Wednesday, February 8, 2023

Rupee

Rupee falls 17 paise to record low

The rupee declined by 17 paise to close at its fresh lifetime low of 77.61 against the US dollar on Wednesday amid unabated foreign fund outflows and concerns over aggressive rate hikes by the US Federal Reserve to tame...

Rupee slips to close at all-time low of 77.55/USD

The rupee pared its initial gains and settled 5 paise lower at its fresh lifetime low of 77.55 against the US dollar on Friday, as inflation concerns and strength of the American currency weighed on the local unit.Forex traders...

Rupee in ‘ICU’ under Modi: Cong on rupee free fall

Says PM cannot hide eco, social realities forever With the Indian rupee falling to an all-time low, the Congress on Monday shot a barb at the Modi government, saying the Indian legal tender is in the “ICU”.In a sharply-worded Facebook...

Rupee slumps to all-time low of 77.44

Extending its losses for a second day, the rupee on Monday slumped by 54 paise to close at a record low of 77.44 against the US dollar, pressured by the strength of the American currency overseas and unabated foreign...

Rupee extends gains, rises 5p to 76.35

Rising for the fourth straight session, the rupee appreciated by 5 paise to close at 76.35 against the US dollar on Thursday after the US Federal Reserve hiked rates by 50 basis points on expected lines but played down...

Rupee rises by 11 paise to 76.50 as dollar retreats from 20-yr high

The rupee appreciated by 11 paise to close at 76.50 against the US dollar on Friday as the greenback retreated from its 20-year high.Expectations of foreign fund inflows in LIC IPO which will open next week, and possible central...

Rupee dives 26 paise to close at 76.68 against USD

The rupee declined 26 paise to close at 76.68 (provisional) against the US dollar on Monday, tracking a strong greenback overseas and a lacklustre trend in the domestic equity markets.At the interbank foreign exchange market, the rupee opened lower...

Rupee slips 14 paise to 75.94 against USD

The rupee declined by 14 paise to close at 75.94 against the US dollar on Thursday, pressured by surging crude oil prices amid intensifying conflict between Russia and Ukraine. Persistent foreign capital outflows and subdued domestic equity markets also...

Rupee skids 47 paise to 75.80 against US dollar

The rupee depreciated by 47 paise to close at 75.80 against the US dollar on Wednesday, pressured by the Russia-Ukraine crisis which also sent crude oil above the USD 110 per barrel mark.Forex traders said sustained foreign fund outflows...

Rupee rises for 5th day, advances 11 paise as dollar, crude oil weaken

Rising for the fifth straight day, the rupee extended gains by 11 paise to close at a one-month high of 74.55 against the US dollar on Monday on the back of a weak dollar and softer crude oil prices...