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Rupees
Rupee falls 2 paise to 83.98 against US dollar
Marginal decline in the value of the greenback against overseas currencies, and rise in the domestic equity market supported the local unit and prevented further slide in the domestic unit.
10 October 2024, 11:01 IST
Rupee falls 2 paise to 83.98 against US dollar
10 October 2024, 11:01 IST
Rupee’s record lows mask currency’s trade-weighted overvaluation
RBI’s intervention in the foreign exchange market has helped limit rupee overvaluation, said Gaura Sen Gupta, chief economist at IDFC FIRST Bank. 'The extent of rupee overvaluation on REER metric has moderated in August,' he added.
22 August 2024, 10:34 IST
Rupee’s record lows mask currency’s trade-weighted overvaluation
22 August 2024, 10:34 IST
Rupee falls 5 paise to close at all-time low of 83.71 against US dollar post-budget
At the interbank foreign exchange market, the local unit opened at 83.64 and touched an intraday high of 83.61 and touched an all-time intraday low of 83.71 against the dollar during the trading session.
23 July 2024, 11:32 IST
Rupee falls 5 paise to close at all-time low of 83.71 against US dollar post-budget
23 July 2024, 11:32 IST
Rupee trades in narrow range against US dollar in early trade
At the interbank foreign exchange market, the local unit opened at 83.45 and lost further ground to trade at 83.46 against the greenback in initial deals, registering a decrease of 3 paise from its previous closing level.
26 June 2024, 03:57 IST
Rupee trades in narrow range against US dollar in early trade
26 June 2024, 03:57 IST
Rupee trades in narrow range against US dollar in early trade
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading marginally lower by 0.04 per cent at 105.42.
25 June 2024, 03:54 IST
Rupee trades in narrow range against US dollar in early trade
25 June 2024, 03:54 IST
Rupee settles on flat note at 83.51 against US dollar
At the interbank foreign exchange market, the local unit traded in a narrow range. It opened at 83.51, and touched an intraday low of 83.52 during the day.
14 May 2024, 10:58 IST
Rupee settles on flat note at 83.51 against US dollar
14 May 2024, 10:58 IST
Rupee opens on flat note at 83.51 against US dollar in early trade
On the domestic equity market, the 30-share BSE Sensex was trading 31.16 points, or 0.04 per cent higher at 72,807.29 points. The broader NSE Nifty was up 14.15 points, or 0.06 per cent, to 22,118.20 points.
14 May 2024, 03:54 IST
Rupee opens on flat note at 83.51 against US dollar in early trade
14 May 2024, 03:54 IST
Rupee rises 3 paise to end at 83.43 against US dollar
Forex traders said a massive selling in the domestic equity market and outflow of foreign funds capped the gains in the local currency.
03 May 2024, 10:42 IST
Rupee rises 3 paise to end at 83.43 against US dollar
03 May 2024, 10:42 IST
Rupee falls 13 paise to close at 83.16 against US dollar
However, a recovery in domestic equity markets and foreign fund inflows cushioned the downside, forex traders said.
20 March 2024, 10:59 IST
Rupee falls 13 paise to close at 83.16 against US dollar
20 March 2024, 10:59 IST
Rupee falls 3 paise to close at 82.78 against US dollar
This comes after the rupee witnessed range-bound trading in initial deals against the US dollar this morning, as market participants remained on the sidelines ahead of the release of key macroeconomic data.
12 March 2024, 10:13 IST
Rupee falls 3 paise to close at 82.78 against US dollar
12 March 2024, 10:13 IST
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