Page 68 - Rupee

Rupee drops 48 paise to close at new low of 78.85 against US dollar

Persistent foreign capital outflows and a surge in crude oil prices led to the slump

RBI acts in forwards market to protect forex reserves, pulls down premiums

This move by the central bank results in premiums crashing

Rupee slips by 1 paisa, settles at all-time low of 78.33 against US dollar

During the day, the local unit witnessed an intra-day high of 78.19 and a low of 78.35 against the American currency.

Sensex adds 462 pts; Nifty tad below 15,700; auto, banks gain; IT slips

Stock market live updates: The Sensex and Nifty benchmarks are heading for a higher start on Friday, tracking strength in the US overnight and Asian markets this morning. As of 07:00 AM, the SGX Nif

Rupee recovers from record low, opens 12 paise up at 78.20 against dollar

Recovering from its record low, the rupee opened 12 paise up at 78.20 against the US dollar on Friday, tracking a pullback in crude oil prices

Rupee settles at record low of 78.32 against dollar on forex outflows

The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.41% to 104.62

Sensex rallies 443 pts; Nifty holds 15,550; Maruti rises 7%, Hero Moto 6%

CLOSING BELL: Maruti Suzuki, Eicher Motors, Hero MotoCorp, Bajaj Auto, M&M, and Tata Motors were the top Nifty gainers, advancing between 3.5 per cent and 6.7 per cent

RBI may have boosted forwards intervention to slow rupee fall, save reserve

The Reserve Bank of India has run down its forward-dollar book by $12 billion to $15 billion from about $64 billion at the end of April

Rupee hits fresh all-time low vs dollar as US rate hike worries deepen

Ends at 78.39/$1 as against 78.08 on Tuesday. Wednesday's closing level also marks new record intraday low for the rupee versus greenback

Rupee falls by 27 paise to new low of 78.40 against dollar as FIIs exit

Foreign institutional investors remained net sellers in the capital market on Monday as they offloaded shares worth Rs 2,701.21 crore

Rupee set to weaken beyond 80 per dollar due to rising crude prices: BofA

The currency has already slumped more than 5% this year as Russia's invasion of Ukraine sent Brent crude surging to almost $140 a barrel in March

Rupee falls 4 paise against US dollar in early trade tracking muted markets

The rupee depreciated 4 paise to 78.17 against the US dollar in opening trade on Wednesday, tracking a muted trend in the domestic equity market and a firm American dollar

Best of BS Opinion: Managing currency risks, no single-use plastic & more

Here are the top BS Opinion articles of the day

Rupee ends at record low as rebound in crude deepens CAD, inflation worries

Settles at 78.0825 to the dollar as against 77.9800 at 3:30 p.m. on Monday. The previous record closing low for the domestic currency was 78.0700 on June 17

BS Number Wise: RBI needs to strike the right balance as rupee falls

As the discussion shifts from internal to external factors, is the RBI being too conservative and could the rupee depreciate more?

Managing currency risks

Adjustment in the rupee exchange rate should not be delayed

How the Japanese Yen's troubles are bringing a smile to Maruti Suzuki

Typically, the value of imports, which are in yen, is 7-8 per cent of the company's annual revenue

Rupee rises 12 paise to 77.93 against dollar as crude oil prices ease

The rupee strengthened by 12 paise to 77.93 against the US dollar in opening trade on Monday as easing crude oil prices supported the local unit

Further fall in rupee to hurt students taking loans to study abroad

The rupee has been depreciating sharply ever since tensions broke out between Russia and Ukraine in February

Rupee rises 5 paise to 78.05 against dollar amid foreign capital outflow

At the interbank forex market, the rupee opened strong at 78.03 against the greenback and witnessed an intra-day high of 78.02 and a low of 78.10