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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 extended its losing streak for a third consecutive session on Friday, slipping 10 paise to 90.44 against the US dollar. Persistent foreign fund outflows, and a stronger greenback, continued to drag down the domestic currency. In early interbank trade, rupee opened at 90.37 before drifting further to 90.44, down from its previous close. Earlier…
Rupee started Wednesday on a weak note but recovered to gain 11 paise against the US dollar in early trade, buoyed by easing crude oil prices and a softer US currency in overseas markets. In the interbank foreign exchange market, the domestic unit opened weaker at 90.26 against the greenback but soon inched higher touching…
Rupee began the week in red, falling 5 paise to 90.23 against the US dollar in early Monday trade, weighed down by rising crude oil prices and persistent outflows from foreign investors. Traders said that ongoing geopolitical tensions and worries over potential US tariffs on Indian exports led foreign institutional investors to offload domestic equities….
MUMBAI: The rupee weakened on Friday due to dollar demand from maturing offshore positions and corporate hedging. It closed at 90.16 per dollar, 14 paise down from its previous close. Falling equities added to the pressure. Elevated dollar demand weighed intraday, though sporadic dollar sales near the lows capped losses and kept sentiment cautious.“The rupee…
The rupee opened lower on Friday, slipping seven paise to 89.97 against the US dollar amid continued foreign investor selling and a rise in global crude oil prices. Furthermore, US tariffs and muted domestic equity market sentiment drove foreign institutional investors to sell, placing additional pressure on the local currency. The rupee had opened at…
The rupee showed slight improvement against the US dollar on Wednesday, surging 26 paise to reach 89.92 in early trading. This came due to a weaker dollar globally and falling crude oil prices. The currency had already shown positive movement on Tuesday, ending its four-day decline.Starting the day at 90.20, the rupee kept getting stronger…
Rupee began strong on Tuesday, strengthening by 18 paise to 90.12 against the US dollar, snapping its four-day losing streak.The currency’s rebound comes a day after it ended lower on Monday, closing at 90.30 against the greenback amid ongoing geopolitical uncertainty and weak domestic equities. According to traders, after the American military operation in Venezuela,…
NEW DELHI: Rupee continued to slide against the US dollar on Monday. It ended 8 paise lower at 90.28 (provisional) against the US dollar, pressured by firm American currency and weak equity market sentiment.Renewed geopolitical tensions triggered by the US military action in Venezuela strengthened the dollar across global markets, forex dealers said, overshadowing the…
Rupee opened the week on a weak note, slipping 4 paise to 90.24 against US dollar in early trade on Monday, extending its downward momentum from 2025. The decline was triggered by ongoing geopolitical uncertainty as US intervention in Venezuela boosted demand for the American currency.Last week on Friday, the currency had fallen below the…
