Page 20 - Us Dollar

Indian Rupee logs worst session since February 2023; Ends at 85.84/$

The domestic currency weakened 60 paise to end at 85.84 against the greenback after closing at 85.24 on Friday

Indian Rupee sees worst start in nearly 2 months; Opens 41 paise lower

The domestic currency weakened 41 paise to open at 85.65 against the greenback after closing at 85.24 on Friday

Rupee strengthens to 84.95 intraday as dollar index continues to slip

The market was surprised with the central bank's decision to stay away from the foreign exchange market as it was an opportunity to buy dollars

Rupee ends 20 paise stronger; Dollar's comeback keeps currency above 85/$

The domestic currency strengthened 20 paise to close at 85.24 against the greenback after closing at 85.44 on Thursday

Indian Rupee slips below 85/$; Gains 38 paise at open as dollar, oil slides

The domestic currency strengthened 38 paise to open at 85.06 against the greenback after closing at 85.44 on Thursday

Indian Rupee ends 7 paise stronger; US tariffs spark dollar, oil selloff

The domestic currency strengthened 7 paise to end at 85.44 against the greenback after closing at 85.51 on Wednesday

Indian Rupee opens at 85.73/$; Slips 22 paise amid tariff concerns

The Trump administration slapped a 26 per cent tariff on imports from India

Dollar dips due to market uncertainty as Trump's tariff announcement nears

Details about the size and scope of the trade barriers set to come into force remain unknown, but the Washington Post reported that Trump's aides were considering a plan that would raise duties

Indian Rupee ends at 85.51/$ as markets focus on tariff announcement

Trump is expected to announce his reciprocal tariffs plan on Wednesday during an event in the White House Rose Garden

Indian Rupee opens 21 paise weaker at 85.68/$ with Trump tariffs in focus

Tracking the fall in the dollar index, the currency appreciated by 2.39 per cent in March, registering the best month since November 2018

Indian Rupee logs best month in over 6 years; Ends FY25 down 2.5%

The currency has appreciated by 2.39 per cent in March -- the best month since November 2018 -- tracking the fall in the dollar index

BOI's first dollar loan deal in over a decade raises $400 mn, woos 22 banks

The deal is latest sign of growing appeal of Indian assets to global investors and lenders, with its bonds posting strong monthly inflows and stocks recuperating from a trillion dollar selloff

Rupee weakens after 9-day rise on month-end oil importers' dollar demand

The local currency depreciated up to 85.83 per dollar during the day; however, foreign inflows supported the domestic unit, said dealers

Indian Rupee snaps nine-day rally, ends 17 paise lower at 85.77/$

The domestic currency closed 17 paise weaker at 85.77 against the greenback after closing at 85.63 on Monday, according to Bloomberg data

Indian Rupee ends 35 paise stronger; Logs best winning streak in 13 months

The domestic currency ended 35 paise stronger at 85.63 against the greenback after closing at 85.98 on Friday, according to Bloomberg data

Forex kitty rises by $305 million to $654.271 billion, shows RBI data

The country's forex reserves increased by USD 305 million to USD 654.271 billion during the week ended March 14, the RBI said on Friday. In the previous reporting week, the overall reserves rose by USD 15.267 billion to USD 653.966 billion and registered the sharpest weekly rise in two years. The spike in foreign reserves was partly attributed to the USD 10 billion forex swap done by the Reserve Bank of India. The reserves have been on a declining trend recently due to revaluation, along with forex market interventions by the RBI to help reduce volatilities in the rupee. The forex reserves increased to an all-time high of USD 704.885 billion in September 2024. For the week ended March 14, foreign currency assets, a major component of the reserves, decreased by USD 96 million to USD 557.186 billion, the data released on Friday showed. Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen

Rupee falls 10 paise to 86.66 against US dollar during early trade

The rupee declined 10 paise to 86.66 against the US dollar in early trade on Wednesday amid a firm American currency index ahead of the Federal Reserve's interest rate decision and prevailing concerns due to global trade tariff moves. Forex traders said the local currency found cushion due to easing crude oil prices and some inflow of foreign capital in domestic equity markets. At the interbank foreign exchange, the rupee opened weak at 86.60 and fell to 86.68 before trading at 86.66 against the greenback in initial deals, registering a loss of 10 paise from its previous closing level. Rupee settled 25 paise higher at 86.56 against the US dollar on Tuesday, gaining for the the third straight session during which it added 66 paise. The unit had appreciated 24 paise to close at 86.81 against the US dollar on Monday after ending 17 paise up at 87.05 in the preceding session on Thursday. Forex market was closed on Friday on the occasion of Holi festival. Meanwhile, the US dollar inde

Rupee rises 10 paise to 86.71 against US dollar during early trade

The rupee appreciated 10 paise to 86.71 against the US dollar in early trade on Tuesday, tracking its Asian peers and supported by positive domestic equities. Forex traders said the sharp upside for the local unit was restricted as investors grappled with the potential economic impact of growing global trade concerns. At the interbank foreign exchange, the rupee opened at 86.71 against the greenback, up 10 paise from its previous close. On Monday, the rupee had appreciated 24 paise to close at 86.81 against the US dollar. Asian currencies gained slightly as CNH rose to 7.2338, IDR was at 16395 and KRW at 1445. Fears that US President Donald Trump's aggressive tariff policies could trigger a broader economic slowdown have undermined the greenback, said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP. Meanwhile, the US dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.19 per cent higher at

Dollar dented by worries over Trump's tariffs; euro remains in favour

The euro has strengthened after German parties on Friday agreed on a fiscal deal that could boost defence spending and revive growth in Europe's largest economy

Rupee rises 25 paise to 86.80 against US dollar during early trade

The rupee appreciated 25 paise to 86.80 against the US dollar in early trade on Monday, as domestic equities opened on a higher note and Asian currencies continued to remain on the stronger side. Forex traders said the rupee could extend its gains in the near-term, as the dovish Fed expectation has pressured the greenback, further aiding the rupee's recovery. However, global risk sentiment and oil price movements will play a crucial role in determining the next leg of the rupee's trajectory. At the interbank foreign exchange, the rupee opened at 86.90 against the greenback, then gained some ground and touched 86.80 against the greenback, up 25 paise from its previous close. On Thursday, the rupee surged 17 paise to settle at 87.05 against the US dollar. Forex, stock markets were closed on Friday on the occasion of Holi festival. "The USD/INR pair is expected to trade within the 86.80-87.40 range in the near to medium-term. A breakout beyond this band could trigger an additional m