Wednesday, February 8, 2023

Rupee

Rupee drops 10 paise to close at all-time low of 82.40 per USD

The rupee slipped 10 paise to finish at a fresh lifetime low of 82.40 against the US dollar on Monday, weighed down by risk-averse sentiment among investors.Moreover, a negative trend in domestic equities and a firm greenback overseas sapped...

Falling rupee makes education costlier

Studying abroad has become costlier amid a sharp fall in rupee. The cost for studying in the US has gone up by Rs 1.5 to 2 lakh per year.The increase in tuition fees in the US, the UK and...

Rupee declines by 42 paise to 81.82

The rupee fell by 42 paise to close at 81.82 against the US dollar on Monday, snapping its two-session gaining streak as heavy selling in domestic equities and a spike in crude oil prices weighed on the local unit.Besides,...

Rupee slides to all-time low at Rs.81.93 against US dollar

The Indian rupee has depreciated to trade at an all-time low of 81.93 against the US dollar after the surge in dollar index, dealers said.At the interbank foreign exchange, the rupee opened at 81.90 against the dollar, then fell...

Rupee sinks to lifetime low

The rupee slumped 30 paise to close at a fresh lifetime low of 81.09 against the US dollar on Friday, weighed down by the strong American currency overseas and risk-off sentiment among investors.At the interbank foreign exchange market, the...

Rupee ends almost flat, at 79.77, against the US dollar

The Indian rupee ended almost flat against the US dollar on Monday, with just 3 paise fall, at 79.77.At the interbank foreign exchange market, rupee ended at 79.77, against 79.74 on the previous trading session against the US dollar.“A...

Rupee falls 7 paise to close at 79.78 against US dollar

The rupee declined by 7 paise to close at 79.78 (provisional) against the US dollar on Friday, tracking a strong dollar in overseas markets and losses in domestic equities.At the interbank foreign exchange market, the domestic currency opened at...

Rupee ends 6 paise up against US dollar at 79.52

The Indian rupee ended 6 paise up, at 79.52, against the US dollar on Monday following stronger regional currencies and risk-on sentiments ahead of inflation data. At the Interbank foreign exchange market, rupee ended at 79.52, as against 79.58...

Rupee ends 24 paise down at 79.80 against USD

The Indian rupee depreciated 24 paise to close at 79.80 against the US dollar on Friday ending the week on the weak note. At the interbank foreign exchange market, rupee ended at 79.80, as against 79.56 against the US...

US Fed rate hike: Rupee to remain under pressure

Indian rupee, which earlier this week touched an all-time low, is likely to remain under pressure and may test new levels as a fallout of the US Federal Reserve indicating more interest rate hikes, experts said.The aggressive rate hikes...