Page 27 - Rupee Vs Dollar

Rupee closes at fresh low of 85.76 against dollar despite RBI intervention

State-run banks were spotted selling dollars to the tune of $800 million to $1 billion, traders said

BS Poll: Rupee to stay under pressure, seen at 86 to dollar by March-end

The currency hit a new closing low of 85.65 in the first trading session of 2025

Rupee falls 5 paise to 85.69 against US dollar during early trade

The rupee dropped 5 paise to 85.69 against the US dollar in early trade on Wednesday, the first session of 2025, as the strength of the American currency in the overseas market and persistent foreign fund outflows weighed on the local unit. Forex traders said the dollar index (DXY) and US 10-year bond yields have been on an uptrend largely owing to the Federal Reserve's cautious stance and the "Trump factor". Additionally, global markets are expected to see low volumes as the holiday season is underway in major economies like the UK and Europe. At the interbank foreign exchange, the rupee opened at 85.63 then fell further to 85.69 against the American currency, registering a fall of 5 paise over its previous close, On Tuesday, the rupee depreciated 12 paise to close at a fresh all-time closing low of 85.64 against the US dollar. On December 27, the local currency touched its lifetime intraday low of 85.80 against the greenback. According to Anil Kumar Bhansali, Head of Treasury a

Rupee tipped to weaken gradually amid dollar strength as 2025 kicks off

The local unit dipped to its sixth consecutive record closing low on Tuesday, pressured by a decline in its regional peers

On slippery slope: Rupee hits fresh low, extends losing streak to 7 years

Despite the decline, India's foreign exchange reserves remain the fourth largest in the world

Rupee falls 13 paise to all-time closing low of 85.65 against dollar

The rupee depreciated 13 paise to close at fresh record low of 85.65 (provisional) against the US dollar on Tuesday, ending the year with a sharp 3 per cent loss on significant foreign fund outflows and a strong greenback in global markets. Forex traders said the rupee has been under continued pressure amid the Federal Reserve's cautious stance on rate cuts and the "Trump factor" driving up the dollar index (DXY) and US 10-year bond yields. Additionally, slowing domestic macroeconomic growth, widening trade deficit and persistent foreign fund outflows have further fuelled the rupee's depreciation. At the interbank foreign exchange, the rupee opened at 85.54 and touched the lowest level of 85.66 against the greenback during intra-day trade. The unit ended the session at 85.65 (provisional) against the dollar, registering a fall of 13 paise over its previous close. On Monday, the rupee dropped 4 paise to 85.52 against the US dollar. The domestic unit has depreciated against the ...

Rupee falls 9 paise to 85.61 against US dollar in early trade today

The rupee dropped 9 paise to 85.61 against the US dollar in early trade on Tuesday, weighed down by significant strengthening of the American currency in the overseas market and a muted trend in domestic equities. Forex traders said the rupee has been under continued pressure amid the Federal Reserve's cautious stance and the "Trump factor" driving up the dollar index (DXY) and US 10-year yields. Additionally, on the domestic front, slowing growth, widening trade deficit, and persistent foreign fund outflows have further fueled the rupee's depreciation. At the interbank foreign exchange, the rupee opened on a weak note at 85.54 then fell further to 85.61 against the American currency, registering a fall of 9 paise over its previous close, on month-end dollar demand from importers and oil marketing companies. On Monday, the rupee dropped 4 paise to 85.52 against the US dollar. According to Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP, th

Rupee gains slightly as very-near-tenor dollar-rupee swap rates surge

Despite last week's slump, the rupee has fared better than most of its Asian peers over the December quarter

Rupee hits new low of Rs 85.54 after worst intraday fall in 2 years

Weakens below 85.8 intraday, RBI does rescue act

Rupee settles at record low of 85.53, logs worst day in nearly 7 months

The rupee weakened to an all-time low of 85.8075 against the U.S. dollar, before intervention by the central bank helped it trim steep losses, according to traders

Rupee hits record low of 85.395 on strong NDF dollar bids; RBI may step in

Rupee declined to 85.3950 to the dollar, eclipsing its previous all-time low of 85.2825 hit on Thursday

Rupee falls to new low of 85.27 as importers stock up dollar at month end

The local currency had settled at Rs 85.20 per dollar on Wednesday

Rupee plunges 12 paise to close at new all-time low of 85.27 against dollar

The rupee stayed weak for the third straight session and fell 12 paise to settle at a fresh all-time low of 85.27 (provisional) against the US dollar on Thursday, amid a strong greenback and rising crude oil prices. Forex traders said, increased month-end as well as year-end dollar demand from importers and fear of an aggressive import tariff by the Donald Trump administration lifted the American currency. At the interbank foreign exchange, the rupee opened weak at 85.23 and touched the lowest-ever level of 85.28 against the greenback during intraday trade. The unit finally ended the session at its lifetime low closing level of 85.27 (provisional) against the dollar, registering a loss of 12 paise from its previous close. The rupee fell 4 paise to settle at 85.15 against the US dollar on Tuesday, a day after losing 9 paise on Monday. The forex market was closed on Wednesday for Christmas. According to Anuj Choudhary, Research Analyst at Mirae Asset Sharekhan, the rupee fell to a

Rupee falls 10 paise to hit new record low of 85.25 against US dollar

The rupee depreciated 10 paise to hit a new all-time low of 85.25 against the US dollar in early trade on Thursday, dragged down by the unabated outflow of foreign capital amid increased month-end demand of the American currency. Positive sentiment in domestic equity markets failed to support the Indian currency as the greenback index remained elevated while crude oil prices were on upward move, forex traders said. At the interbank foreign exchange, the rupee opened weak at 85.23 and slipped further to hit a life-time low of 85.25 against the greenback in initial deals, registering a loss of 10 paise against its previous closing level. On Tuesday, the rupee fell 4 paise to settle at a record low of 85.15 against the US dollar. The forex markets were closed on Wednesday for Christmas. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading marginally lower by 0.11 per cent but remained elevated at 107.90, amid soaring US ...

Rupee hits new low for sixth straight session; settles at Rs 85.20

Liquidity deficit widens to 7 month high

Rupee falls 9 paise to close at fresh record low of 85.20 against dollar

The rupee extended the slide for the second straight session and depreciated 9 paise to settle at a fresh all-time low of 85.20 (provisional) against the US dollar on Tuesday, dragged by a strong greenback against major crosses overseas and subdued domestic equities. According to analysts, increased demand of dollar due to month-end payment obligation and the fear of an aggressive import tariff by the Donald Trump administration in the US strengthened the greenback. Besides, surging crude oil prices pushed the rupee down further, they added. At the interbank foreign exchange, the rupee opened at 85.10 and touched the lowest ever level of 85.21 against the greenback during intra-day. The unit finally ended the session at a fresh all-time low of 85.20 (provisional) against the dollar, registering a loss of 9 paise from its previous close. On Monday, the rupee settled 7 paise lower at 85.11 against the US dollar. Anuj Choudhary, Research Analyst at Mirae Asset Sharekhan, said the rup

Rupee depreciates 5 paise to hit all-time low of 85.16 against US dollar

The rupee fell 5 paise to hit a new all-time low of 85.16 against the US dollar in early trade on Tuesday, amid strengthening American currency and sustained outflow of foreign capital. Forex traders said higher dollar demand as well as an upward momentum in crude oil prices due to volatile geopolitical situation pushed the local unit further downward even as a positive domestic equity market provided some cushion. They said the strong dollar and soaring bond yields in the US prompted the foreign investors towards profit-booking by selling Indian equities. At the interbank foreign exchange, the rupee opened at 85.10 and slid further to hit a fresh all-time low of 85.16 against the greenback, registering a loss of 5 paise from its previous closing level. On Monday, the rupee settled 7 paise lower at 85.11 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading higher by 0.10 per cent at 107.92, amid .

Rupee remains under pressure, touches new low of 85.12 per dollar

The local currency had settled at 85.02 per dollar after choppy trading on Friday, touching 85.11 per dollar before regaining ground against the greenback on the back of FTSE rebalancing inflows

Rupee hits all-time low pressured by weak Yuan, strong dollar bids

The RBI's frequent interventions have supported the rupee in the face of multiple headwinds, including a hawkish shift in the Federal Reserve's outlook for policy rates over 2025, concerns about India

Rupee rebounds after hitting Rs 85.11, settles at Rs 85.02 per dollar

The rupee had settled at Rs 85.07 per dollar on Thursday