Page 11 - Rupee

Rupee falls for fifth session on tariff worries; ends lower at 87.69/$

Indian Rupee today: The domestic currency closed 11 paise lower at 87.69 against the dollar on Tuesday, according to Bloomberg

Rupee slides for fifth straight session on tariff woes; opens at 87.72/$

Indian Rupee today: The domestic currency opened 14 paise lower at 87.72 against the dollar on Tuesday

Rupee gives up early gains; ends lower at 87.60/$ on tariff worries

Indian Rupee today: The domestic currency closed 7 paise lower at 87.60 against the dollar on Monday, according to Bloomberg

Rupee gains as Powell opens door for rate cuts; opens higher at 87.39/$

Indian Rupee today: The domestic currency opened 14 paise higher at 87.39 against the dollar on Monday

Rupee slips for third day ahead of Powell speech; ends at 87.53/$

Indian Rupee today: The domestic currency closed 25 lower at 87.53 against the dollar on Friday, according to Bloomberg

Rupee extends losses for third straight day; opens lower at 87.35/$

Indian Rupee today: The domestic currency opened 8 lower at 87.35 against the dollar on Friday, according to Bloomberg.

Rupee reverses gains ahead of Jackson Hole meet; ends lower at 87.27/$

Indian Rupee today: The domestic currency closed 20 higher at 87.27 against the dollar on Thursday, according to Bloomberg

Rupee rises after India, US policy minutes; opens higher at 87.03/$

Indian Rupee today: The domestic currency opened 4 higher at 87.03 against the dollar on Thursday, according to Bloomberg

Rupee weakens on US Treasury Secretary's tariff comments; ends at 87.07/$

Indian Rupee today: The domestic currency closed 12 lower at 87.07 against the dollar on Wednesday, according to Bloomberg

Rupee rally pauses after best session in 6 weeks; opens weaker at 87.16/$

Indian Rupee today: The domestic currency opened 21 lower at 87.16 against the dollar on Wednesday, according to Bloomberg

Rupee sees highest single-day gain in over six weeks on tariff relief

The Rupee saw its highest single-day gain in over six weeks, rising 0.45%, on hopes of a possible easing of US tariffs and a sovereign credit rating upgrade

Rupee surges to highest level in August; ends 40 paise higher at 86.95/$

Indian Rupee today: The domestic currency closed 40 paise or 0.45 per cent higher at 86.95 against the dollar on Tuesday

Rupee advances despite dollar gains; opens 10 paise higher at 87.25/$

Indian Rupee today: The domestic currency opened 10 paise higher at 87.25 against the dollar on Tuesday, according to Bloomberg

Rupee's REER eases to 100.36 in June as currency weakens against peers

The rupee's real effective exchange rate fell to 100.36 in June from 101.12 in May, signalling a weaker currency against a basket of 40 trading partner currencies after adjusting for inflation

Rupee trims losses after S&P Global rating upgrade; ends at 87.55/$

India Rupee today: The domestic currency closed 11 paise lower at 87.55 against the greenback on Thursday

Rupee trades weak with US-Russia meeting in focus; opens at 87.46/$

Indian Rupee today: The domestic currency opened 2 paise lower at 87.46 against the greenback on Thursday

Rupee posts best session in over one month; ends 28 paise higher at 87.43/$

Indian Rupee today: The domestic currency rose 28 paise, or 0.32 per cent, to close at 87.43 against the dollar on Wednesday

Rupee gains as India CPI cools to 8-year low; opens at 87.65/$

Indian Rupee today: The domestic currency opened 6 paise stronger at 87.65 against the dollar on Wednesday

RBI allows NRIs to invest rupee surplus in vostro accounts in G-secs

The Reserve Bank of India (RBI) on Tuesday said non-residents maintaining special rupee vostro accounts (SRVA) can invest surplus balances in central government securities (G-secs). "Persons resident outside India that maintain a SRVA for international trade settlement in Indian Rupees -- may invest their rupee surplus balance in the aforesaid account in central government securities (including Treasury Bills)," the central bank said in a notification. In a communication to all authorised dealer category-I banks, it said the directions take effect immediately and asked the banks to communicate the same to their clients. The RBI said operational instructions in this regard have been incorporated in the 'Master Direction' on the subject. The SRVA accounts are usually opened by foreign entities with an Indian bank to help settle international trade transactions in rupee. The notification comes days after the RBI simplified the process to open the SRVAs in an effort to boost rupee ...

Indian Rupee trades slightly weaker ahead of CPI; opens at 87.68/$

Indian Rupee today: The domestic currency opened 2 paise weaker at 87.68 against the dollar on Tuesday