Page 26 - Us Dollar

Rupee falls 4 paise to 86.61 against US dollar during early trade

The rupee depreciated 4 paise to 86.61 against the US dollar in early trade on Wednesday, due to sustained foreign fund outflows, unabated dollar demand from oil importers and weak risk appetite. Forex traders said the rupee continued to face pressure as investors are awaiting cues from the US FED meeting outcome. Besides, global risk sentiments were dampened amid tariff threats by the US President Donald Trump, they said. At the interbank foreign exchange, the rupee opened at 86.58 then fell further to 86.61 against the American currency, registering a decline of 4 paise over its previous close. On Tuesday, the rupee depreciated 26 paise to close at 86.57 against the US dollar. Forex traders said broad dollar demand, foreign fund outflows pressurised the rupee. However, a decline in crude oil prices cushioned the downside. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was at 107.83, lower by 0.03 per cent. Brent crude, the

Reserve Bank of India's $5 billion swap shakes up rupee and bond markets

Forward premiums dip, rupee slides, and bond yields fluctuate

Rupee falls 26 paise to 86.57 against US dollar during early trade

The rupee depreciated 26 paise to 86.57 against the US dollar in early trade on Tuesday, due to unabated dollar demand from oil importers and weak risk appetite. Forex traders said the rupee continued to face pressure due to sustained foreign fund outflows and the strength of the American currency in the overseas market. Moreover, the upcoming Union Budget will play a crucial role in shaping market sentiment and the rupee's trajectory, as expectations are high for favourable measures aimed at rekindling foreign investments. At the interbank foreign exchange, the rupee opened at 86.53 then fell further to 86.57 against the American currency, registering a decline of 26 paise over its previous close. On Monday, the rupee depreciated 9 paise to close at 86.31 against the US dollar. The Indian rupee fell this morning as risk aversion was the name of the game, said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP. "FPIs continued their selling

Rupee depreciates 22 paise to 86.44 against US dollar in early trade

The rupee depreciated 22 paise to 86.44 against the US dollar in early trade on Monday, weighed down by the strength of the American currency in the overseas market and a muted trend in domestic equities. Forex traders said the Indian rupee gained on Friday but opened on a lower note on Monday as Trump Tariffs uncertainty gained. At the interbank foreign exchange, the rupee opened at 86.35 then fell further to 86.44 against the American currency, registering a decline of 22 paise over its previous close. On Friday, the rupee appreciated 22 paise to close at 86.22 against the US dollar. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was at 107.67, higher by 0.21 per cent, after Trump threatened to apply 25 per cent Tariffs on Colombia after the plane carrying migrants was returned by the country. Meanwhile, the US has paused sanctions and tariffs on Colombia after it agreed to accept all the terms of President Donald Trump, ..

Asia equities slide with US futures on China's AI push; dollar firms

US Nasdaq Composite futures tumbled 1.8 per cent as of 0158 GMT and S&P 500 futures sank 0.9 per cent

Depreciating rupee offers opportunities for NRIs, GCCs; risks remain ahead

While firms like KPMG, Emkay Global, CRISIL, and Anarock see potential gains for overseas investors, they also caution about the challenges ahead if the rupee's fall continues

Dollar on track for worst week since Nov 2023 amid Trump policy fears

The dollar index was last down 0.67 per cent on the day at 107.42. It reached 110.17 on Jan. 13, the highest since November 2022

Amid FII outflow, Rupee falls 12 paise to settle at 86.47 against dollar

The rupee declined 12 paise to settle at 86.47 (provisional) against the US dollar on Thursday amid the strengthening American currency and continuous outflow of foreign funds. However, positive domestic equity markets and lower crude oil prices supported the Indian currency at lower level, forex traders said. At the interbank foreign exchange, the rupee opened at 86.46 and moved between high of 86.38 and low of 86.52 against the greenback during the session. The local unit settled at 86.47 (provisional) against the US dollar, registering a loss of 12 paise from its previous close. On Wednesday, the rupee appreciated 23 paise to close at 86.35 against the dollar. Anuj Choudhary, Research Analyst at Mirae Asset Sharekhan, said the rupee declined on a strong US dollar and recovery in the US treasury yields. FII outflows too weighed down the local unit. However, weak crude oil prices and positive domestic markets cushioned the downside. "Investors may remain cautious ahead of Bank of

Gold near 3-month high on softer dollar, Trump policy uncertainty

Spot gold added 0.4% to $2,755.19 per ounce as of 1200 GMT. The price hit its highest level in 12 weeks earlier in the session and is close to its record peak of $2,790.15 reached in October

Rupee rises 17 paise to 86.28 against US dollar during early trade

Rupee appreciated 17 paise to 86.28 against the US dollar in morning trade on Tuesday, as the US dollar index and crude oil prices retreated from their elevated levels. Forex traders said the dollar weakened from its 109 levels but clawed back to 108.31 as Donald Trump declared tariffs against Canada and Mexico in the near future but stopped short of declaring any tariffs against China. While uncertainty eased slightly, concerns regarding tariffs still lingered in the background, as the traders began to adjust their expectations, betting that even if tariffs were imposed, they would likely be less aggressive, traders said. At the interbank foreign exchange, the rupee opened at 86.28, registering a rise of 17 paise from its previous close of 86.45 against the greenback. The local unit also touched 86.43 against the US dollar initial trade. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading lower by 0.94 per cent at ...

US dollar tumbles as Trump suggests tariff delay, vows slew of exec orders

Sworn in as the 47th president of the United States, Trump, in his half-hour speech, listed a series of executive actions he intends to take immediately

Rupee expected to appreciate a bit, to hover around 85-86 per US dollar

Rupee is expected to appreciate a bit and stabilise around 85-86 a dollar in the coming weeks with RBI's continued focus on stability of the domestic currency, Deloitte economist Rumki Majumdar said. She said that the rupee may not now see the level of 83 despite RBI's intervention and the Indian currency being more stable than others. The rupee tanked last week to hit its all-time low of 86.70 against the US dollar as massive foreign fund outflows and falling domestic equity markets dented investor sentiment. The rupee on January 13 logged its steepest single-day fall in nearly two years and ended the session 66 paise down at its historic low of 86.70 against the US dollar. The currency's previous record one-day fall of 68 paise was witnessed on February 6, 2023. The domestic currency has depreciated by over 1 per cent in 2025 so far following a nearly 3 per cent decline in 2024 due to a strong dollar and FII outflows. The rupee closed at 86.60 a dollar on Friday. "I was quite ...

Rupee gains 3 paise to 86.58 against US dollar during early trade

The rupee rose 3 paise to 86.58 against the US dollar in early trade on Friday on the back of softening American currency. Higher crude oil prices and volatile global trends failed to prevent the withdrawal of foreign funds from domestic equities, capping a significant recovery in the Indian currency, forex traders said. At the interbank foreign exchange, the rupee opened at 86.60 and touched a high of 86.55 before trading at 86.58 against the greenback in initial deals, 3 paise higher from its previous close. On Thursday, the rupee depreciated 21 paise to close at 86.61 against the US dollar. The local unit had settled with a gain of 13 paise at 86.40 against the dollar on Wednesday, a day after rebounding 17 paise from its lowest-ever level of 86.70 against the greenback. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.02 per cent lower at 108.80. Brent crude, the global oil benchmark, rose 0.39 per cent but st

A day after rebound, Rupee falls 16 paise to settle at 86.56 against dollar

The rupee depreciated 16 paise to close at 86.56 (provisional) against the US dollar on Thursday, dragged down by a strong American currency overseas, elevated crude oil prices and foreign fund outflows. However, positive domestic equity markets provided some cushion at the lower level, forex traders said. At the interbank foreign exchange, the rupee opened at 86.42 and touched the intraday high of 86.37 before ending the session at 86.56 (provisional) against the greenback, 16 paise lower from the previous close. The local unit settled with a gain of 13 paise at 86.40 against the dollar on Wednesday, a day after rebounding 17 paise from its lowest-ever level. Anuj Choudhary, Research Analyst at Mirae Asset Sharekhan, said the rupee declined due to increased demand for dollars by importers. "Importers may continue to buy dollars, which may further pressurise the rupee. Traders may take cues from retail sales and weekly unemployment claims data from the US. USD-INR spot price is ..

Rupee falls 4 paise to 86.44 against US dollar during early trade

The rupee declined 4 paise to 86.44 against the US dollar in early trade on Thursday amid a firm American currency, rising crude oil prices and outflow of foreign funds. However, positive domestic equity markets resisted a sharp fall in Indian currency, forex traders said. At the interbank foreign exchange, the rupee opened at 86.42 and slipped further to 86.44 against the greenback in initial deals, trading 4 paise lower from its previous close. The rupee settled with a gain of 13 paise at 86.40 against the dollar on Wednesday, a day after rebounding 17 paise from its lowest-ever level. Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04 per cent higher at 108.96. Brent crude, the global oil benchmark, rose 0.37 per cent to USD 82.33 per barrel in futures trade. Analysts said concerns over geopolitical uncertainties are likely to add volatility in dollar until the US gets new administration under President Donal

Rupee slide raises doubts over rate cuts in February, analysts caution

The weaker currency could add to elevated inflation through costlier imports, while a cut in interest rates could dampen already tepid capital flows

Dollar drifts near 2-year high as rate-cut bets fade, eyes on tariffs

The threat of tariffs along with the Federal Reserve's stated measured approach to rate cuts this year have lifted Treasury yields and the dollar

RBI likely sold dollars heavily before local spot market open, say traders

The rupee was last quoted at 86.5150 per US dollar as of 09:35 am IST, up nearly 0.1 per centon the day

Rupee recovers from record low, rises 21 paise to 86.49 against US dollar

The rupee rebounded from its lowest-ever level and appreciated 21 paise to 86.49 against the US dollar in early trade on Tuesday on the back of retreating American currency and easing crude oil prices. According to forex traders, the Indian currency found support from positive inflation numbers and some recovery in domestic equity markets even though the outflow of foreign funds continued to play a negative role. At the interbank foreign exchange, the rupee opened at 86.57 and pared further losses to trade at 86.49 against the greenback in initial deals, 21 paise higher from its previous close. On Monday, the rupee logged its steepest single-day fall in nearly two years and ended the session 66 paise down at its historic low of 86.70 against the US dollar. The fall of 66 paise in one session was the steepest since February 6, 2023, when the unit had lost 68 paise. The Indian currency has plunged more than Re 1 in the past two weeks from the closing level of 85.52 on December 30. I

Rupee logs steepest fall in two years, hits record low of 86.58/$

The rupee weakened to 86 per dollar from 85 in just 16 trading sessions. In contrast, its movement from 84 to 85 took 46 working days, while the shift from 83 to 84 happened in 478 days