Indian Rupee hits all-time low of 81.90 after falling 37 paise on Wednesday
The Indian rupee has weakened sharply in recent days largely due to a strengthening of the US dollar.For the record, the US Federal Reserve had raised the repo rate by 75 basis points.
Sep 28, 2022, 20:21 PM ISTWeakening rupee to make import of crude oil, commodities expensive, fuel inflation
India's trade deficit more than doubled to USD 27.98 billion in August due to increased crude oil imports.
Sep 25, 2022, 17:58 PM ISTIndian Rupee has held up very well against US Dollar compared to others amid volatility: FM Nirmala Sitharaman
Sitharaman was in Pune to review a meeting of centrally sponsored schemes. The Indian rupee fell to an all-time low against the US dollar on Friday, breaching the 81 mark, as the greenback strengthened on the back of the Federal Reserve repo rate hike.
Sep 25, 2022, 07:25 AM ISTRupee slides to 80 mark again following US Fed rates hike
Meanwhile, the Indian currency rupee breached the psychologically crucial 80 mark again to touch another fresh all-time of 80.44 against the US dollar against its previous day close of 79.97. This sharp depreciation was because of the current strength in the US dollar Index.
Sep 22, 2022, 16:26 PM ISTRupee vs Dollar: Rupee falls 19 paise to close at 79.64 against USD
Forex traders said the US dollar index witnessed an upturn after the Federal Open Market Committee (FOMC) meeting minutes showed that though things are slowing in the US, the Fed is not done with the rate hikes. The dollar index, which gauges the greenback's strength against a basket of six currencies, rose 0.10 percent to 106.68.
Aug 18, 2022, 17:02 PM ISTDNA: Dollar Vs Rupee -- How fall in currency will affect India?
The weakening of the rupee against the dollar is not breaking news and we have become accustomed to it over the years. This is also because this decline has continued in this way in every government. But the big question is, how worrying is this fall in the rupee?
Jul 21, 2022, 00:08 AM ISTDNA: Rupee Vs Dollar -- Why 'strong' India's rupee is 'weak'?
For the first time in history, the Rupee hits all-time low of 80 against US dollar. The big question is, what message does this fall of the rupee send for the Indian economy?
Jul 21, 2022, 00:04 AM ISTDNA: What does historical fall in rupee means, explains Anil Singhvi
Even though the fall of rupee in India has not become a breaking news yet, but the big question is, is it really a challenge for our economy? With Anil Singhvi, Managing Editor, Zee Business, understand how the fall of the rupee will affect you.
Jul 20, 2022, 23:44 PM ISTRupee hits fresh low, falls 18 paise to close at 79.03 against US dollar
On Tuesday, the rupee plunged by 48 paise to close at the record low of 78.85 against the US dollar.
Jun 29, 2022, 16:53 PM ISTRupee drops 19 paise to hit all-time low of 78.32 against US dollar
The domestic unit finally ended at 78.32, its all-time closing low and down by 19 paise over its previous close of 78.13.
Jun 22, 2022, 20:42 PM ISTPlanning a low-budget HONEYMOON? THESE 7 countries have the highest value of Indian rupees
Here are a few countries where the Indian rupee has a high value, allowing you to take your spouse on a low budget honeymoon!
Jun 03, 2022, 20:09 PM ISTDigital rupee to be issued by RBI using blockchain and other technologies, says FM Nirmala Sitharaman
The digital rupee will be a digital depiction of an Indian rupee supported by the Reserve Bank of India (RBI).
Feb 01, 2022, 12:08 PM ISTUnbelievable! Indian Rupee was used in Pakistan post Independence for one year
This didn’t stop there as India and Pakistan had to struggle over other issues related to currency and coinage, management of exchange and public debt, transfer of staff and property and division of profits, assets and liabilitie
Aug 13, 2021, 15:23 PM ISTOnline selling and buying of old notes, coins: Know what RBI's caution message says
The Reserve Bank of India has further clarified that it does not deal in such matters and never seeks charges/ commissions of any sort. The RBI has also not authorised any institution/ firm/ person etc. to collect charges/ commission on its behalf in such transactions, said the Central Bank.
Aug 04, 2021, 15:56 PM ISTChina trying to paint dark outlook for Indian economy, warns Global Times
The mouthpiece is known to have a pessimistic view of India and recently faulted India's manufacturing sector.
Jul 25, 2021, 22:42 PM ISTRupee surges to 74.37 against USD after logging biggest single-day fall in over 20 months
At the interbank forex market, the local unit opened at 74.38 against the US dollar, then inched higher to 74.37 against the greenback, registering a rise of 10 paise over its previous close of 74.47.
Apr 08, 2021, 12:54 PM ISTRupee recovers 10 paise to settle at 75.63 on easing trade war concerns
The US dollar declined against major Asian currencies and the euro after a US official said that the country was not planning any punitive action against China over the handling of the coronavirus pandemic.
May 05, 2020, 17:30 PM ISTRupee surges 63 paise to 75.03 against US dollar in early trade
Forex traders said a positive start of domestic stocks supported the local unit.
Apr 30, 2020, 11:00 AM ISTIndian Rupee plunges fresh all-time low of 76.87 against US dollar, tanks 43 paise
During the session, the rupee moved between 76.68 and a low of 76.87 against the US dollar. It had settled at 76.44 against the greenback on Wednesday.
Apr 16, 2020, 17:01 PM ISTRupee closes 1.08 paise lower to 70.65 against US dollar
This was the Indian currency's single biggest session fall against the greenback in nearly six years, the level last seen in September 2013.
Aug 05, 2019, 17:34 PM IST