indian currency

Rupee hits new low, slips to 70.26 against US dollar

Rupee breached 70 per dollar mark for the first time on Tuesday.

Aug 16, 2018, 09:16 AM IST

The clue to demonetisation lies in a suicide in Pakistan

Demonetisation was a pre-emptive strike on Pakistan's response to the surgical strikes.

Aug 14, 2018, 18:04 PM IST

Money market closed for Chhatrapati Shivaji Jayanti

The rupee plummeted 30 paise to end at a fresh one-week low of 64.21 against the US dollar on Friday, hit by a double whammy of rising global crude prices and worsening trade deficit.

Feb 19, 2018, 10:01 AM IST

Rupee weakens by 12 paise to 63.61 against US dollar

Dealers attributed the rupee's fall to dollar's strength against some other currencies overseas but a higher opening in the domestic equity market capped the fall.

Jan 16, 2018, 09:38 AM IST

Weekly review: Rupee heads into 2018 at 4-month high; up 6%

The home currency ended the last trading week of the year with a healthy 18 paise jump after a brief consolidation.

Dec 30, 2017, 15:57 PM IST

Weekly review: Rupee ended little changed with negative bias against dollar

Overall forex market sentiment witnessed a near-term turmoil after a sense of panic and disbelief rippled through currency trading after initial trends suggested that the ruling BJP was lagging behind in Gujarat election results.

Dec 23, 2017, 17:49 PM IST

Weekly review: Rupee shoots up to end at fresh three-month high

It has appreciated by a whopping 112 paise during the multi-week rally.

Dec 16, 2017, 16:50 PM IST

Weekly review: Rupee continues its highly bullish run for 3rd straight week

Rupee ends at fresh two-month high of 64.46 against dollar.

Dec 02, 2017, 17:17 PM IST

Weekly review: Rupee retains momentum for second-straight week

Frantic unwinding in the greenback largely helped the home currency to stay positive despite initial wobble.

Nov 25, 2017, 16:26 PM IST

Here's why IndiGo says it can't accept Indian currency for on-board sales

The clarification by the airline comes in the wake of allegation by a businessman that said the crew in an IndiGo flight plying from Bengaluru to Dubai refused to accept Indian currency.

Nov 22, 2017, 19:31 PM IST

Fresh trouble for IndiGo: Sedition complaint filed against airline for not accepting Indian currency

Speaking to Zee News, Pramod Kumar said the the IndiGo flight crew didn’t accept payment in Indian currency citing rules. However, the norms say that a passenger can pay in the currency of the country from where he/she takes the flight and where he/she lands.

Nov 21, 2017, 14:37 PM IST

Rupee recovers marginally, hovers below 65 vs USD

The rupee had lost 28 paise to close at 65.02 yesterday due to fresh bouts of demand for the greenback amid renewed Fed rate hike fears.

Oct 18, 2017, 09:48 AM IST

Rupee jumps 11 paise to 65.25 vs USD

The risk-on approach pushed exporters and banks increasingly away from the dollar.

Oct 10, 2017, 10:20 AM IST

Rupee crashes to 6-month low of 65.10 vs USD

This was the weakest closing for the home currency since March 24, when it had ended at 65.41 against the greenback.

Sep 25, 2017, 19:46 PM IST

RBI intervening to stem rupee's appreciation: CEA Arvind Subramanian

Subramanian said there was a "big" appreciation of the rupee between January and April which had adversely impacted Indian exports and the country`s import-competing sectors.

Sep 25, 2017, 13:31 PM IST

Rupee hits 4-month low against dollar, drops 31 paise

Dealers said early losses in domestic equity markets and unabated foreign fund outflows weighed on the rupee.

Sep 22, 2017, 10:32 AM IST

Rupee crashes 54 paise to 2-1/2-month low on Fed rate hike hint

This was the lowest level the domestic currency had seen since since July 3 this year, when it had closed at 64.88 against the US dollar.

Sep 21, 2017, 20:00 PM IST

Rupee gains 6 paise to 64.27 vs USD ahead of Fed meet outcome

The home currency plunged sharply to hit a low of 64.43 in mid-morning session on heavy dollar demand before recuperating losses.

Sep 20, 2017, 19:14 PM IST

Rupee slips to nearly 2-month low of 64.33 vs USD

The domestic currency has lost 25 paise, or 0.39 percent, in the last two days.

Sep 19, 2017, 19:40 PM IST

Rupee to average 64.3 vs USD in FY18: UBS

According to the global financial services major, it has been among the better performing currencies in the emerging markets and has appreciated 6 percent so far this year, but there are few triggers left for a sharp rally of the rupee from its current level.

Sep 18, 2017, 14:12 PM IST