at 85.82/$

Indian Rupee today: The domestic currency closed 16 paise higher at 85.82 against the dollar on Tuesday, according to Bloomberg

Rupee sees mild gains as inflation cools; opens higher at 85.97/$

Indian rupee today: The domestic currency opened 2 paise higher at 85.97 against the dollar on Tuesday

Rupee drops as traders await CPI print; ends near 86 mark on tariff fears

Indian Rupee today: The domestic currency closed 19 paise lower at 85.99 against the dollar on Monday, according to Bloomberg

Rupee slides to open at 86 mark amid tariff tensions; inflation data eyed

Indian Rupee today: The domestic currency opened 20 paise lower at 86 against the dollar on Monday, according to Bloomberg

Emerging market assets weighed down by Trump's blanket tariff threat

The MSCI index tracking developing-world currencies edged lower, with the South African rand and the Mexican peso leading the losses

Rupee snaps three-day gains on Tariff jitters; opens lower at 85.82/$

Indian Rupee today: The domestic currency opened 17 paise lower at 85.82 against the dollar on Friday

Rupee advances for third straight session; ends 3 paise higher at 85.65/$

Indian Rupee today: The domestic currency closed 3 paise higher at 85.65 against the dollar on Thursday

Rupee sees pressure as Trump reiterates Brics tariffs; opens at 85.86/$

Indian Rupee today: The domestic currency opened 16 paise lower at 85.86 against the dollar on Wednesday