Much of Rupee's weakness linked to strong US dollar index: SBI Research
On repo rate, the report said it should go up to 5.8- 6.0 per cent if the government targets a fiscal deficit of 4.5 per cent of GDP."
Sep 25, 2022, 12:25 PM IST
Rupee 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 IST
Rupee depreciates 4 paise to 79.96 against US dollar in early trade
The rupee depreciated 4 paise to 79.96 against the US dollar in opening trade on Wednesday amid demand for dollar from oil importers and firm crude oil prices.
Jul 20, 2022, 11:16 AM IST
Rupee 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 IST
Rupee 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 IST
Post RBI policy decision, Indian rupee surges 23 paise to 75.80 against US dollar
The rupee advanced 23 paise to 75.80 against the US dollar in the opening trade on Friday, amid the Reserve Bank of India maintaining status quo on the benchmark lending rate. Announcing the monetary policy, RBI Governor Shaktikanta Das said the Indian economy has large forex reserves and that it stands ready and resolute to defend the economy.
Apr 08, 2022, 13:20 PM IST
Pakistani rupee falls to a record low, depreciates 30.5% against US dollar under Imran Khan govt
According to reports, the value of the Pakistani rupee has fallen from Rs 123 against the USD in August 2018 to Rs 177 against the USD in December 2021. This makes it one of the highest devaluations of the currency in the country's history.
Dec 08, 2021, 06:33 AM IST
Pakistan rupee tumbles to fresh all-time low against US dollar
The Pakistani rupee on Wednesday tumbled to a fresh all-time low at Rs 173.50 against the greenback.
Oct 20, 2021, 12:59 PM IST
Indian 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 IST
Facing heat over crumbling economy, Pakistan's finance minister steps down
Asad Umar had been facing enormous heat - particularly from political rivals - at a time when the Pakistani economy is in absolute shambles.
Apr 18, 2019, 15:17 PM IST
Rupee rises for 3rd day; spurts 28 paise to 70 vs USD
This is the third straight session of gain for the domestic currency, during which it has strengthened by 92 paise.
Mar 07, 2019, 18:02 PM IST
Rupee sheds 30 paise against US dollar in early trade
Strength in dollar against some currencies overseas and a lower opening in domestic equities kept pressure on the domestic unit, dealers said.
Feb 26, 2019, 09:52 AM IST
Rupee gains 2 paise to 71.22 vs US dollar
Meanwhile, the benchmark BSE Sensex fell 56.40 points, or 0.16 per cent, to 35,841.95 in opening trade Friday.
Feb 22, 2019, 12:44 PM IST
Rupee plunges 110 paise to 72.42 per US dollar in early trade
On Monday, the Indian rupee tumbled 50 paise to close at 71.32 against the US dollar.
Dec 11, 2018, 10:49 AM IST
Rupee breaks 4-day winning run, drops 88 paise at 70.46 per dollar
Forex dealers said increased dollar demand from importers amid firming global crude oil prices and a strong dollar weighed on the rupee sentiment.
Dec 03, 2018, 18:13 PM IST
Rupee rises 17 paise to 70.62 against USD on easing crude prices
Forex dealers said the greenback's weakness against some currencies overseas also aided the domestic currency.
Nov 28, 2018, 18:15 PM IST
Rupee rises 39 paise to 70.30 against dollar in early trade
Traders said the weakness in the greenback against some currencies overseas and a higher opening of domestic equities supported the rupee.
Nov 26, 2018, 10:01 AM IST
Rupee strengthens 29 paise to 71.38 against US dollar
Besides, the dollar's weakness against some currencies overseas also supported the rupee.
Nov 20, 2018, 09:46 AM IST
Rupee sheds 9 paise to 72.02 against US dollar
Fresh demand for the American currency from importers amid rise in crude prices weighed on the domestic unit, dealers said.
Nov 19, 2018, 10:14 AM IST
Rupee rises 24 paise against dollar on fresh fund inflow, easing crude prices
Brent crude, the international benchmark, fell eased by 0.47 percent to USD 65.81 a barrel.
Nov 15, 2018, 09:37 AM IST
