April 25, 2018 07:45 PM IST
After a brief overnight recovery, the domestic unit tumbled following panic dollar buying by corporates and importers.
April 25, 2018 12:05 PM IST
The rupee weakened to a fresh 13-month low by falling 27 paise to 66.65 against the American currency on bouts of month-end dollar demand from importers amid crude price volatility and rising US bond yields.
April 25, 2018 09:39 AM IST
The rupee depreciated 21 paise to 66.59 against the US dollar today at the interbank foreign exchange due to appreciation of the greenback amid rising US bond yields and surge in global crude oil prices. Also, a lower opening in the domestic equity market too weighed on the investor sentiment.
April 24, 2018 07:30 PM IST
The rupee fell nearly 2 percent against US dollar in the previous six sessions amid rising crude prices, sustained capital outflows and growing concerns over widening trade deficit.
April 24, 2018 09:35 AM IST
The rupee strengthened by 8 paise to 66.40 against the US dollar in opening trade at the interbank foreign exchange market today on some selling of the greenback by exporters and banks.
April 23, 2018 07:49 PM IST
Moreover, the Indian currency has been under pressure on growing market conviction of higher interest rate cycle after minutes of RBI's last policy meeting indicated a shift to more hawkish stance in June despite easing inflation.
April 23, 2018 02:47 PM IST
The Reserve Bank of India today fixed the reference rate of the rupee at 66.2177 against the US dollar and 81.2690 for the euro.
April 23, 2018 09:35 AM IST
Falling for the sixth consecutive session, the rupee weakened by 4 paise to 66.16 against the US dollar in opening trade at the interbank foreign exchange market today, amid foreign capital outflows.
April 20, 2018 07:25 PM IST
Extending its slide for a fifth day, the domestic currency took a hit of 32 paise to close at more than one-year low as the RBI's surprised hawkish tone kept overall sentiment bearish.
April 19, 2018 07:25 PM IST
The Indian currency logged its lowest closing since March 14, 2017, when it had closed at 65.82 against the US dollar. The rupee emerged as the worst performer among the major Asian and emerging market currencies.
April 19, 2018 09:31 AM IST
The rupee depreciated 15 paise to 65.81 against the US dollar in opening trade at the interbank forex market today on increased demand for the greenback from importers and banks amid soaring crude oil prices overseas.
April 18, 2018 07:25 PM IST
The rupee had fallen to a low of 65.79 in early trade but the RBI's suspected intervention helped the currency recover to a day's high of 65.59.
April 18, 2018 09:39 AM IST
The rupee weakened by another 14 paise, nearing a fresh seven-month low of 65.78, against the US dollar in early trade at the interbank forex market today on fresh demand for the greenback from importers and banks.
April 16, 2018 07:27 PM IST
The Indian unit was the biggest loser among Asian currencies which suffered due to a strong US dollar after the strike on Syria by the US, the UK and France.
April 16, 2018 09:43 AM IST
The rupee fell 20 paise to 65.40 against the US dollar in early trade today on global trade war concerns, dip in India's exports in March and a sharp drop in domestic equities.
April 14, 2018 09:32 AM IST
Globally, this is the market which has historically seen the most amount of traction and liquidity; however, domestically most efforts to build a buoyant market for exchange-traded currency have missed the mark hitherto.
April 13, 2018 06:51 PM IST
Easing global trade war fears after US President Donald Trump hinted that military action in Syria might not be imminent along with some consolidation in global crude prices kept forex market sentiment buoyant.
April 13, 2018 09:52 AM IST
After opening higher, the rupee shed 3 paise to 65.29 against the US dollar in early trade today despite better-than-expected inflation numbers released yesterday.
April 12, 2018 07:21 PM IST
Intra-day, the Indian currency fell to a fresh five-month low of 65.45 before eventually recouping all losses.
April 11, 2018 09:39 AM IST
The rupee depreciated 12 paise to 65.11 against the US dollar in opening trade today ahead of the release of US Fed meeting minutes scheduled later in the day.
April 10, 2018 07:26 PM IST
Despite a strong start, the home currency erased all its morning gains during intra-day due to renewed dollar demand from importers, but eventually managed to settled the day in positive zone.
April 10, 2018 09:00 AM IST
The Indian rupee opened higher by 15 paise at 64.87 per dollar versus 65.02 yesterday.
April 09, 2018 07:48 PM IST
The comments from Khan come after the CBI quizzed him as part of its ongoing probe in the Rs 13,000-crore PNB fraud case.
April 09, 2018 06:07 PM IST
The pound sterling also finished higher at 91.76/78 per pound against 90.96/98 earlier.
April 09, 2018 09:04 AM IST
The Indian rupee opened higher by 12 paise at 64.85 per dollar on Monday versus 64.97 Friday.
