Page 8 - Rupee

Rupee closes near record lows amid higher dollar; ends flat at 88.79/$

Indian Rupee today: The domestic currency closed flat at 88.79 against the greenback on Monday after opening three paise higher

Rupee rises on likely IPO-related foreign inflows; opens higher at 88.75/$

The primary market is set for a busy week, with traders gearing up to launch IPOs, collectively worth more than ₹27,000 crore

Rupee ends lower after flat start; closes near record low at 88.78/$

Indian Rupee today: The domestic currency closed nine paise lower at 88.78 against the greenback

Rupee opens firm at 88.68/$; analysts see momentum in favour of dollar

Indian Rupee today: The domestic currency opened flat at 88.68 against the greenback and fell to 88.72, according to Bloomberg

Rupee rises to 88.69/$ as MPC holds rates; RBI to 'closely watch' currency

Indian Rupee today: The domestic currency closed 10 paise higher at 88.69 on Wednesday against the greenback

RBI announces slew of measures to promote internationalisation of rupee

In a bid to promote the use of domestic currency for cross-border settlements, the Reserve Bank on Wednesday announced a slew of measures, including allowing banks to lend in Indian Rupees to non-residents from Bhutan, Nepal and Sri Lanka for bilateral trade. Observing that India has been making steady progress in the use of the Indian Rupee for international trade, RBI Governor Sanjay Malhotra said permission has been granted to Authorised Dealer banks to lend in Indian Rupees to non-residents from Bhutan, Nepal and Sri Lanka for cross-border trade transactions. Besides, he proposed to establish transparent reference rates for currencies of India's major trading partners to facilitate INR-based transactions. RBI has permitted wider use of Special Rupee Vostro Account (SRVA) balances by making them eligible for investment in corporate bonds and commercial papers. SRVA is an account opened by a foreign bank with an Indian bank to facilitate international trade settlements directly i

Rupee remains under pressure ahead of MPC decision; opens flat at 88.78/$

Indian Rupee today: The domestic currency opened one paise higher at 88.78 on Wednesday against the greenback

Rupee closes at fresh low for second straight session; ends at 88.79/$

Indian Rupee today: The domestic currency opened four paise lower at 88.79 on Tuesday against the greenback

Rupee opens higher, easing from record closing lows; opens at 88.69/$

Indian Rupee today: The domestic currency opened six paise higher at 88.69 on Tuesday against the greenback

Indian Rupee reverses early gains to close lower; ends at 88.75/$

Indian Rupee today: The domestic currency closed four paise lower at 88.75 on Monday against the greenback, according to Bloomberg

Rupee advances as focus shifts to MPC meet; opens higher at 88.66/$

Indian rupee today: The domestic currency opened 5 paise stronger at 88.66 on Monday against the greenback

Rupee slips to 88.72/$ as Trump slaps 100% tariffs on pharma

Indian Rupee today: The domestic currency opened flat but fell five paise to 88.72 in morning trades on Friday

Rupee undervalued among peers, REER at lowest level since February 2019

The rupee's REER fell to 98.79 in July, the lowest since February 2019, with RBI easing intervention as FII outflows, rising imports and weak sentiment pressure the currency

Rupee ends marginally higher amid outflow pressures; closes at 88.67/$

Indian Rupee today: The domestic currency closed two paise higher at 88.67 against the dollar on Thursday

Rupee extends gains even as FPI selloff continues; opens at 88.62/$

Indian Rupee today: The domestic currency opened seven paise higher at 88.62 against the dollar on Thursday

Rupee stages late rally even as pressure persists; ends at 88.69/$

Indian Rupee today: The domestic currency closed six paise higher at 88.69 against the dollar on Wednesday

Rupee holds steady as RBI intervenes to curb pressure from US risks

The rupee closed at 88.69 against the US dollar, a whiskey away from its all-time low of 88.7975 hit on Tuesday

Rupee under pressure for third day, trades near record lows at 88.73/$

Indian rupee today: The domestic currency opened 2 paise higher at 88.73 against the dollar on Wednesday

Rupee slides to record low amid US visa, trade concerns; ends at 88.75/$

The domestic currency ended 44 paise lower at 88.75 against the dollar on Tuesday, according to Bloomberg

Rupee hits record lows on trade jitters, visa concerns; falls below 88.50

The domestic currency opened 10 paise lower at 88.41 against the dollar on Tuesday, according to Bloomberg