DNA: 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 all-time low of 80 against US dollar, subdues Indian stock indices
After two consecutive days of gains, Indian stock indices declined marginally in early trade on Tuesday, weighed down by a consistent depreciation of the rupee.
Jul 19, 2022, 13:09 PM ISTRBI will not allow 'jerky movements' of Rupee: Deputy Governor Patra
Addressing an interactive session on 'Geo-Political Spillovers and Indian Economy', he attributed the lesser depreciation of Rupee to high foreign exchange reserves of around USD 600 billion.
Jun 24, 2022, 14:53 PM ISTRupee hits new record low, falls 11 paise to 77.85 against US dollar
Persistent foreign capital outflows, elevated global crude oil prices and risk-averse sentiments also impacted the domestic unit, forex traders said.
Jun 10, 2022, 16:07 PM ISTRupee hits new record low against US dollar
At the interbank foreign exchange, the rupee opened at 77.74 against the American dollar, then fell further and touched its intra-day record low of 77.81, registering a fall of 13 paise from the last close.
Jun 09, 2022, 14:10 PM ISTRupee rises 4 paise to 77.66 against US dollar in early trade
However, unabated foreign fund outflows and surging crude prices in the international markets restricted the rupee's gain, forex dealers said.
May 23, 2022, 09:55 AM ISTRupee falls 30 paise to 77.55 against US dollar in early trade
Besides, persistent foreign fund outflows and elevated crude oil prices impacted the domestic unit, forex traders said.
May 12, 2022, 11:18 AM ISTRupee slumps 52 paise to all-time low of 77.42 against US dollar in early trade
At the interbank foreign exchange, the rupee opened at 77.17 against the American dollar, then lost ground to quote at 77.42, registering a fall of 52 paise from the last close.
May 09, 2022, 10:25 AM 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 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 ISTRupee suffers worst one-day fall of the year
Weak domestic equity market and unabated foreign fund outflows also weighed on the Indian currency.
Aug 05, 2019, 14:51 PM ISTRupee rises 26 paise to 69.00 vs dollar in early trade
Forex dealers said, selling of the American currency by exporters, fresh foreign fund inflows and easing crude oil prices supported the rupee.
Jun 04, 2019, 10:14 AM ISTRupee rises 31 paise to 69.39 vs dollar in early trade
Forex dealers said, the local currency gained strength ahead of the Reserve Bank of India's monetary policy meet. The Monetary Policy Committee (MPC), which decides on key interest rates, will hold a meeting on June 3, 4 and 6.
Jun 03, 2019, 10:37 AM ISTRupee slips 22 paise to 69.73 vs dollar in early trade
Forex traders said the strengthening of the greenback vis-a-vis other currencies overseas and weak opening in domestic equities added pressure to the local unit.
May 28, 2019, 10:12 AM ISTRupee opens marginally higher in early trade
Forex dealers said, foreign fund outflows, rising crude prices and US-China trade related concerns weighed on the domestic currency.
May 14, 2019, 10:08 AM ISTRupee skids 18 paise to 69.89 vs dollar in early trade
Forex traders said, the US-China trade concerns also weighed on the domestic currency.
May 09, 2019, 09:56 AM ISTRupee slips 21 paise to 69.64 vs dollar in early trade
Forex traders said, besides the US-China trade concerns, foreign fund outflows, heavy selling in domestic equities and rising crude oil prices also kept pressure on the Indian rupee.
May 08, 2019, 10:01 AM IST