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Rupee versus dollar News

Rupee versus dollar

31 Oct 2017

Rupee likely to be around Rs 66/USD in Dec: Report

In contrast, in 2018, USD weakness is likely to push the INR to Rs 64/USD by December 2018, it added.

03 Sep 2017

Global cues, rupee movement to drive Indian equity markets

Last week, key equity indices gained around one per cent each on hopes of a rate cut by the Reserve Bank of India, coupled with short-covering and healthy auto sales and manufacturing data.

India forex reserves

17 Feb 2017

Forex reserves down $360.9 million to $362.78 billion

India's foreign exchange reserves dropped by USD 360.9 million to USD 362.785 billion in the week to February 10 due to decline in foreign currency assets (FCAs), a key component, the Reserve Bank said today.

Rupee performance

14 Feb 2017

Rupee outperformance to come under pressure: Edelweiss

The fundamental pressure on USD/INR is on upside and the pair is heading towards a level of 72-73 by December-end this year, says an Edelweiss Securities report.

11 Jul 2016

Rupee climbs 26 paise against dollar

Rupee traded higher by 26 paise at 67.11 against the US dollar today as exporters and banks stepped up selling of the American currency.

03 May 2016

Rupee has appreciated in real terms since 2014

The rupee may have weakened against the dollar in nominal terms, but at real effective exchange rates, it appreciated by 5.5 percent in 2014-15 and 3 percent in 2015-16, the government informed Parliament today.

25 Feb 2016

Rupee hits new 30-month low at 68.72, down 15 paise

The rupee today plunged to a fresh 30-month low of 68.72, dropping 15 paise against the US dollar on fresh demand for the American currency from banks and importers in view of persistent fall in domestic equity market amidst foreign capital outflows.

22 Feb 2016

Rupee dips 23 paise to fresh 30-month low against USD

The rupee weakened by 23 paise to trade at fresh 30-month low at 68.69 against the American currency in early trade today as the dollar firmed up overseas.

09 Feb 2016

Rupee again breaches 68-mark, down 26 paise in early trade

The rupee again broke below the 68-mark by depreciating 26 paise to 68.20 against the dollar in early trade at the Interbank Foreign Exchange due to increased demand for the American unit from importers and banks amid a lower opening in the domestic equity market.

Rupee versus dollar

11 Jan 2016

Rupee trims initial losses, still down 15 paise

The rupee trimmed its initial losses, but was still down by 15 paise to 66.78 per dollar in late morning deals amid persistent demand for the US currency from banks and importers on the back of higher dollar overseas amid weak domestic equities.

07 Dec 2015

Rupee up 7 paisa against dollar in early trade

The rupee was trading higher by 7 paise at 66.62 against the US dollar in early trade on fresh selling of the American currency by exporters and banks.

04 Dec 2015

Rupee hits more than two-year low; RBI intervenes

The rupee slumped to an over two-year low on Friday, tracking weakness in global markets and renewed fears of a U.S. rate hike, with RBI intervening to arrest the fall.

India's forex reserves

21 Nov 2015

Attempts to stabilise rupee adds USD 781 million to Forex kitty

The central bank's attempts to curb volatility in rupee value and to maintain its competitiveness helped India's foreign exchange (Forex) kitty to gain USD 780.9 million, experts said on Saturday.

19 Oct 2015

Rupee firms up 8 paise against dollar in early trade

The rupee edged higher by 8 paise to trade at 64.73 against the dollar today on fresh selling of the US currency by exporters amid sustained foreign fund inflows.

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