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Rupee opened in green on Friday, climbing 9 paise to 90.25 against the US dollar, as currency markets reacted to optimism around the India-US trade deal but remained cautious ahead of the Reserve Bank of India’s monetary policy announcement. The early gains came after the currency ended Thursday’s session higher by 13 paise at 90.34…
Rupee opened on a weak note on Wednesday, slipping 22 paise to 90.54 against the US dollar, after recording a strong rally in the previous session.The currency recorded a strong performance on Tuesday, soaring 122 paise, or 1.33%, to settle at 90.27 against the dollar. The spike came after India and the United States announced…
Rupee began February on a stronger note, rising 18 paise to 91.75 against the US dollar in early trade on Monday. The gain comes after last week’s weakness, when the currency had slipped to the 92 mark against the greenback.Earlier on Friday, rupee had hit an all-time low of 92.02 before recovering to close 6…
Rupee continued its fall on Thursday, sliding to 92 mark against the US dollar. The currency has been in constant pressue due to persistent demand for the greenback and a cautious global market.According to currency dealers, the domestic unit was dragged down after the dollar index rebounded from multi-year lows, following the US Federal Reserve’s…
The rupee’s slide to a historic low of 92 against the US dollar on January 23 is beginning to pinch wallets, making everything from crude oil, electronics to overseas education and foreign travel more expensive, while offering some relief to exporters.The local currency slid to an all-time low of 92 per dollar during the day…
Rupee continued its upward rally on Friday, rising 17 paise to 91.41 against the US dollar in early trade. This comes after US President Donald Trump softened his stance on tariff threats against Europe over Greenland, easing fears of another trade war. Forex traders said that the US President’s change in stance lowered near-term geopolitical…
Rupee hit a new low on Wednesday, falling 23 paise to reach 91.20 against the US dollar in early trade, extending its downward streak. Earlier on Tuesday, the currency had closed at a record low of 90.97, down 7 paise amid strong demand for dollars from metal importers and continued foreign fund outflows that weighed…
Representative image (AI-generated) The Indian rupee weakened by 7 paise on Tuesday, closing at a record low of 90.97 against the US dollar. This comes as strong dollar demand from metal importers and continued foreign fund outflows weighed on investor sentiment.Forex traders said that the rising geopolitical uncertainties, including fresh US expansionary signals, have increased…
Rupee continued to fall on Tuesday, slipping 8 paisa in early trade, to reach 90.98 against the US dollar.The currency had already taken a heavy hit earlier on Monday, breaching the crucial 91.01 mark before closing 12 paise lower at 90.90 against the dollar. The dip came due to strong dollar demand from metal importers…
The rupee weakened for the fourth straight session on Monday, breaching the 91-per-dollar level for the second time in a month before closing 14 paise lower at 90.92 (provisional) against the US dollar, pressured by sustained foreign fund outflows and risk aversion linked to global trade uncertainties, dealers said.At the interbank foreign exchange market, the…
