Indian Rupee today: The domestic currency closed 7 paise higher at 87.73 against the dollar on Wednesday, according to Bloomberg
Indian Rupee today: The domestic currency opened 7 paise higher at 87.73 against the dollar on Wednesday, according to Bloomberg
Rupee touches 87.89/$ amid escalating US trade threats, nears record low but closes at 87.80 after RBI steps in; markets now eye RBI policy decision
Indian Rupee today: The domestic currency closed 14 paise lower at 87.80 against the dollar on Tuesday, according to Bloomberg
Indian Rupee today: The domestic currency opened 16 paise lower at 87.82 against the dollar on Tuesday, according to Bloomberg
Sentiment on the rupee has been fragile due to the hefty tariffs on Indian goods. On Monday, the pressure intensified, with the rupee falling despite the dollar weakening broadly
Indian Rupee today: The domestic currency closed 12 paise lower at 87.66 against the dollar on Monday, according to Bloomberg
Indian Rupee today: The domestic currency closed 34 paise higher at 87.20 against the dollar on Monday
Some early resilience in US stock futures and a continued retreat in oil prices did help limit the losses, but the bleak message from the July payrolls report was hard to ignore
Starting Monday, silver futures contracts will be traded in US dollar denominations at Gujarat International Finance Tec-City (GIFT City), with the launch on the India International Bullion Exchange
The rupee inched up against the US dollar on August 1, likely aided by RBI intervention, even as foreign outflows and negative sentiment from US tariffs kept pressure on the currency
Indian Rupee today: The domestic currency closed 6 paise higher at 87.54 against the dollar on Friday, according to Bloomberg
The Indian Rupee trades at its lowest levels since February this year, and depreciated 2.14 per cent in July, the highest monthly fall since September 2023
The local currency fell 2.09% in July, its steepest monthly loss since September 2022, amid US tariff pressure, portfolio outflows, and global dollar strength
India Rupee today: The domestic currency closed 60 paise lower at 87.42 against the dollar on Wednesday, the lowest level since February 28 this year
Indian Rupee today: The domestic currency opened 28 paise lower at 87.10 against the dollar on Wednesday, the lowest level since March 13 this year
Indian Rupee today: The domestic currency closed 15 paise lower at 86.82 against the dollar on Tuesday, the lowest level since March 17 this year
Indian Rupee today: The domestic currency opened 16 paise lower at 86.83 against the dollar on Tuesday, the lowest since March 17 this year
Indian Rupee today: The domestic currency opened 4 paise higher near the one-month low mark of 86.47 against the dollar on Monday
India's forex kitty declined by USD 1.183 billion to USD 695.489 billion during the week ended July 18, the RBI said on Friday. In the previous reporting week, the overall kitty had dropped by USD 3.064 billion to USD 696.672 billion. The reserves had touched an all-time high of USD 704.885 billion in end-September 2024. For the week ended July 18, foreign currency assets, a major component of the reserves, slipped by USD 1.201 billion to USD 587.609 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 held in the foreign exchange reserves. However, the gold reserves increased by USD 150 million to USD 84.499 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were down by USD 119 million to USD 18.683 billion, the apex bank said. India's reserve position with the IMF declined by USD 13 million to USD 4.698 billion in