Page 14 - Rupee

Rupee gains 0.1% to 93.86 after 3 day slide, traders remain cautious

The ‌rupee nudged up 0.1 per cent to end the session at 93.8650, from its close at 93.9750 in the previous session

Rupee hits new record low amid Iran war: Will INR drop to 100 vs US dollar?

Rupee hit a record low of 93.94 on Monday as oil prices stay above $100/bbl amid Iran war, and FPI pulled out ₹1 trillion in 2026. Can INR fall to 100/USD? Analysts weigh in on outlook and risks

RBI in talks with central banks of four to five countries on CBDC

The move is expected to bring down the cost of remittances and reduce checks on cross-border transactions

Stock Market close: Sensex sinks 1,837 pts, Nifty at 22,512 as US-Iran conflict escalates

Sensex Today | Stock Market Highlights, Monday: In the broader markets, both the Nifty MidCap and the Nifty SmallCap ended 3.97 per cent down, each

Indian Rupee weakens past 94/$ on elevated crude prices, firm US dollar

The decline in the domestic currency, analysts said, reflects a combination of elevated crude prices, persistent foreign outflows, and a structurally strong US dollar

Rupee set for worst year since FY14, hits fresh low of 93.72 per dollar

Indian currency hits record low of 93.72 per dollar, logging steepest fall in four years as surging crude oil prices and capital outflows weigh on sentiment

Indian Rupee falls past 93/$ on crude volatility amid West Asia tensions

The domestic currency fell as much as 64 paise, or 0.69 per cent, to a record low of 93.28 against the US dollar on Friday, according to Bloomberg data

Rupee breaches 93/$ for first time, at record low of 93.49 amid free fall

The rupee fell 19 paise to its record intra-day low of 93.08 against the US dollar in early trade on Friday as the greenback strengthened further and FII outflows continued unabated amid the ongoing West Asia conflict. Elevated global crude oil prices put further pressure on the local unit, while a positive opening at the domestic equity markets cushioned against a sharper fall, according to forex traders. At the interbank foreign exchange, the local unit opened at 92.92 against the greenback before breaching the 93-mark for the first time to trade at 93.08, down 19 paise from its previous close. The rupee slumped 49 paise to close at a record low of 92.89 against the US dollar on Wednesday. Forex markets were closed on Thursday on account of Gudhi Padwa. "The rupee looks vulnerable with the RBI the only one protecting it from further fall by selling dollars. FPIs were sellers on Thursday when Sensex and Nifty fell to a 21-month low," Anil Kumar Bhansali, Head of Treasury and ...

RBI working to provide avenues to Russian trade counterparts for rupee use

The Reserve Bank of India (RBI) is working on providing more avenues for the usage of Indian rupee (INR) accumulated by the Russian trade counterparts, a senior official said on Thursday. The Central Bank is looking at avenues to either settle Indian rupees of Russian trade counterparts lying in India for imports or for making capital investments in India, he added. "We are working on providing various avenues for using the INR, which is accumulated here by the Russian counterparts, to use it either for settling their imports or making capital investments in India, so on and so forth," N Senthil Kumar, chief general manager in RBI's Foreign Exchange Department, said at the Russia-India forum in Mumbai. For the past few years, both countries have focused on local currencies to settle bilateral trade and reduce reliance on the US Dollar. Last year, the RBI was allowed to invest surplus balances in government securities. Kumar noted an "inertia" among stakeholders in transacting in lo

Rupee hits record low of 92.64/$ on importer demand, thin dollar liquidity

Currency weakens on importer demand and thin dollar liquidity, with trade deficit concerns and Fed policy outlook weighing on sentiment

Rupee hits record low at 92.63 as oil prices surge, capital outflows rise

The rupee closed at 92.63 per dollar, eclipsing its previous lifetime low of 92.4750 hit last week

Iran war flags rupee's vulnerability, banks pitch cross-currency trades

Brent crude is up nearly 40 per cent since the conflict in the West Asia began, threatening India's external balances and weighing on its inflation-growth balance

Best of BS Opinion: Trump tariffs, euthanasia, rupee and farms

Today's Opinion page covers Trump's tariff strategy, the Supreme Court's passive euthanasia ruling, rupee depreciation amid West Asia tensions, farm diversification and a Syria war book review

West Asia conflict likely to keep rupee under pressure amid oil surge

Third year of consecutive BoP deficit if oil stays above $100/bbl, to weigh on rupee

Rupee falls to fresh low of 92.46 against dollar amid global risk aversion

The rupee fell to a fresh intraday low of 92.48 against the dollar on Friday as rising crude oil prices and global risk aversion amid West Asia tensions pressured the local currency

Rupee forward premiums signal bets of impending RBI FX swap: Bankers

The rupee fell to an all-time low of 92.4250 to the US dollar on Friday and it has lost about 1.5 per cent since the war broke out on February 28

Indian Rupee drops to fresh low of 92.36 as Brent oil surges past $100

The Indian Rupee fell 32 paise, or 0.35 per cent, to 92.36 against the greenback, according to Bloomberg

Rupee slips to 92.04 per dollar as crude rises, domestic equities fall

The rupee weakened to 92.04 per dollar on Wednesday as rising crude oil prices, geopolitical tensions in West Asia and equity outflows weighed on the currency

Rupee rises as Asian markets catch a breather, importers keen to hedge

The currency was last up 0.15 per cent at 92.18, still close to its all-time low of 92.3475 hit in the previous session

'Debt attracts interest amid volatility; Rupee faces geopolitical risks'

Sunaina Da Cunha, Co-CIO (Debt) at Aditya Birla Sun Life AMC, said that the geopolitical situation in West Asia is likely to continue injecting volatility into the currency markets