Page 10 - Indian Rupee

Rupee extends gains even as FPI selloff continues; opens at 88.62/$

Indian Rupee today: The domestic currency opened seven paise higher at 88.62 against the dollar on Thursday

Rupee stages late rally even as pressure persists; ends at 88.69/$

Indian Rupee today: The domestic currency closed six paise higher at 88.69 against the dollar on Wednesday

Rupee holds steady as RBI intervenes to curb pressure from US risks

The rupee closed at 88.69 against the US dollar, a whiskey away from its all-time low of 88.7975 hit on Tuesday

Rupee under pressure for third day, trades near record lows at 88.73/$

Indian rupee today: The domestic currency opened 2 paise higher at 88.73 against the dollar on Wednesday

Rupee hits new low on US visa shock; exporters don't expect much relief

Exporters don't expect much relief; currency may slip to 89.5 vs $ by year-end

Gold crosses ₹1.18 lakh per 10g amid rupee weakness, global uncertainty

Gold prices surged Rs 2,700 to scale a new peak of Rs 1,18,900 per 10 grams in the national capital amid sustained global demand for the safe-haven asset while rupee touching a new low facing the brunt of US H-1B visa fee hike. According to the All India Sarafa Association, the yellow metal of 99.9 per cent purity had closed at Rs 1,16,200 per 10 grams in the previous market session. In the local bullion market, gold of 99.5 per cent purity rallied Rs 2,650 to hit a record high of Rs 1,18,300 per 10 grams (inclusive of all taxes). It had settled at Rs 1,15,650 per 10 grams on Monday. Traders said the rupee's steep fall against the US dollar added to the rally of the precious metal. Silver prices also skyrocketed by Rs 3,220 to hit an all-time high of Rs 1,39,600 per kilogram (inclusive of all taxes) on Tuesday. The white metal had ended at Rs 1,36,380 per kg in the previous session. On Tuesday, the rupee depreciated 47 paise to hit an all-time low of 88.75 (provisional) against th

Rupee slides to record low amid US visa, trade concerns; ends at 88.75/$

The domestic currency ended 44 paise lower at 88.75 against the dollar on Tuesday, according to Bloomberg

Rupee hits record lows on trade jitters, visa concerns; falls below 88.50

The domestic currency opened 10 paise lower at 88.41 against the dollar on Tuesday, according to Bloomberg

RBI allows standalone primary dealers to trade in rupee NDF market

RBI has allowed standalone primary dealers to participate in rupee non-deliverable derivative contracts, widening access beyond AD Cat-I banks and IFSC Banking Units

Rupee extends losses in late session after H-1B shock; ends at 88.31/$

The domestic currency closed 21 paise lower at 88.31 against the dollar on Monday, according to Bloomberg

Trump's H-1B visa fee hike poses risk to India's remittances, rupee

The potential dent in remittances could put further pressure on the rupee, which has already been among Asia's worst performers

Rupee slips as traders weigh H-1B visa fee impact; opens at 88.17/$

The domestic currency opened 7 paise lower at 88.17 against the dollar on Monday, according to Bloomberg

Explore infra for trading beyond $-₹ currency pairs: Malhotra to CCIL

RBI's Sanjay Malhotra urges CCIL to broaden forex, derivatives, and tech-driven services to aid rupee internationalisation

Rupee reverses early losses even as dollar rises; ends higher at 88.10/$

Indian Rupee today: The domestic currency closed 3 paise lower at 88.10 against the greenback on Friday

Rupee falls for second day as dollar climbs after Fed cut; opens at 88.20/$

The domestic currency opened 7 paise lower at 88.20 against the greenback on Friday

Rupee halts 4-day rally amid mixed Fed cues; ends weaker at 88.13/$

Indian Rupee today: The domestic currency closed 32 paise lower at 88.13 against the greenback on Thursday

Crude slips to 3-month low; INR weakness seen pressuring OMCs, CGDs: Nomura

Nomura said that the INR's depreciation remains a headwind for OMCs and CGDs, as their input costs are dollar-linked while revenues are in rupees.

Rupee 4-day rally on hold after Fed cuts; opens weaker at 87.95/$

The domestic currency opened 14 paise lower at 87.95 against the greenback on Thursday

Rupee gains to over 2-week high ahead of US Federal Reserve meet outcome

The US rate setting panel is scheduled to announce its policy decision after Indian markets hours. The foreign exchange market has priced in a 25-basis-point rate cut

Rupee hits 3-wk high amid trade optimism; ends at 87.80/$ ahead of Fed meet

Indian Rupee today: The domestic currency closed 26 paise higher at 87.80 against the greenback on Wednesday, the lowest level since August 28