US dollar

RBI likely selling dollars to support rupee near record low, traders say

The RBI will likely 'try and hold 84.42-84.43 levels for the day, as there is a lot of buying pressure right from the start (of the session),' a trader with a private bank said.

21 November 2024, 04:27 IST

RBI likely selling dollars to support rupee near record low, traders say

21 November 2024, 04:27 IST

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.

21 November 2024, 03:57 IST

Rupee turns flat at 84.42 against US dollar in early trade

21 November 2024, 03:57 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 recovers from all-time low to settle 6 paise higher at 84.40 against US dollar

At the interbank foreign exchange, the rupee opened at 84.42 and touched the intra-day high of 84.37 against the greenback during the session. It finally settled at 84.40 (provisional) against the dollar, up 6 paise from its previous close.

18 November 2024, 11:51 IST

Rupee recovers from all-time low to settle 6 paise higher at 84.40 against US dollar

18 November 2024, 11:51 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

Rupee falls 4 paise to close at all-time low of 84.43 against US dollar

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

14 November 2024, 10:50 IST

Rupee falls 4 paise to close at all-time low of 84.43 against US dollar

14 November 2024, 10:50 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 may depreciate 8-10% during Trump 2.0, says SBI report

The report, titled US Presidential Election 2024: How Trump 2.0 Impacts India’s and Global Economy, emphasised that the rupee can have a brief spell of depreciation against the US dollar, followed by appreciation.

11 November 2024, 14:37 IST

Rupee may depreciate 8-10% during Trump 2.0, says SBI report

11 November 2024, 14:37 IST