Forex

Rupee turns flat at 84.42 against US dollar in early trade

On Tuesday, the rupee settled flat at 84.42 against the US dollar. The foreign exchange market was closed on Wednesday due to assembly elections in Maharashtra.

13 hours ago

Rupee turns flat at 84.42 against US dollar in early trade

13 hours ago

Rupee settles 1 paisa lower at 84.43 against US dollar

At the interbank foreign exchange, the rupee opened at 84.39 and stayed range-bound throughout the session.

19 November 2024, 10:38 IST

Rupee settles 1 paisa lower at 84.43 against US dollar

19 November 2024, 10:38 IST

Rupee rises 2 paise to 84.40 against US dollar in early trade

Forex traders said, however, sustained outflow of foreign funds and an upward movement in crude oil prices put pressure on the local unit and capped its sharp gain.

19 November 2024, 03:53 IST

Rupee rises 2 paise to 84.40 against US dollar in early trade

19 November 2024, 03:53 IST

Rupee rises 8 paise to 84.38 against US dollar in early trade

At the interbank foreign exchange, the rupee opened at 84.42 and strengthened further to 84.38 against the greenback, trading 8 paise higher from its previous close.

18 November 2024, 03:41 IST

Rupee rises 8 paise to 84.38 against US dollar in early trade

18 November 2024, 03:41 IST

Forex kitty drops by $6.477 bn to $675.653 bn

In the previous reporting week, the forex reserves had dropped by $2.675 billion to $682.13 billion.

15 November 2024, 12:16 IST

Forex kitty drops by $6.477 bn to $675.653 bn

15 November 2024, 12:16 IST

Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade

Forex traders said the downward pressure on the USD/INR pair is largely driven by persistent inflation and significant foreign outflows.

14 November 2024, 03:59 IST

Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade

14 November 2024, 03:59 IST

Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade

Forex traders said the USDINR pair has shown significant volatility in recent sessions, with the rupee inching closer to its all-time low of 84.40. This downward pressure is largely driven by global factors, particularly the Dollar Index’s strengthening.

13 November 2024, 04:09 IST

Rupee falls 1 paisa to all-time low of 84.40 against US dollar in early trade

13 November 2024, 04:09 IST

Rupee falls 2 paise to all-time low of 84.40 against US dollar in early trade

Forex traders said the rupee is expected to trade between 83.80 and 84.50 in the medium term with the Reserve Bank of India likely limiting any significant downside, aided by its robust foreign exchange reserves.

12 November 2024, 03:48 IST

Rupee falls 2 paise to all-time low of 84.40 against US dollar in early trade

12 November 2024, 03:48 IST

Rupee falls 2 paise to hit new all-time low of 84.39 against US dollar

Forex traders said the rupee is likely to remain under pressure unless there is a softening in the dollar index or a slowdown in foreign fund outflows.

11 November 2024, 11:00 IST

Rupee falls 2 paise to hit new all-time low of 84.39 against US dollar

11 November 2024, 11:00 IST

Rupee falls 1 paisa to all-time low of 84.38 against US dollar in early trade

Forex traders said the rupee is likely to remain under pressure unless there is a softening in the dollar index or a slowdown in foreign fund outflows.

11 November 2024, 03:49 IST

Rupee falls 1 paisa to all-time low of 84.38 against US dollar in early trade

11 November 2024, 03:49 IST