INDIARupee Ends at Weakest Level Amid Weakness in Asia FXAli WaghbakriwalaAugust 6, 2024August 6, 2024 by Ali WaghbakriwalaAugust 6, 2024August 6, 20247 1479 The Indian rupee on 6 August slipped and closed to its weakest level on record, following the pressure from the decline in its Asian peers...
INDIAIndia’s Shrinking Current Account Gap Offers Respite for RupeeChinmay BohraMarch 27, 2023March 27, 2023 by Chinmay BohraMarch 27, 2023March 27, 202301416 Economists have revised their forecast for India’s current account deficit, citing favourable trade trends that have strengthened the rupee. According to a report by Bloomberg,...
ECONOMYIndian Rupee Falls Below 81 Mark Against US Dollar for First TimeNileshSeptember 23, 2022September 23, 2022 by NileshSeptember 23, 2022September 23, 202201445 The Indian rupee fell below the 81 mark against the dollar for the first time on Friday, hitting a record low, while the 10-year bond...
ECONOMYRupee Hits Record Low as Dollar Climbs to 20-Year HighNileshSeptember 22, 2022 by NileshSeptember 22, 202201138 The dollar climbed to a fresh two-year high, and the rupee fell to a record low early Thursday after the Federal Reserve raised interest rates...
STOCK MARKETRupee Falls 4 Paise to 79.88 Against US DollarNeha VermaAugust 23, 2022August 23, 2022 by Neha VermaAugust 23, 2022August 23, 202201761 Today, The rupee depreciated 4 paise to 79.88 against the US dollar in the morning trade in domestic markets. The rupee opened at 79.85 against...
ECONOMYRBI Dive in Forex Markets Keeps Rupee From Sinking Below 80Neha VermaJuly 16, 2022July 16, 2022 by Neha VermaJuly 16, 2022July 16, 202201472 The intervention of the Reserve Bank of India (RBI) has saved the rupee from breaching the psychologically critical mark of 80 to a dollar in...
BUSINESSRupee Advances 13 Paise to 77.47 Against US DollarNeha VermaJune 3, 2022June 3, 2022 by Neha VermaJune 3, 2022June 3, 202201457 On Friday, the rupee appreciated 13 paise to 77.47 against the US dollar, supported by a fall in the dollar index and positive domestic equities....
BUSINESSRupee Hits Low of 77.56/$ Amid High Crude Oil PricesNeha VermaMay 18, 2022May 18, 2022 by Neha VermaMay 18, 2022May 18, 202201265 On Tuesday, the rupee hit an all-time down as it closed at 77.56 to the dollar amid the price of high crude oil. The rupee...
BUSINESSRupee Ends 2021, Settles 13 Paise Higher Against US DollarNeha VermaJanuary 1, 2022January 1, 2022 by Neha VermaJanuary 1, 2022January 1, 202201613 The rupee surged 13 paise to close at 74.29 against the US dollar on the last trading session of 2021, tracking positive domestic equities amid...
BUSINESSForwards Premium on Rupee-Dollar Soars Upto 360bpsNeha VermaMay 4, 2021May 4, 2021 by Neha VermaMay 4, 2021May 4, 202101238 The rupee gained 0.20 per cent to shut at 73.93 to a greenback Monday. It could lengthen losses up to 75 to a greenback as...