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Latest Articles in indian rupee

Indian Rupee At Over Three-Month Peak; RBI In Focus

Foreign investors bought a net $2.39 billion worth of shares in June, but remain net sellers of $2.53 billion so far in 2020.

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India Money Supply Surge Signals Pandemic-Related Uncertainty, Not Growth

India's M3 money supply rose 6.7% in the first five months of this year compared with the same period last year, the highest growth in seven years.

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Indian Rupee's Coronavirus-Induced Weakness To Linger In Near-Term

The Reserve Bank of India cut interest rates on March 27 by 75 basis points, its biggest cut since 2009, during the global financial crisis, to 4.40%.

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Rupee Hits Record Low Amid Coronavirus Scare

The partially convertible rupee dropped to a record low of 74.5075 against the dollar before recovering slightly to trade at 74.4445 by 0355 GMT.

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Rupee Opens At 71.22 Against USD Ahead Of RBI Policy Decision

The rupee had settled at 71.25 against the US dollar on Wednesday. Brent crude futures, the global oil benchmark, rose 1.70 per cent to USD 56.22 per barrel.

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Weak Growth To Pull Down Indian Rupee, Coronavirus Fears To Impinge

Reserve Bank of India Governor Shaktikanta Das has said reviving growth was a 'national objective' in coordination with the government, the latest budget provided only minimal support to the slowing economy.

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Rupee Slips 34 Paise To 71.66 Against US Dollar In Early Trade

The rupee opened weak at 71.62 at the interbank forex market and then fell further to 71.66, down 34 paise over its last close.

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Rupee Falls 14 Paise, Slips Below 71 Per $

Traders said weak opening in domestic equities and foreign fund outflows weighed on the rupee.

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Rupee Rises 8 Paise To 71.23 Against US Dollar In Early Trade

At the interbank foreign exchange the rupee opened at 71.28, then gathered momentum and touched 71.23 against the USD.

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Rupee Rises 5 Paise To 71.30 Against USD In Early Trade

The rupee could not hold on to the gains and was trading at 71.32 against the dollar at 0955 hrs.

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Rupee Slips 5 Paise To 71.17 Against $ In Early Trade

At the interbank foreign exchange, the rupee opened at 71.15 then fell to 71.17 against the $.

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Rupee Rises 8 Paise To 70.75 Against $ In Early Trade

Forex traders said the weakening of the US dollar vis-a-vis other currencies overseas also supported the rupee.

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Rupee Settles 9 Paise Up At 71.20 Against US Dollar

Investor sentiments strengthened after the Reserve Bank of India signalled to continue with accommodative stance.

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Rupee Slips 12 Paise To 71.78 Against $ In Early Trade

Forex traders said the domestic unit is trading in a narrow range ahead of the RBI monetary policy decision on Thursday.

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Gold Up Rs 80; Silver Gains Rs 101 Per Kg

Gold is trading at Rs 38,789 per 10 gram in the national capital on Tuesday as stronger rupee limited the gains.

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