Page 8 - Indian Rupee

Rupee opens higher, easing from record closing lows; opens at 88.69/$

Indian Rupee today: The domestic currency opened six paise higher at 88.69 on Tuesday against the greenback

Rupee hits fresh closing low of 88.76 on outflows, US dollar demand

The rupee closed at 88.76 per dollar, weighed by foreign outflows and corporate demand, even as RBI intervention capped losses; bond yields rose on higher borrowing

Indian Rupee reverses early gains to close lower; ends at 88.75/$

Indian Rupee today: The domestic currency closed four paise lower at 88.75 on Monday against the greenback, according to Bloomberg

Rupee advances as focus shifts to MPC meet; opens higher at 88.66/$

Indian rupee today: The domestic currency opened 5 paise stronger at 88.66 on Monday against the greenback

New Development Bank plans first rupee-denominated bond by March-end

NDB, which has previously raised funds in Chinese yuan and South African rand, is in advanced stages of discussions with the Indian central bank for its debut rupee issuance, the sources said

Rupee slips to 88.72/$ as Trump slaps 100% tariffs on pharma

Indian Rupee today: The domestic currency opened flat but fell five paise to 88.72 in morning trades on Friday

Rupee undervalued among peers, REER at lowest level since February 2019

The rupee's REER fell to 98.79 in July, the lowest since February 2019, with RBI easing intervention as FII outflows, rising imports and weak sentiment pressure the currency

Rupee ends marginally higher amid outflow pressures; closes at 88.67/$

Indian Rupee today: The domestic currency closed two paise higher at 88.67 against the dollar on Thursday

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