Page 12 - Rupee Vs Dollar
Rupee falls 32 paise to all-time low of 89.85 against dollar in early trade
The rupee depreciated 32 paise to an all-time low of 89.85 against the US dollar in early trade on Tuesday, weighed down by the broad strength of the American currency in overseas markets and persistent foreign fund outflows. Forex traders said strong dollar demand from corporates, importers and foreign portfolio investors pressurised the rupee. Moreover, elevated crude oil prices further dented investor sentiments. At the interbank foreign exchange, the rupee opened at 89.70 against the US dollar before dropping to record low level of 89.85 , down 32 paise from its previous close. On Monday, the rupee after sinking to 89.79 in intraday trade, settled at 89.53 against the US dollar. "The RBI has been selling dollars in the market, but it has also bought dollars when Indian Rupee rose thus keeping the demand intact," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP. Bhansali further noted that, the fundamentals of the Indian economy l
 "Rupee falls 32 paise to all-time low of 89.85 against dollar in early trade")
Rupee hits fresh low of 89.79 per dollar as NDF positions mature
India's foreign exchange reserves continue to fall as the RBI steps up its defence of the rupee to prevent it from breaching the 90-per-dollar mark
 "Rupee hits fresh low of 89.79 per dollar as NDF positions mature")
Datanomics: Rupee drag may delay India overtaking Japan's economy
India posted strong 8.2% real GDP growth in Q2 FY26, but rupee depreciation trimmed its dollar GDP, keeping Japan narrowly ahead in the April-September comparison
 "Datanomics: Rupee drag may delay India overtaking Japan's economy")
Let's not fight rupee depreciation: A calibrated slide may be desirable
If movements in the exchange rate can help equilibrate "external balances", monetary and fiscal policy is freed up to focus on trying to achieve "internal balance"
 "Let's not fight rupee depreciation: A calibrated slide may be desirable")
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
 "IT, pharma to gain most from rupee fall; don't jump to buy yet: Analysts")
Rupee recovers as RBI intervention cools pressure from strong US dollar
The rupee clawed back some losses after the RBI intervened heavily in spot and NDF markets, helping arrest its slide toward 90 per dollar even as global dollar strength
 "Rupee recovers as RBI intervention cools pressure from strong US dollar")
Rupee may drop to 90 vs dollar by Dec-end, regain by Mar: BS Poll
Possible US trade deal may help lift Indian currency, say experts
 "Rupee may drop to 90 vs dollar by Dec-end, regain by Mar: BS Poll")
Rupee breaches the 89.5 per dollar-mark intraday, hits fresh low
RBI's absence in the market may be behind the sharp fall
 "Rupee breaches the 89.5 per dollar-mark intraday, hits fresh low")
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 hits record low; slides to breach 89.5/$ amid trade uncertainty")
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 climbs for third day to strongest level in over a week at 88.59/$")
Rupee advances to near 3-week high on trade deal hopes; opens at 88.57/$
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 recoups early losses to end stronger at 88.61 amid trade deal hopes")
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 weakens despite trade deal optimism; opens lower at 88.66/$")
Rupee snaps 3-day losses amid lower oil prices; ends stronger at 88.64/$
Indian Rupee today: The domestic currency closed 10 paise higher at 88.64 against the greenback on Monday
 "Rupee snaps 3-day losses amid lower oil prices; ends stronger at 88.64/$")
Rupee pulls back from record low levels on softer oil; opens at 88.71/$
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
Indian markets a relative-return disaster; rupee bottom at 89: Chris Wood
The biggest risk to the bottoming out of the rupee, Wood believes, is the continuing resort to handouts in state election politics which have been a feature for the past two years
 "Indian markets a relative-return disaster; rupee bottom at 89: Chris Wood")
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 drops for third session amid higher oil prices; opens at 88.72/$")
Rupee weakens despite decline in dollar and oil prices; ends at 88.66/$
Indian Rupee today: The domestic currency closed 3 paise lower at 88.66 against the greenback on Thursday